RateAPY

Bank Interest Rates May Change After Bernanke Speaks

Posted by: RateAPY Bank Rates News
February 8th, 2010

Bank interest rates on everything from your certificates of deposit, savings accounts, money market accounts, and mortgages could be affected by what Federal Reserve Chairman Ben Bernanke has to say to Congress on February 10.
Congress has long been pressuring Bernanke to disclose a plan ... Read more »

Earn 3.2% APY with a 5-Year Discover Bank Certificate of Deposit

Posted by: RateAPY Bank Rates News
February 8th, 2010

CD Rates and Terms
Generally speaking, the best CD rates are available only to those who are willing to tie up their money for long periods. And that may create a dilemma. You want the best possible return now, but what happens if interest rates in general rise?
Discover Bank CD Rate Calculator
There’s a handy calculator on ... Read more »

Mortgage Rates May Be Increasing

Posted by: RateAPY Bank Rates News
February 6th, 2010

Mortgage rates increased .03% on average this week for a 30-year fixed, conforming home loan. According to the Freddie Mac Primary Mortgage Market Survey (PMMS), the average conforming 30-year fixed was 5.01% with 0.7% points. The trend since the start of 2010 has been that mortgage rates are steadily ... Read more »

Top 3 Ways to Get the Highest CD Rates

Posted by: RateAPY Bank Rates News
February 6th, 2010

In this economy, you have to be smart and know a few tricks to get the highest rates on your certificates of deposit (CDs). Here are the top three ways you can make the most of your CDs:

Shop online for CD interest rates. Online may be the most convenient way ... Read more »

Bank of America Offers 30-Year Fixed-Rate Mortgage at 5.000%

Posted by: RateAPY Bank Rates News
February 5th, 2010

Homeowners interested in refinancing their mortgage loans may want to move quickly to take advantage of today’s low rates. Real estate experts are predicting a slight rise in mortgage rates later in 2010.
For the best mortgage rates, compare quotes online from several lenders. Be sure that you ... Read more »

Acacia Federal Savings Bank Five-Year Certificates of Deposit at 3.30% APY

Posted by: RateAPY Bank Rates News
February 4th, 2010

While some savings vehicles are designed for consumers who want the flexibility of depositing and transferring money at any time, certificates of deposit (CDs) offer the certainty of earning a defined amount of interest during a specific time.
Comparing CD rates online allows you to find ... Read more »

Credit Cards May Indicate a Pattern in Consumer Spending

Posted by: RateAPY Bank Rates News
February 3rd, 2010

It may be common for consumers to use either a credit card or debit card when making a purchase. Tracking consumer spending through the Visa and Mastercard companies may be a good way to detect patterns. Despite record numbers of credit card defaults, both the Visa and Mastercard companies are showing good profits. In part, ... Read more »

AimLoan.com Offers 30-Year, Fixed-Rate Mortgage Rates as Low as 4.5% (4.674% APY)

Posted by: RateAPY Bank Rates News
February 3rd, 2010

Freddie Mac’s mortgage rate archive shows that home loans generally remain inexpensive, and close to the 50-year low reached in December 2009.
But different brokers and mortgage lenders charge different interest rates, and offer different deals, so it remains as important as ever to shop around for the best home loan ... Read more »

Banks Start a War Over the Volcker Rule

Posted by: RateAPY Bank Rates News
February 2nd, 2010

Banking lobbyists have descended on Capitol Hill to fight against the Volcker rule. President Obama has vowed to take on the fight and has requested that Congress do what is necessary to reform banks so “never again will the American taxpayer be held hostage by a bank that is too big to fail.”
What Is the ... Read more »

Zions Bank Internet Savings Account at 1.25% APY

Posted by: RateAPY Bank Rates News
February 2nd, 2010

If you’re interested in building a solid financial foundation for you and your family, you may try a variety of vehicles for saving and investing. A savings account can be a simple place to earn interest and create an emergency fund.
Comparing savings accounts online can be ... Read more »