Thursday, October 18, 2012

Possibility of finding a Reward Card for budget hotels

Free airline flights are easily the best known travel rewards perks. However, for frequent travelers, cashing in travel rewards for free hotel stays can offer great value, particularly when traveling to big cities where hotels can easily cost upwards of $300 a night.

Wednesday, October 17, 2012

Restaurant owners reject proposed Visa, Mastercard

The country's largest restaurant trade group joined a chorus of detractors claiming that a proposed settlement over credit card interchange fees doesn't go far enough to foster competition among merchant banks. In a statement to reporters, Dawn Sweeney, President and CEO of the National Restaurant Association, said that the pending deal with Visa, MasterCard, and a host of member banks will not "fundamentally change a broken marketplace in which swipe fees are set."

Tuesday, October 16, 2012

Mortgage Rates interest rates remain conventional loans at 3.25%

After managing to improve on Thursday and Friday,mortgage rates begin the current week slightly higher.  Even so, the changes between Friday and today are minimal in most cases and several lenders are actually unchanged or slightly lower in rate/fee.  This leaves the prevailing Best-Execution rate for 30yr fixed, conventional loans at 3.25%.