RateAPY

Nationwide Bank® Money Market Account Now Paying 1.3% APY

Posted by: RateAPY Bank Rates News
April 26th, 2010

Money Market Accounts Provide Liquidity
If you prefer to maintain a diverse investment portfolio, you may well already have a money market account. One of these can often deliver a better yield than a vanilla savings account, yet still provide you with excellent flexibility–and liquidity.
Nationwide Bank Money Market Rates
Right now, Read more »

Banking Reform: Congress Has Reached Tentative Agreement

Posted by: RateAPY Bank Rates News
April 26th, 2010

Banking Reform Targets Derivative Contracts
Congress worked on banking reform over the weekend and Sunday night made tentative agreements that could be debated as early as today. Senator Chris Dodd, D-Conn. and Senator Blanche Lincoln, D-Ark., announced today that their committees have agreed on the best parts of two bills ... Read more »

Savings From FNBO Direct with 1.25% APY and No Minimum Balance

Posted by: RateAPY Bank Rates News
April 23rd, 2010

If you are looking for a place to stash your cash besides under the proverbial mattress–someplace where you’ll earn some interest and still have easy access–consider an online savings account from FNBO Direct.
Online, Mobile, and Email Access to Your Savings
Not only will you earn a savings account rate of 1.25% APY ... Read more »

Short Term Mortgage Rates Attract Attention

Posted by: RateAPY Bank Rates News
April 23rd, 2010

For a long time, it made little financial sense to choose an adjustable rate mortgage over a fixed rate mortgage. On April 23, 2009, one year ago, the 30-year fixed conforming mortgage rate was 4.80% with 0.7 points while the 5/1 ARM was 4.85% with 0.6 points. The 30-year fixed-rate mortgage was a better deal, ... Read more »

Gold Star Financial Offers 30-Year Fixed-Rate Mortgage at 4.829% APR

Posted by: RateAPY Bank Rates News
April 23rd, 2010

Mortgage rates have remained historically low so far in 2010, encouraging many homeowners to refinance and homebuyers to search for the best mortgage loan to meet their needs.
When comparing mortgage products, be sure to check the interest rate, points and terms of the loan. In addition, check to see what fees you will ... Read more »

Banking Reform Legislation Stirs Up Controversy

Posted by: RateAPY Bank Rates News
April 22nd, 2010

There is nothing like a really horrible crisis to make you smarter. Senator Chris Dodd is trying to learn from the US economy’s recent near collapse and prevent another near financial melt down through his new legislation, Restoring American Financial Stability Act. No one can seriously argue against ... Read more »

Ally Bank Money Market Account at 1.29% APY

Posted by: RateAPY Bank Rates News
April 22nd, 2010

Money market accounts offer a perfect balance for many consumers, allowing them to set aside money for savings yet still be able to access the funds when necessary. As Americans focus more on saving money for emergencies and avoiding some of the more volatile investment strategies, a money market account becomes a valuable ... Read more »

Money Market Accounts Pay More Than Money Market Funds

Posted by: RateAPY Bank Rates News
April 21st, 2010

Money Market Funds Are Not Insured And Pay About 0%
In September 2008, at the height of the financial crisis, an investment that most people thought was as safe as cash caused a lot of confusion. Investors thought that money market funds couldn’t loose money. They were wrong. It caused such an upset that the ... Read more »

SmartyPig® Has Smart Idea: Raise Savings Account Rates

Posted by: RateAPY Bank Rates News
April 21st, 2010

Savings Account Interest Rates
It’s a cruel irony that, just as many Americans have rediscovered the virtues of thrift, the rewards they receive–in the form of savings account interest rates–have tended to decline.
SmartyPig Promises to Raise Interest Rates
Right now, a SmartyPig savings account pays 2.01% APY, which ... Read more »

U.S. Bank Offers Certificates of Deposit at 3.15% APY

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

Looking for a high CD rate? U.S. Bank is currently encouraging new and current customers to “lock in a great rate” of as much as 3.15% APY per $1,000 deposited.
Certificates of Deposit Rate Deal from U.S. Bank
You can earn these high interest rates:

2.00% APY for a 27-month CD
2.25% APY ... Read more »