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 »

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 »

Shop Bank Accounts, Find The Best Banks

Posted by: RateAPY Bank Rates News
March 12th, 2010

FDIC Bank Accounts Always Safe
According to the FDIC, over 100 banks were taken over in 2009. Several more banks have folded so far this year. As weak banks are sold and taken over by stronger banks, the banking world gets healthier. Your FDIC insured deposits are always safe. In the history of the FDIC, not ... Read more »

Shop Bank Accounts, Find The Best Banks

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

According to the FDIC, over 100 banks were taken over in 2009. Several more banks have folded so far this year. As weak banks are sold and taken over by stronger banks, the banking world gets healthier. Your FDIC insured deposits are always safe. In the history of the FDIC, not one insured penny was ... Read more »

How To Predict What Interest Rates Will Do

Posted by: RateAPY Bank Rates News
March 10th, 2010

About every six weeks the Federal Reserve’s Federal Open Market Committee (FOMC) gets together to decide if they should change the Fed Funds Target Rate. If you want to know whether your certificates of deposit will be paying more in the near future, one way ... Read more »

Earn 1.3% APY with the Ally Online Savings Account

Posted by: RateAPY Bank Rates News
March 10th, 2010

Interest Rates Set to Rise?
It’s good to hear so many economists agreeing that interest rates are likely to rise later this year. At last savers may get a worthwhile return on their investments.
But that news may put you off tying up your money at today’s low interest rates. And you may well wish to keep ... Read more »

Five-Year Certificate of Deposit from Patriot Bank Yields 3.5% APY

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

Certificates of Deposit Pose Difficult Choices
It’s never easy deciding on a new certificate of deposit just by comparing terms. Those high CD rates that come with a long-term investment are tempting. But suppose interest rates in general suddenly shoot up, and you’re left with your money languishing for years ... 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 »