RateAPY

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 »

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 »

Mortgage Deliquencies Are Up, Again

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

Mortgage delinquencies rose 21 percent from January 2009 to January 2010 according to Equifax. The main cause for the increase is unemployment which is now about 9.7%. Small businesses are normally the chief combatant against unemployment, but with credit tight, many small businesses are not able to answer the call of duty.
Mortgage Delinquencies Lead to ... Read more »

Stock Investments Suffer On Concerns About Greece And Unemployment

Posted by: RateAPY Bank Rates News
February 25th, 2010

Federal Reserve Chairman Ben Bernanke continued his Congressional testimony today before the Senate Banking Committee. Stock investments fell dramatically as the testimony began to cover what could be serious issues with U.S. banks’ involvement with credit default swaps sold to Greece. Goldman Sachs and other companies may have used creative derivatives to help Greece hide ... Read more »

Home State Finance Offers 30 Year Fixed Rate Mortgage at 4.789% APR

Posted by: RateAPY Bank Rates News
February 25th, 2010

Low mortgage interest rates continue to be a bright spot in the U.S. economy. These historically low rates are increasing the affordability of home purchases and allowing homeowners a chance to refinance and save money on the home they already own.
Massachusetts residents can work with local mortgage lender Home State Mortgage ... Read more »

How to Use a Mortgage Payment Calculator

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

Mortgage payment calculators are plentiful on the Internet. There are several different types. Following are a couple of tips so that you’ll know which kind of loan calculator you may need, and what type of information you should provide.
A basic mortgage loan calculator will ask you for a loan ... Read more »

Integrated Financial Group Offers 30-Year Fixed-Rate Loan at 4.726% APR

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

Whether they are refinancing or looking for a mortgage loan for a home purchase, consumers should take the time to carefully compare several loan offers. Be sure the length of the loan and amount are the same, and then compare interest rates, fees, and discount points.
Integrated ... Read more »

Banks May Suffer over Commercial Real Estate

Posted by: RateAPY Bank Rates News
February 11th, 2010

Elizabeth Warren, chair of the Congressional Oversight Panel, is sounding an alarm about forthcoming losses to community banks. She says that by the end of 2010, half of all mortgages on commercial real estate will be upside down. Upside-down commercial mortgages mean that property owners will have a difficult time refinancing when their current loan ... Read more »

How the Federal Budget Deficit May Impact Your Savings Account

Posted by: RateAPY Bank Rates News
February 9th, 2010

Americans have been paying down their debts at an accelerated rate since mid-2008. They have also been increasing their personal savings. Meanwhile, the U.S. government has been going into debt at an accelerated rate. The net savings rate in the U.S. is now negative for the first time since the Great Depression.
According to, “Protecting Yourself ... Read more »

CapWest Mortgage offers 30-Year Fixed-Rate Mortgage at 5.025% APR

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

First-time homebuyers, repeat buyers, and homeowners all share one common interest: to find the mortgage loan with the best interest rate and the lowest fees. The Internet makes this comparison that much simpler.
Earlier generations had to call banks and lenders to compare mortgage programs, but today’s ... Read more »