RateAPY

Lawmakers Propose New Rules on Bank Overdraft Fees

Posted by: RateAPY Bank Rates News
October 20th, 2009

Link your savings or money market account with checking in an overdraft protection program to avoid fees

AIG Bank Signature Money Market Account at 1.60% APY

Posted by: RateAPY Bank Rates News
October 19th, 2009

Money market accounts offer great appeal to people who want easy access to their savings along with a higher interest rate than a typical savings account. Comparing quotes from different banks can be a good way to build your savings faster while keeping the principal safe.
AIG Bank Money Market ... Read more »

Zions Bank Savings Account at 1.40% APY

Posted by: RateAPY Bank Rates News
October 16th, 2009

When consumers choose to open a savings account, they are looking for a safe place to keep their money while it grows. Comparing interest rates at different banks can be a good way to start saving.
Interest Compounding
When comparing savings accounts, pay attention to how often the interest is compounded. Your savings will grow ... Read more »

Mortgage Rates Up On Good Economic News

Posted by: RateAPY Bank Rates News
October 16th, 2009

Current Mortgage Rates Edge Higher
Mortgage backed securities (MBS) end up the worst performer of the day as sellers continue to lean on the market. Spreads between MBS and treasuries widened while equities hold the Dow Jones above 10,000.
FOMC Minutes And Unemployment
The FOMC released the minutes from the September 22-23 meetings. Most notable was the statement ... Read more »

Ally 1-Year Jumbo CD at 2.05% APY

Posted by: RateAPY Bank Rates News
October 15th, 2009

Comparing CD rates and terms makes sense for anyone trying to safely grow their money, but for those with larger amounts to invest, even the smallest variation in the interest rate can have a big impact.
Jumbo CDs–An FDIC-Insured Investment

Certificates of deposit, including jumbo CDs, are FDIC-insured accounts that protect ... Read more »

CloseYourOwnLoan.com Offering Fixed-Rate Refinance Deals at 4.75% or Less

Posted by: RateAPY Bank Rates News
October 15th, 2009

As mortgage rates continue to drop, those interested in saving money by refinancing or finding low mortgage rates for a home purchase are comparing mortgage quotes in order to find the best loan product.
CloseYourOwnLoan.com to Reduce Costs
Aside from attractive rates, the market currently offers borrowers the option of ... Read more »

Home Prices Fall in August; The buyer’s market continues, as home prices and mortgage rates remain low.

Posted by: RateAPY Bank Rates News
October 15th, 2009

A price index designed to be an early-detection tool for the housing industry showed a small drop in home prices for August. The latest IAS360 House Price Index showed that national house prices declined by 0.2%. Although the drop is small, it marks the second down month in a row, after a 2.8% increase in ... Read more »

Credit Card Rates Going Up: Wells Fargo Announces Credit Card Rate Increases of Up to 3%

Posted by: RateAPY Bank Rates News
October 14th, 2009

Wells Fargo & Co. announced last week it will raise credit card rates before a new federal credit card law goes into effect that would prevent such a hike. Citing economic woes, Wells Fargo said it will raise interest rates on most of its credit cards by up to 3%, effective November 30.
Wells Fargo Not ... Read more »

Savings Account Rates: the Flip Side of Low Yields

Posted by: RateAPY Bank Rates News
October 14th, 2009

Doubtless you have heard in the news that many banks are in need of new capital, especially if regulations require higher bank reserves. Believe it or not, the money that you deposit is one of the best and steadiest sources of capital for your bank. As Americans as a whole increase their savings rate, the ... Read more »

AIG Certificate of Deposit Accounts: 1.51% APY for 6-Month Terms

Posted by: RateAPY Bank Rates News
October 9th, 2009

In the ongoing search for safe, secure savings vehicles, consumers are comparing CD rates from various banks to find the best value.
Savers interested in opening a CD should compare not just the CD interest rates, but also the term of the CD. While borrowers may be relieved that ... Read more »