Interest Rates

  • What if the property next to me has an abandoned home? - 2 hours 16 minutes ago

    To ask a question of the Real Estate Adviser, go to the "Ask the Experts" page and select "Buying, selling a home" as the topic. Read more Real Estate Adviser columns and more stories about real estate. Bankrate's content, including the guidance of its advice-and-expert columns and this website, is intended only to assist you with financial decisions.

  • Why are my car's headlights not bright enough? - 2 hours 16 minutes ago

    For some reason, when I turn on my headlights, I'm still having a hard time seeing the road. Chances are good that your headlight situation is not your imagination. First, double check that all the bulbs in your headlights are actually working and replace any that are out or dim.

  • See how much 'Stranger Things' star Winona Ryder is worth - 2 hours 16 minutes ago

    Winona Ryder's net worth is estimated at $18 million, according to Celebrity Net Worth. The bulk of Ryder's wealth can be attributed to her acting. Timothy Leary and Allen Ginsberg were family friends, and her family raised her to be distrustful of the government and the press.

  • See how much Red Sox legend David Ortiz is worth - Thu, Oct 27, 2016 9:00 PM AEDT

    Celebrity Net Worth Maddie Meyer/Getty Images David Ortiz Net worth: $45 million (as of October 2016) Year of birth: 1975 Education: High school in the Dominican Republic David Ortiz's net worth is estimated ...

  • Mortgage rates pause ahead of election - Thu, Oct 27, 2016 9:00 PM AEDT

    Mortgage rates essentially stood still this week, as the world waits for the resolution of the elections Nov. 8. SEARCH RATES: Found a home, even in a seller's market? "It's the calm before the storm," says Brett Sinnott, vice president of capital markets for CMG Financial, a mortgage company in San Ramon, California.

  • Where will mortgage rates head next week? - Thu, Oct 27, 2016 9:00 PM AEDT

    Will rates go up, down or remain unchanged? Intro Up 10% Down 10% Unchanged 80% Panel Prediction Up Down Unchanged 10% 10% 80% This week (Oct. 27-Nov. 2), 10% of the panelists believe mortgage rates will ...

  • CD rates for Oct. 27, 2016 - Thu, Oct 27, 2016 9:00 PM AEDT

    Interest Rate Roundup CDs 1-year CD yields: 0.31% 5-year CD yields: 0.81% Rates on certificates of deposit were unchanged in Bankrate's weekly survey of CD rates. The 5-year CD yield stayed at 0.81% for ...

  • Aussie dollar eases after inflation rally AAP - Thu, Oct 27, 2016 5:15 PM AEDT

    The Australian dollar has retreated against the US dollar as markets reconsider the strength of the inflation data that prompted the Aussie dollar to rally above 77 US cents on Wednesday. At 1700 AEDT ...

  • Is the Aussie property boom back? Yahoo7 Finance - Thu, Oct 27, 2016 12:00 AM AEDT
    Is the Aussie property boom back?

    Australia has a two speed property market, with some capitals hitting record high prices while other markets weaken, according to the September quarter Domain House Price Report.

  • Inflation likely to keep RBA on hold AAP - Wed, Oct 26, 2016 5:41 PM AEDT
    Inflation likely to keep RBA on hold

    Inflation has edged up from record lows, reducing the chances of a Melbourne Cup day rate cut from the Reserve Bank. Fruit prices jumped 19.5 per cent in the September quarter and vegetables rose 5.9 per cent, while a 2.3 per cent rise in tobacco prices and a four per cent rise in property rates and charges also contributed to the overall rise, CommSec chief economist Craig James said. Capital Economics chief economist Paul Dale believes the Reserve Bank's concerns about the housing market will offset weak inflation and soft labour market data.

  • $A strengthens on upbeat inflation data AAP - Wed, Oct 26, 2016 5:17 PM AEDT

    Surprisingly strong inflation figures for the September quarter have reduced expectations of a cash rate cut and driven the Australian dollar higher. At 1700 AEDT on Wednesday, the local unit was trading ...

  • Fruit provides inflationary pick-me-up AAP - Wed, Oct 26, 2016 4:38 PM AEDT
    Fruit provides inflationary pick-me-up

    Economists doubt there will be an interest rate cut when the Reserve Bank board meets on Melbourne Cup Day after new inflation figures showed slightly higher price pressures than expected. This was the result of a sharp jump in fruit and vegetable prices, followed by rising electricity costs during the September quarter. The annual rate, and the more interest-rate-sensitive underlying measures of inflation, remain comfortably below the central bank's two to three per cent target band, suggesting the cash rate won't be rising anytime soon.

  • Rate cut unlikely as inflation picks up AAP - Wed, Oct 26, 2016 1:51 PM AEDT
    Rate cut unlikely as inflation picks up

    The chances of another Reserve Bank interest rate cut before Christmas are fading as inflation begins to pick up pace. The consumer price index rose 0.7 per cent in the September quarter, beating expectations of a rise of 0.5 per cent. A 19.5 per cent jump in fruit prices in the September quarter and 5.9 per cent rise in vegetable prices were key factors in the latest data, CommSec chief economist Craig James said.

  • Fruit prices add zest to inflation AAP - Wed, Oct 26, 2016 11:52 AM AEDT

    Inflation pressures rose slightly in the September quarter as fruit prices surged but not enough for the Reserve Bank to move on interest rates next week. The consumer price index rose 0.7 per cent in the quarter for an an annual rate of 1.3 per cent - slightly more than economists expected - as fruit prices jumped by 19.5 per cent over the three months.

  • Subdued price pressures likely to continue AAP - Wed, Oct 26, 2016 3:31 AM AEDT

    Official inflation figures will determine whether the Reserve Bank will be forced to cut the cash rate again at next Tuesday's board meeting or if Australians just move on and enjoy the Melbourne Cup. The central bank cut the cash rate in May and August following the release of inflation figures showing extremely benign inflation numbers. The cash rate now stands at a record low 1.5 per cent.

  • How to sell a haunted house? It's frightfully simple - Tue, Oct 25, 2016 9:00 PM AEDT

    Excited to tour a haunted house this Halloween? In fact, California real estate broker Cindi Hagley was approached to sell so many chilling Victorians in and around San Francisco that she founded Past Life Homes, a nationwide resource to help frightened sellers get top dollar.

  • Sick wife must repay Obamacare discount for using 401(k) - Tue, Oct 25, 2016 9:00 PM AEDT

    When her savings was gone, she borrowed from her 401(k) to pay bills. When we filed our taxes for 2015, we were told that even though my wife paid the taxes on her 401(k) distribution, it was also considered income. ACA wanted her health care discounts back due to the 401(k) distribution.

  • Job figures undermine confidence AAP - Tue, Oct 25, 2016 2:44 PM AEDT

    In the past week consumer confidence has fallen to its lowest level since May - a time when people were still working out whether the federal budget would hit their hip-pocket and worrying what an eight-week federal election campaign might bring. The latest weekly ANZ-Roy Morgan consumer confidence index dropped 3.6 per cent amid a deterioration in views about future financial and economic conditions. Consumer confidence is a pointer to future retail spending.

  • Best cities to build wealth: Surprises among our top picks - Mon, Oct 24, 2016 9:00 PM AEDT

    San Francisco first started turning fortune-seekers into fortune-holders during the gold rush days of the 1840s, and the minting of millionaires continues in the city today amid the technology boom resonating out of nearby Silicon Valley. San Francisco's surging property values, healthy job market and soaring executive paychecks make it the best big city in America for building wealth, a new Bankrate study finds. "I think there are a lot of attractive things about living in San Francisco, one of those things obviously being its booming economy for a lot of different people," says Ashley Pellouchoud, a San Francisco attorney.

  • Home equity loans vs. lines of credit - Mon, Oct 24, 2016 9:00 PM AEDT

    Home Equity Basics copyright JGI/Jamie Grill/ A home equity loan or line of credit allows you to borrow money using your home's equity as collateral. Wait. Don't click to another page. ...

  • Auction clearance rate at 18-month high AAP - Mon, Oct 24, 2016 7:46 PM AEDT
    Auction clearance rate at 18-month high

    The housing auction clearance rate has hit its highest point since April last year. The proportion of auctions ending with a sale over the week to Sunday was 80.2 per cent, well up from 76.2 per cent the week before and 64.9 per cent in the corresponding week of 2015, figures from CoreLogic show. The weekly rise in prices and the sky-high clearance rate were achieved despite a lift in the number of auctions to 2,641 from 2,443 the week before, although the number of auctions held last week was down sharply from 3,143 this time last year.

  • Foreign currency CDs: Tempting but tricky - Fri, Oct 21, 2016 9:00 PM AEDT

    Foreign-currency CDs can be awfully tempting for savers chasing higher yields. As you consider making foreign-currency CDs part of your portfolio, understand the risks and rewards. Foreign-currency CDs can be issued in euros, Indian rupees, South African rands or Brazilian reals, to give a few examples.

  • Why zero-coupon CDs don't come with zero risk - Fri, Oct 21, 2016 9:00 PM AEDT

    Think that zero-coupon certificates of deposit mean zero risk? Zero-coupon CDs are bought at a deep discount, with interest accreting annually. For example, a $75,000 zero-coupon CD may be bought for, say, $50,000, and mature in 7 years.

  • Can car buyer with great credit get a discounted rate? - Fri, Oct 21, 2016 9:00 PM AEDT

    Having top-notch credit is your first step in getting a great interest rate on your car loan, which can help save you big over the life of the loan. Sometimes lenders offer their lowest rates to their current customers in the form of a loyalty discount -- either because of the current banking business they do or because they are getting another car loan. With this in mind, your first step would be to check with any banks, credit unions or third-party lenders you currently do business with to ask for a discounted rate.

  • What if condo promotional material is false? - Fri, Oct 21, 2016 9:00 PM AEDT

    Promotional materials plus the website showed large, clear picture windows, which we thought would highlight a fabulous view. The content is broad in scope and does not consider your personal financial situation.

  • Loan arrears rising - Moody's AAP - Fri, Oct 21, 2016 1:06 PM AEDT

    The causes are economic - and will push mortgage delinquencies even higher. "We expect that mortgage delinquencies will rise moderately for the rest of 2016," ratings agency Moody's Investors Service said in a report on Wednesday.

  • Full-time work collapse may spark RBA cuts AAP - Fri, Oct 21, 2016 12:59 PM AEDT
    Full-time work collapse may spark RBA cuts

    Full-time work is rapidly disappearing in Australia and paving the way for further interest rate cuts, economists warn, even as latest data shows a drop in the nation's unemployment rate. Australia's unemployment rate fell to 5.6 per cent in September, from 5.7 per cent in August, it's lowest level in three years. The number of people in full-time jobs fell by 53,000, while only 43,000 gained part-time work, according to Australian Bureau of Statistics figures for September, released on Thursday.

  • Here's how much you need to earn to buy a home across Australia Property Observer - Fri, Oct 21, 2016 12:00 AM AEDT
    Here's how much you need to earn to buy a home across Australia

    Only two of Australia’s capital cities have a median house price that can be afforded by an average single income.

  • Cheap personal loan rates? It depends on where you look - Thu, Oct 20, 2016 9:00 PM AEDT

    There's a funny thing going on with personal loan interest rates: Depending on where you look, they're moving in opposite directions. A big Wall Street bank has debuted a new online consumer lender that promises to hand out personal loans with no fees at super-competitive interest rates. All in all, though, borrowers with solid credit should continue to find great deals in this competitive market, as long as they look at the right numbers when comparing offers.

  • 7 flavors of CDs: Which one is best for you? - Thu, Oct 20, 2016 9:00 PM AEDT

    The traditional CD remains the most popular type of certificate of deposit, but financial institutions also offer a variety of nontraditional CDs that can be more flexible than the regular kind. With a traditional CD, you deposit a fixed amount of money for a specific term and receive a predetermined interest rate.

  • Benefits of using the ACH network for business - Thu, Oct 20, 2016 9:00 PM AEDT

    Every time you receive a direct deposit or use your bank's automatic bill pay function, chances are good that you've utilized the ACH network. Automated Clearing House is a system for financial transactions in the U.S. ACH processes large volumes of credit and debit transactions in batches. ACH credit transfers include direct deposit, payroll and vendor payments.

  • 7 IRA withdrawals that don't trigger a penalty - Thu, Oct 20, 2016 9:00 PM AEDT

    In general, to withdraw funds penalty-free from an IRA you must be at least 59 one half years of age and the account must have been open for at least 5 years. Unreimbursed medical expenses To pay unreimbursed medical expenses that are more than 7.5% of your adjusted gross income. Medical insurance To pay medical insurance for yourself, your spouse and your dependents if you lose your job.

  • CD rates for Oct. 20, 2016 - Thu, Oct 20, 2016 9:00 PM AEDT

    Interest Rate Roundup CDs 1-year CD yields: 0.31% 5-year CD yields: 0.81% Rates on certificates of deposit were unchanged in Bankrate's weekly survey of CD rates. The 5-year CD yield stayed at 0.81% for ...

  • Puny raise next year if you're on Social Security - Thu, Oct 20, 2016 9:00 PM AEDT

    The recent announcement from Social Security about its cost-of-living increase has created intense controversy among those who will be affected most. Retired Social Security recipients receiving the average benefit of $1,355 will get a measly 0.3% raise, or $5 per month more in 2017, according to the agency. Some 70% of Medicare recipients are protected by what's known as the hold-harmless clause, which prevents premium increases that exceed the increase in Social Security benefits.

  • National mortgage rates for Oct. 20, 2016 - Thu, Oct 20, 2016 9:00 PM AEDT

    Interest Rate Roundup Mortgages 30-year fixed: 3.64% Average points: 0.24 Mortgage rates were mostly unchanged this week, according to Bankrate's latest survey of large lenders. The benchmark 30-year fixed-rate ...