RateAPY

Sallie Mae Online High-Yield Savings Account at 1.25% APY

Posted by: RateAPY Bank Rates News
March 20th, 2010

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Increase Your Savings By Paying Off Credit Card Debt

Posted by: RateAPY Bank Rates News
March 19th, 2010

Imagine how much more of your money you could keep and invest if only you weren’t paying interest to credit card companies. If you find yourself in credit card debt, make a plan. Here are a few ideas.

Cut up the credit cards and stick to a budget.
If your expenses exceed your income, consider making changes ... Read more »

Rumors Fly Over A Key Interest Rate For Banks

Posted by: RateAPY Bank Rates News
March 19th, 2010

The stock market fell in response to rumors that the Federal Reserve might raise the discount interest rate today (the discount interest rate is the fee banks pay when they borrow money from the Federal Reserve). The Feds raised the discount interest rate last month from 0.500% to 0.750%, sending a signal to the market ... Read more »

Mortgage Rates Tick Up

Posted by: RateAPY Bank Rates News
March 19th, 2010

Just the slightest of movements happened this week in mortgage rates. According to the Freddie Mac Primary Mortgage Market Survey (PMMS), the 30 year fixed average conforming mortgage rate moved from 4.95% with 0.7% points to 4.96% with 0.7% points. The 15 year fixed average conforming mortgage rates moved from ... Read more »

Increase Your Savings By Paying Off Credit Card Debt

Posted by: RateAPY Bank Rates News
March 19th, 2010

Imagine how much more of your money you could keep and invest if only you weren’t paying interest to credit card companies. If you find yourself in credit card debt, make a plan. Here are a few ideas.

Cut up the credit cards and stick to a budget.
If your expenses exceed your income, consider making changes ... Read more »

AimLoan.com 30-Year Fixed-Rate Mortgage at 4.687% APR

Posted by: RateAPY Bank Rates News
March 18th, 2010

Whether you are looking for a first mortgage for a home purchase or to refinance your existing mortgage, comparing mortgage rates online can be the best way to get the lowest interest rates and the terms you need.
AimLoan.com, a Certified UpFront Mortgage Lender licensed in 43 states, currently has a variety ... Read more »

Quicken Loans’ 30-Year, Fixed-Rate Mortgages Start at 4.75%

Posted by: RateAPY Bank Rates News
March 18th, 2010

Mortgage Rates Set to Rise?
The Federal Reserve announced March 16 that it would halt at the end of this month its $1.25 trillion program of buying mortgage-backed securities. And many economists think that that could mean higher mortgage rates soon.
So if you’re considering refinancing, or if you want to buy a ... Read more »

The FOMC Leaves Interest Rates Unchanged, Again

Posted by: RateAPY Bank Rates News
March 17th, 2010

The FOMC met today to discuss U.S. monetary policy. As expected, they decided to leave their main interest rate, the Fed Funds Target Rate, unchanged. The current target of 0.000%-0.250% has been in place over a year in order to stimulate the struggling U.S. economy.
Interest Rates Still Low for ... Read more »

AmericaNet Bank Mega Money Market Account at 2.00% APY

Posted by: RateAPY Bank Rates News
March 16th, 2010

Money Market Accounts for Quick Access and Emergency Funds
Money Market accounts appeal to consumers who want to earn interest on their money yet have quick access to it in case of an emergency.
Financial planners suggest that every household should have an emergency fund of three to six months of expenses. A money market ... Read more »

Georgia Primary Bank Pays up to 2.30% APY to Georgia Residents with Money Market Accounts

Posted by: RateAPY Bank Rates News
March 16th, 2010

When Money Market Accounts Make Sense
Generally speaking, money market accounts pay better interest rates than either checking or savings accounts. So if you don’t want to tie up your money in certificates of deposit, and prefer to avoid riskier investments, a money market account may well be right for you.
Georgia ... Read more »