Understanding Prime Interest Rate?The prime interest rate is what banks charge their best and most creditworthy customers. Also known as the prime lending rate, it is based on the ...
Prime Rate?The prime interest rate is important to consumers because a lower rate increases liquidity by making loans less expensive and easier to ...
Record Low Mortgage Rates?Hitting the bottom is not always a bad thing, especially when it comes to interest rates for ...
Low Interest Rates Push New Car Sales?A combination of low interest rates and the availability of auto loans at zero interest have helped push new car sales in the ...
Shorter Mortgages and Lower Interest Rates?A trend toward shorter term mortgages was evidenced by the recent Freddie Mac Quarterly Product Transition Report that shows over one third of ...
Rising Interest Rates on Student Loans?Aspiring college applicants face problems on the horizon as the legislation approving lower student loan interest rates is set to expire this year ...
Mortgage Rates Still Falling?The latest numbers from Freddie Mac show that interest rates on both 30- and 15-year fixed-rate mortgages hit record lows as the yields from ...
Best Interest Rate Calculators?Calculating interest rates and interest payment amounts for any type of long-term monetary transaction obviously used to be quite difficult before ...
Feds Interest Rates on Hold Some economists feel the Federal Reserve’s current low interest rates are still needed to offset slow domestic demand, and specify real goals ...
Credit Card Balance Transfers?For people who are struggling to pay their credit card bills, transferring your many balances to a single 0% interest card might seem like a good ...