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What You Need to Know Before Deciding on a Condo or Coop Purchase
Jan 15

What You Need to Know Before Deciding on a Condo or Coop Purchase

The downward spiral of mortgage interest rates is opening up new opportunities for potential home buyers: stock cooperative apartments, better known as coops (pronounced KO – ahps). In the big cities of the East Coast — particularly New York, where they represent 75 percent of the market — coops can be an affordable alternative to

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Wealth Building Home Loan to Help Low-Income and First-Time Home Buyers
Jan 14

Wealth Building Home Loan to Help Low-Income and First-Time Home Buyers

An innovative new mortgage program is getting a lot of favorable media, as it is designed to help low-income borrowers and first-time buyers get into the housing market and stay there. It’s called Wealth Building Home Loan and it is a 15-year mortgage which allows home buyers to build equity much faster than they would

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5 Banking Predictions for 2015: Card Security, Savings Rates and More
Jan 12

5 Banking Predictions for 2015: Card Security, Savings Rates and More

The start of the new year means we’re once again anticipating new banking trends. In 2015, we believe we’ll see enhancements and upgrades to our existing financial accounts so that our ability to grow, protect and manage our money, experiences significant improvements. Last year, we were accurate with 4 out of our 5 banking predictions

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How to Buy a Home In America’s Highest-Priced Markets
Jan 10

How to Buy a Home In America’s Highest-Priced Markets

Thinking about buying a home in one of America’s most expensive cities? If you’re a first-time buyer — perhaps a successful young professional convinced your opportunity has finally arrived — you may want to pause and take stock of your finances. It’s true the national housing market is looking more affordable these days. We can thank

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When a Green Mortgage Is Worth the Investment
Jan 06

When a Green Mortgage Is Worth the Investment

“Going green” at home has taken on new meaning because of the “Green Mortgage” — also known as an Energy Efficient Mortgage (EEM). These loans finance residential energy efficiency upgrades and renewable energy systems — green improvements — that also save you cash (more green). What they are and what they do EEMs are available

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Best Credit Cards for People With Excellent Credit
Jan 02

Best Credit Cards for People With Excellent Credit

A round of applause is due if you tout an excellent credit rating. It’s more than just proof to yourself that you’re responsible with credit, it also opens the doors to some of the best credit cards that would make others envious of your financial prowess. While you can get these credit cards just for

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Best Travel Credit Cards With Rewards and Perks
Jan 01

Best Travel Credit Cards With Rewards and Perks

You love to travel. But, it’s expensive! And, your bank account isn’t exactly on the same page as your craving for travel. No worries, we show you the best travel credit cards that will help you satisfy that love for travel in the form of free trips and handy travel benefits. MyBankTracker scoured a large

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Best Cash Back Credit Cards for Your Purchases
Dec 31

Best Cash Back Credit Cards for Your Purchases

Forget those credit card rewards that come in the form of gift cards, travel or odd gadgets. You want cash. Cash is unbiased, versatile and unhindering. That’s why so many people want to get cash back credit cards, including you. When a cash back credit card is right for you: You pay off your balance

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The Best Good-Credit Credit Cards
Dec 30

The Best Good-Credit Credit Cards

Working your way to a good credit score doesn’t mean you simply get a pat on the back and a nice hearty “good for you!” from lenders. It also means you’re in store for deals that are more favorable than what is offered, on account of your good credit history. Bully to you, person who

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Low Mortgage Rates Make Homeownership More Affordable In 2015

Low Mortgage Rates Make Homeownership More Affordable In 2015

Millennials and other wannabe first-time home buyers ring in the New Year of 2015 with the best opportunity in years to purchase a house. A trend toward low mortgage rates coupled with a big slowdown in rising prices have come together — without a lot of hoopla — to boost affordability and put buyers back

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How to Determine If You Should Refinance Your FHA Loan
Dec 29

How to Determine If You Should Refinance Your FHA Loan

The good news about falling mortgage interest rates carries special significance if you hold an FHA-backed mortgage loan. You may be able to refinance that loan through an FHA streamline refinance program and reduce monthly costs by cutting the interest rate — and by also eliminating your mortgage insurance fees. And the FHA streamline refinance,

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Are Banks Open New Year’s Eve?

Are Banks Open New Year’s Eve?

With only a couple of days left until 2015, many banking customers are wondering if their banks will be open at all on New Year’s Eve and New Year’s Day. Landing in the middle of a work week, the end of the year holidays are sure to affect your bank hours. Here are the banks

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Tips to Maximize Your Citi Dividend Cash Back In 2015
Dec 28

Tips to Maximize Your Citi Dividend Cash Back In 2015

Citi Dividend is one of the more popular cash back credit cards that is going to offer a new set of cash back opportunities in the new year. With no annual fee, the card lets you earn 5% cash back on certain categories that change every quarter, while all other purchases earn 1% cash back.

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Reflecting on MyBankTracker’s 2014 Banking Predictions
Dec 26

Reflecting on MyBankTracker’s 2014 Banking Predictions

Well, 2014 is coming to a close. It’s that time when MyBankTracker reflects on the banking trends that we predicted would take focus in the past year. See how accurate — or inaccurate — we were at forecasting the trends in banking. Prediction: Branches get smaller, smarter – CORRECT In the past few years, the idea

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Best Student Credit Cards for College Spending
Dec 25

Best Student Credit Cards for College Spending

A young college student such as yourself is constantly swamped with expenses. Make the smarter financial move by  picking up the right student credit card, which will allow you to rack up rewards — and enjoy some perks — while you’re at it. Get a student credit card if: You know you can manage your

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Best Credit Cards for People With Fair Credit

Best Credit Cards for People With Fair Credit

Not everyone has a pristine credit record and that is fine. Whatever the reason may be that you have fair (or average) credit, you can definitely work on improving it. With the right credit card for people with fair credit, you’ll be on your way to qualifying for some of the best credit cards on

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Are Banks Open on Christmas Eve?
Dec 23

Are Banks Open on Christmas Eve?

Christmas is finally here! This year Christmas Eve falls on a Wednesday, and both Christmas Eve and Christmas Day will affect bank schedules. Find out which banks plan to stay open on Christmas Eve and get the holiday bank hours for the the 10 largest banks in the U.S. Christmas Eve is the last business day before

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Chase Freedom Strategies to Maximize Cash Back In 2015

Chase Freedom Strategies to Maximize Cash Back In 2015

The new year is just around the corner. For Chase Freedom card customers, including myself, it means new cash back opportunities because we get 5% cash back in categories that change every quarter. As Chase does every year, it released a preview of what these categories will be for each quarter of 2015. It has

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December 2014 Bank Holiday Hours
Dec 22

December 2014 Bank Holiday Hours

It’s the holiday season again, and there’s only a couple of days left until 2014 comes to an end. Do you know if your bank will be open or closed over the holidays? This year’s holidays fall on the weekdays, and it’s important to get all of your banking done in advance. Also, this is

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Best Balance Transfer Credit Card Offers for Debt Consolidation

Best Balance Transfer Credit Card Offers for Debt Consolidation

Stuck in a pile of debt? Do what many other people are doing to dig themselves out: balance transfers. Pick from one of the best balance transfer card offers around to help you get started. Balance transfers 101 When you transfer a credit card balance, you’re essentially using one credit card to pay another credit.

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Best Low Interest Credit Cards to Help You Eliminate Debt
Dec 19

Best Low Interest Credit Cards to Help You Eliminate Debt

You’ve heard of people getting trapped in credit card debt even though they’re making large monthly payments. The culprit? Interest. With a low interest credit card, you can minimize the interest that you pay and avoid falling into this trap yourself. To warn you about the pitfalls of a high interest rate (sorry, but we think it’s for

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The Best Credit Cards to Save Money on Family Travel

The Best Credit Cards to Save Money on Family Travel

Trips with the family are great for making treasured memories, but it doesn’t often come cheap. According to a 2014 study by American Express, the average summer trip is expected to cost $1,246. For a family of four, that’s almost $6,000! With the holidays right around the corner, use a travel credit card to save

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The Right Way to React When Your Chase Credit Card Gets Canceled
Dec 18

The Right Way to React When Your Chase Credit Card Gets Canceled

Credit cards, like other bank accounts, can change over time for many reasons. Card issuers can come out with newer cards and sometimes, they’ll automatically switch existing card customers to the new card. Or, perhaps the existing card isn’t getting enough applicants. Or, the card issuer is acquired by another company. Whatever the reason, when it

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Best Prepaid Debit Cards With Low Fees 2014
Dec 16

Best Prepaid Debit Cards With Low Fees 2014

We get it. Not everyone can get (or wants) a traditional checking account or credit card. But, in this day and age, you still need to swipe. Right? That’s why prepaid cards exist.   Why you should get a prepaid card: You have difficulty getting a checking account or credit card. You need a debit

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When Picking a New Bank Based on Bank Reviews Consider These Helpful Tips
Dec 15

When Picking a New Bank Based on Bank Reviews Consider These Helpful Tips

Before buying a pair of movie tickets, picking a pizza restaurant, choosing a TV or booking a hotel room, people will first go online to see what others are saying. They want to hear the buzz, good or bad. That goes for financial institutions, too. Consumers will scour scores of bank reviews to find the

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