http://www.properrg.com/blog/home-prices-were-up-overall-2000-2010 Boston based real estate blog including real estate and rental news, tips, neighborhood information, and information about the Greater Boston area. Mon, 30 Aug 2010 05:59:34 -0400 http://wordpress.org/?v=2.8.4 hourly 1 http://www.properrg.com/blog/home-prices-were-up-overall-2000-2010/comment-page-1#comment-221 insurance Tue, 16 Mar 2010 22:14:59 +0000 http://www.properrg.com/blog/?p=384#comment-221 I wish Bernanke & Co. would provide a clue by what the Fed. means when they say, "the forseeable future..." 6-months? 1-year? 2-years? My 85-YO Father is desperately struggling now due to the horrible interest rates being offered on secure FDIC insured CD accounts. Are you going to tell an 85-YO man he needs to risk his entire life-savings via the highly volatile bond/stock markets? I don't think so...At least not my Father...My Father won't even consider a fixed income annuity & advised me he'd be happy if he could at least lock in a 5-Year CD @ 4.00%, but there's just no such FDIC insured institution offering such a rate. The best I've seen thus far is 3.63% @ DiscoverBank.Com, but even that's for 10- vs. 5-Years. It would be ludicrous to lock his life savings in for that long, at such a dismal rate. I wish Bernanke & Co. would provide a clue by what the Fed. means when they say, “the forseeable future…” 6-months? 1-year? 2-years? My 85-YO Father is desperately struggling now due to the horrible interest rates being offered on secure FDIC insured CD accounts. Are you going to tell an 85-YO man he needs to risk his entire life-savings via the highly volatile bond/stock markets? I don’t think so…At least not my Father…My Father won’t even consider a fixed income annuity & advised me he’d be happy if he could at least lock in a 5-Year CD @ 4.00%, but there’s just no such FDIC insured institution offering such a rate. The best I’ve seen thus far is 3.63% @ DiscoverBank.Com, but even that’s for 10- vs. 5-Years. It would be ludicrous to lock his life savings in for that long, at such a dismal rate.

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