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."

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%.

Some ways to part with your credit card

It was love at first swipe: That shiny piece of plastic caught your eye, every purchase brought a thrill and you planned on a bright future together.