Eddie On Everything

Tips & tricks on things that interest me

Entries Tagged ‘ING’

ING Keeps Hawking Their Easy Orange ARM Without Calling It An ARM

A few months back, ING sent me a direct mail piece advertising their Easy Orange Mortgage.
ING’s Easy Mortgage is an Adjustable Rate Mortgage, or ARM, though they go to great lengths to never use the term “ARM” in their promotional pieces.
Looks like they’re at it again.
I received yet another advert pushing their 5/1 ARM.
Again, I [...]

ING Direct Easy Orange Mortgage – Not As Easy As You Think

I got a postcard from ING today. They are inviting me to convert my mortgage to an “Easy Orange” mortgage at the unbelievably low rate of 3.875%. As with most things that sound too good to be true, this deal almost certainly is. And a quick inspection of their website seems to indicate [...]

Is there any advantage to putting money into a CD rather than a regular savings account if each pays the same rate?

Question: Hi, I was wondering if there is any advantage to putting money into a CD versus a regular savings account (like Emigrant Direct or ING) if the rates are same or very close.
On the one hand, a savings account is more liquid than a CD. On the other, a CD [...]

  

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