Global X Funds Global X Interest Rate Hedge ETF (P:RATE)
Business Focus: N/A
Nov 08, 2017 01:00 pm ET
Red Ventures Announces Closing of Acquisition of Bankrate, Inc.
CHARLOTTE, N.C., Nov. 8, 2017 /PRNewswire/ -- Red Ventures today announced that it has completed the previously announced agreement to buy the business of Bankrate, Inc. (NYSE: RATE) a leading online publisher, aggregator, and distributor of personal finance content. For additional details on the transaction, please refer to the joint press release distributed by Red Ventures and Bankrate on July 3, 2017.
Sep 28, 2017 08:45 am ET
Bankrate: Mortgage Rates Show Little Change
NEW YORK, Sept. 28, 2017 /PRNewswire/ -- Mortgage rates showed only subtle movement this week, with the benchmark 30-year fixed mortgage rate inching lower to 4.03 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.30 discount and origination points.
Sep 27, 2017 09:35 am ET
Americans Fear D.C. Politics More than North Korea
NEW YORK, Sept. 27, 2017 /PRNewswire/ -- The political environment in Washington is the biggest threat to the U.S. economy over the next 6 months, according to a Bankrate.com survey of U.S. adults that was conducted within the past week. 36% cited the political situation in D.C., more than the next two choices combined (the threat posed by North Korea, at 24%, and rising interest rates, at 10%). Terrorism also registered approximately 10% of the vote and a decline in the stock market came in with 8%. Click here for more information:
Sep 21, 2017 08:45 am ET
Bankrate: Mortgage Rates Move Back Above 4 Percent
NEW YORK, Sept. 21, 2017 /PRNewswire/ -- Mortgage rates increased for a second consecutive week, with the benchmark 30-year fixed mortgage rate rising above the 4 percent threshold to 4.04 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.28 discount and origination points.
Sep 18, 2017 10:00 am ET
Nearly Half of Americans Plan to Make a Substantial Purchase This Year
NEW YORK, Sept. 18, 2017 /PRNewswire/ -- Nearly half of Americans (49%) indicate they are very likely to make a considerable purchase – like furniture, a television, a smart phone, a computer, an airline ticket or large home appliance – before the end of the year, according to a new Bankrate.com report. Only 17% say they are not at all likely to purchase any of these items. Click here for more information:
Sep 14, 2017 08:45 am ET
Bankrate: Mortgage Rates Rebound Slightly
NEW YORK, Sept. 14, 2017 /PRNewswire/ -- Mortgage rates broke a streak of three consecutive declines, with the benchmark 30-year fixed mortgage rate rising to 3.99 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.29 discount and origination points.
Sep 13, 2017 05:05 pm ET
Bankrate Stockholders Approve Merger With Red Ventures
NEW YORK, Sept. 13, 2017 /PRNewswire/ -- Bankrate, Inc. (NYSE: RATE) ("Bankrate") announced that Bankrate stockholders voted at a special meeting of stockholders held today to adopt the Agreement and Plan of Merger (the "Merger Agreement") providing for the merger of a wholly owned subsidiary of Red Ventures Holdco, LP ("Red Ventures") with and into Bankrate, with Bankrate continuing as the surviving corporation and as a wholly owned subsidiary of Red Ventures. Based on a tabulation of the stockholder vote, approximately 99% of all votes cast, which represents approximately 90% of all outst
Sep 07, 2017 08:45 am ET
Bankrate: Mortgage Rates Dip for 3rd Consecutive Week
NEW YORK, Sept. 7, 2017 /PRNewswire/ -- Mortgage rates were down again this week, with the benchmark 30-year fixed mortgage rate dropping to a fresh 10-month low of 3.95 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.28 discount and origination points.
Aug 31, 2017 08:30 am ET
Bankrate: Mortgage Rates Set 2017 Low
NEW YORK, Aug. 31, 2017 /PRNewswire/ -- Mortgage rates fell to their lowest level of the year, according to Bankrate.com's weekly national survey. The benchmark 30-year fixed mortgage rate is now 3.97 percent (below 4 percent for the first time since last November). It has an average of 0.29 discount and origination points.
Aug 30, 2017 09:45 am ET
Millions Have Already Booked Holiday Travel
NEW YORK, Aug. 30, 2017 /PRNewswire/ -- Eight million U.S. adults have already made hotel reservations for the November/December holiday season and six million have purchased holiday airline tickets, according to a new Bankrate.com report. Click here for more information:
Aug 24, 2017 08:45 am ET
Bankrate: Mortgage rates tie lowest level of 2017
NEW YORK, Aug. 24, 2017 /PRNewswire/ -- Mortgage rates tie the lowest level of 2017 this week, with the benchmark 30-year fixed mortgage rate now 4.02 percent, last seen June 14th and lowest since November 2016, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.31 discount and origination points.
Aug 17, 2017 08:45 am ET
Bankrate: Mortgage Rates Remain in Holding Pattern
NEW YORK, Aug. 17, 2017 /PRNewswire/ -- Mortgage rates were little changed again this week, with the benchmark 30-year fixed mortgage rate nosing higher to 4.05 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.22 discount and origination points.
Aug 15, 2017 09:55 am ET
Percentage of Working Americans Saving More for Retirement Highest in Six Years
NEW YORK, Aug. 15, 2017 /PRNewswire/ -- Twenty-three percent of working Americans increased their retirement savings contributions this year compared to last year, the highest reading in six years of polling, according to a new report from Bankrate.com. Another 16% indicate they have reduced their contributions over that time. Click here for more information:
Aug 09, 2017 08:45 am ET
Bankrate: Mortgage Rates Mostly Steady Amid Summer Doldrums
NEW YORK, Aug. 9, 2017 /PRNewswire/ -- Mortgage rates were little changed this week, with the benchmark 30-year fixed mortgage rate holding at 4.04 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.25 discount and origination points.
Aug 07, 2017 05:01 pm ET
Bankrate Reports Second Quarter 2017 Financial Results
NEW YORK, Aug. 7, 2017 /PRNewswire/ -- Bankrate, Inc. (NYSE: RATE) today reported financial results for the quarter ended June 30, 2017.
Aug 03, 2017 08:45 am ET
Bankrate: Mortgage Rates Fall for 4th Week in a Row
NEW YORK, Aug. 3, 2017 /PRNewswire/ -- Mortgage rates moved lower once again this week, with the benchmark 30-year fixed mortgage rate dipping to 4.04 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.26 discount and origination points.
Jul 27, 2017 08:50 pm ET
Bankrate, Inc. To Report Second Quarter 2017 Earnings On August 7, 2017
NEW YORK, July 27, 2017 /PRNewswire/ -- Bankrate, Inc. (NYSE: RATE) announced today that it will release its second quarter 2017 results on August 7, 2017.
Jul 27, 2017 08:30 am ET
Bankrate: Mortgage Rates Inch Lower as Fed Holds Rates Steady
NEW YORK, July 27, 2017 /PRNewswire/ -- Mortgage rates were down slightly leading into this week's meeting of the Federal Open Market Committee, with the benchmark 30-year fixed mortgage rate dipping to 4.09 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.24 discount and origination points.
Jul 20, 2017 09:55 am ET
Millennial Spending Habits Differ From Older Generations
NEW YORK, July 20, 2017 /PRNewswire/ -- Millennials are spending their money differently than older generations on things like groceries, gas, restaurants and travel, according to a new Bankrate.com report. Millennials (ages 18-36), on average, report spending significantly more than their elders in four of the six categories examined in the survey. Click here for more information:
Jul 20, 2017 08:45 am ET
Bankrate: Mortgage Rates Retreat for Second Week in a Row
NEW YORK, July 20, 2017 /PRNewswire/ -- Mortgage rates were down slightly for the second week in a row, as the benchmark 30-year fixed mortgage rate dipped to 4.11 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.23 discount and origination points.
Jul 19, 2017 09:45 am ET
Real Estate is Americans' Favorite Long-Term Investment
NEW YORK, July 19, 2017 /PRNewswire/ -- Real estate is Americans' favorite long-term investment, according to a new Bankrate.com report. When asked the best way to invest money not needed for more than 10 years, 28% of U.S. adults replied real estate, 23% picked cash investments, 17% favored the stock market, 15% went with gold/other precious metals and 4% said bonds. Click here for more information:
Jul 12, 2017 04:57 pm ET
SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Bankrate, Inc. - RATE
NEW YORK, July 12, 2017 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a boutique securities firm headquartered at the Empire State Building in New York City, is investigating Bankrate, Inc. ("Bankrate" or the "Company") (NYSE: RATE) relating to the sale of the Company to affiliates of Red Ventures. As a result of the merger Bankrate shareholders are only anticipated to receive $14.00 in cash in exchange for each share of Bankrate.
Jul 12, 2017 11:51 am ET
Over 44 Million Americans Have a Side Hustle
NEW YORK, July 12, 2017 /PRNewswire/ -- Over 44 million American adults have a side hustle – that is, a way to earn extra money other than a main source of income – according to a new report from Bankrate.com. This includes 28% of younger millennials (ages 18-26), who are the most likely age group to have a side hustle. Click here for more information:
Jul 11, 2017 07:06 pm ET
WEISSLAW LLP: Bankrate, Inc. Acquisition May Not Be in the Best Interests of RATE Shareholders
NEW YORK, July 11, 2017 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Bankrate, Inc. ("RATE" or the "Company") (NYSE: RATE) in connection with the proposed acquisition of the Company by Red Ventures Holdco, LP. Under the terms of the acquisition agreement, the Company's shareholders will receive $14.00 in cash for each RATE share they own.
Jul 11, 2017 05:09 pm ET
BANKRATE INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Bankrate, Inc.
NEW ORLEANS, July 11, 2017 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Bankrate, Inc. ("Bankrate" or the "Company") (NYSE: RATE) to Red Ventures. Under the terms of the proposed transaction, shareholders of Bankrate will receive only $14.00 in cash for each share of Bankrate that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Jul 11, 2017 08:55 am ET
Rowley Law PLLC Is Investigating Bankrate, Inc. and Its Board of Directors For Potential Breaches Of Fiduciary Duty
NEW YORK, July 11, 2017 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Bankrate, Inc. (NYSE: RATE) and its board of directors concerning the proposed acquisition of Bankrate by Red Ventures Holdco, LP for $14.00 per share in cash. The transaction is valued at approximately $1.3 billion.
Jul 10, 2017 08:44 pm ET
Harwood Feffer LLP Announces Investigation of Bankrate, Inc.
NEW YORK, July 10, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Bankrate, Inc. ("Bankrate" or the "Company") (NYSE: RATE) concerning the proposed acquisition of the Company by Red Ventures.
Jul 06, 2017 09:00 am ET
Bankrate: Mortgage Rates Continue to Rise
NEW YORK, July 6, 2017 /PRNewswire/ -- Mortgage rates nudged higher for the third week in a row, as the benchmark 30-year fixed mortgage rate rose to 4.16 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.25 discount and origination points.
Jul 05, 2017 09:45 am ET
Jul 03, 2017 02:43 pm ET
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Bankrate, Inc. (RATE)
NEW YORK, July 3, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bankrate, Inc. ("Bankrate" or the "Company") (NYSE: RATE). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/rate.
Jul 03, 2017 09:32 am ET
BANKRATE (RATE) ALERT: J&W Launches an Investigation into the Fairness of Price and Process in Proposed Sale of Bankrate, Inc.; Are Shareholders Getting a Fair Price?
SAN DIEGO, July 3, 2017 /PRNewswire/ -- Shareholder rights law firm Johnson & Weaver, LLP (J&W) has launched an investigation into whether the board members of Bankrate, Inc. (NYSE: RATE) breached their fiduciary duties in connection with the proposed sale of the Company to Red Ventures. Bankrate operates as a publisher, aggregator, and distributor of personal finance content on the Internet.
Jul 03, 2017 08:01 am ET
Bankrate to Be Acquired by Red Ventures for $14.00 per Share
NEW YORK and CHARLOTTE, N.C., July 3, 2017 /PRNewswire/ -- Bankrate (NYSE: RATE), a leading online publisher, aggregator, and distributor of personal finance content, today announced that it has entered into a definitive agreement to be acquired by Red Ventures, a leading digital consumer choice platform, in an all-cash transaction that values Bankrate at an enterprise value of approximately $1.4 billion. Under the terms of the merger agreement, Bankrate shareholders will receive $14.00 per share in cash, which represents a premium of approximately 31 percent over Bankrate's three-month aver
Jun 29, 2017 10:46 am ET
Bankrate: Mortgage Rates Inch Higher
NEW YORK, June 29, 2017 /PRNewswire/ -- Mortgage rates were slightly higher for the second week in a row, as the benchmark 30-year fixed mortgage rate rose to 4.07 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.17 discount and origination points.
Jun 27, 2017 10:00 am ET
Nearly 1 in 4 Has No Emergency Savings
NEW YORK, June 27, 2017 /PRNewswire/ -- Nearly a quarter of Americans have no emergency savings, according to a new report from Bankrate.com. However, the percentage of those without an emergency fund currently sits at a six year low, down to 24% this year from 28% last year. Additionally, Americans with an adequate savings cushion – enough to cover six months' expenses or more – jumped to 31% (from 22% in 2015 and 28% last year), a new high during the seven years Bankrate.com has been polling on this subject. Click here for more information:
Jun 26, 2017 09:45 am ET
Millennials Struggle with Financial Vices
NEW YORK, June 26, 2017 /PRNewswire/ -- Millennials are falling victim to common financial vices, such as spending money in coffee shops, racking up bar tabs or frequently dining out, according to a new study from Bankrate.com. The average millennial dines at a restaurant or buys take-out food five times per week and 29% of millennials say they buy coffee at least three times per week. To view the survey results go to:
Jun 22, 2017 08:35 am ET
Bankrate: Mortgage Rates Nudge Higher, But Remain Near 7-Month Lows
NEW YORK, June 22, 2017 /PRNewswire/ -- Mortgage rates were slightly higher this week, as the benchmark 30-year fixed mortgage rate rose to 4.05 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.23 discount and origination points.
Jun 15, 2017 08:45 am ET
Bankrate: Mortgage Rates Hovering at 7-Month Lows
NEW YORK, June 15, 2017 /PRNewswire/ -- Mortgage rates were little changed this week, as the benchmark 30-year fixed mortgage rate inched lower and remains at the lowest level in seven months according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has a rate of 4.02 percent, the lowest since November 16, 2016, and an average of 0.24 discount and origination points.
Jun 08, 2017 08:45 am ET
Bankrate: Mortgage Rates Hit 7-Month Low
NEW YORK, June 8, 2017 /PRNewswire/ -- Mortgage rates continued their decline this week hitting a new 7-month low, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has a rate of 4.04 percent, the lowest since November 16, 2016, and an average of 0.24 discount and origination points.
Jun 07, 2017 09:45 am ET
1-in-4 American Families Have Not Sought Medical Attention Due to Cost
NEW YORK, June 7, 2017 /PRNewswire/ -- Over the past year, one-in-four American families have decided not to seek medical attention when they needed it because of the cost, according to a new study from Bankrate.com. Older millennials, ages 27-36, were the most likely to say this (32%). To view the survey results go to:
Jun 01, 2017 08:30 am ET
Bankrate: Mortgage Rates At Lowest Since Mid-November
NEW YORK, June 1, 2017 /PRNewswire/ -- Mortgage rates fell for the third week in a row, with the benchmark 30-year fixed mortgage rate falling to the lowest level in more than six months, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has a rate of 4.09 percent, the lowest since November 16, 2016, and an average of 0.25 discount and origination points.
May 25, 2017 09:45 am ET
Houston is the Best City to Start a Career
NEW YORK, May 25, 2017 /PRNewswire/ -- Houston is the best city to launch a career, according to a new report by Bankrate.com. The study reviewed the 50 largest metro areas in the U.S. based on several factors a young person should consider when starting their career including: the job market, potential for long-term career-building, affordability and lifestyle for recent college graduates. Click here for more information:
May 25, 2017 08:30 am ET
Bankrate: Mortgage Rates Hit Six-Month Low
NEW YORK, May 25, 2017 /PRNewswire/ -- Mortgage rates continued to fall this week, with the benchmark 30-year fixed mortgage rate sinking to 4.13 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.23 discount and origination points.
May 23, 2017 09:45 am ET
73% Have Financial Regrets
NEW YORK, May 23, 2017 /PRNewswire/ -- Nearly 3-in-4 U.S. adults have financial regrets, according to a new Bankrate.com report. The most common is not saving for retirement early enough, followed by not saving enough for emergency expenses and taking on too much credit card debt. Click here for more information:
May 17, 2017 09:45 am ET
Millennials Think Parents Should Stop Helping with Bills at Earlier Ages
NEW YORK, May 17, 2017 /PRNewswire/ -- Millennials are tougher on themselves when it comes to paying for their own bills than older generations seem to be, according to a new study from Bankrate.com. When asked the age that someone should be able to pay their cell phone bill, buy a car and cover their housing costs, millennials were more likely to choose the youngest age ranges compared to their elders. To view the survey results go to:
May 11, 2017 08:30 am ET
Bankrate: Mortgage Rates Rebound Slightly
NEW YORK, May 11, 2017 /PRNewswire/ -- After barely moving in the past 3 weeks, mortgage rates moved slightly higher this week, with the benchmark 30-year fixed mortgage rate now 4.22 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.27 discount and origination points.
May 10, 2017 09:45 am ET
42% of Americans Say a Person's Credit Score Affects Romantic Interest
NEW YORK, May 10, 2017 /PRNewswire/ -- 42% of Americans say that knowing someone's credit score would have an impact on their interest in dating them, according to a new study from Bankrate.com. Of those respondents, 13% say that credit score has a major impact; while 29% said it would be a minor influence on their decision to date a person. Women were nearly three times as likely to consider credit score a major influence on a potential partner compared to men (20% vs. 7%). To view the survey results go to:
May 04, 2017 05:01 pm ET
Bankrate Reports First Quarter 2017 Financial Results
NEW YORK, May 4, 2017 /PRNewswire/ -- Bankrate, Inc. (NYSE: RATE) today reported financial results for the quarter ended March 31, 2017.
May 04, 2017 08:30 am ET
Bankrate: Mortgage Rates Dawdle Leading Up to Fed Announcement
NEW YORK, May 4, 2017 /PRNewswire/ -- Mortgage rates were little changed leading up to Wednesday's Federal Reserve announcement, with the benchmark 30-year fixed mortgage rate inching lower to 4.18 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.22 discount and origination points.
May 01, 2017 09:30 am ET
Mark Hamrick Named 2017-2018 SABEW President
NEW YORK, May 1, 2017 /PRNewswire/ -- Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst at Bankrate.com, has been named president of the Society of American Business Editors and Writers (SABEW), a leading organization of business journalists.
Apr 27, 2017 08:45 am ET
Bankrate: Mortgage Rates Show Slight Rebound
NEW YORK, April 27, 2017 /PRNewswire/ -- After falling for three consecutive weeks, mortgage rates reversed course this week, with the benchmark 30-year fixed mortgage rate now 4.19 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.26 discount and origination points.
Apr 26, 2017 05:15 pm ET
Bankrate, Inc. To Report First Quarter 2017 Earnings On May 4, 2017
NEW YORK, April 26, 2017 /PRNewswire/ -- Bankrate, Inc. (NYSE: RATE) announced today that it will release its first quarter 2017 results on May 4, 2017. Bankrate's President and Chief Executive Officer, Kenneth S. Esterow and Chief Financial Officer, Steven D. Barnhart will host a live conference call to discuss the results at 5:00 p.m. Eastern time.
Apr 24, 2017 09:45 am ET
Political Climate is Biggest Economic Risk
NEW YORK, April 24, 2017 /PRNewswire/ -- The political environment in Washington poses the biggest threat to the U.S. economy over the next six months, according to a new Bankrate.com report. 38% of Americans chose that response, followed by political/economic instability overseas (19%), terrorism (14%), rising interest rates (10%) and a decline in the stock market (9%).
Apr 20, 2017 08:45 am ET
Bankrate: Mortgage Rates Drop to 2017 Lows
NEW YORK, April 20, 2017 /PRNewswire/ -- Mortgage rates fell the lowest levels of the year, with the benchmark 30-year fixed mortgage rate now 4.16 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.28 discount and origination points.
Apr 19, 2017 02:10 pm ET
CreditCards.com Best Travel Credit Cards of Spring 2017
AUSTIN, Texas, April 19, 2017 /PRNewswire/ -- The Chase Sapphire Reserve is the best travel credit card, according to CreditCards.com. If you can afford the $450 annual fee and spend $4,000 in first three months, you'll have little trouble earning a free flight or luxury hotel stay. Click here for more information:
Apr 19, 2017 09:55 am ET
Wedding Gift-Giving Tendencies Vary by Region
NEW YORK, April 19, 2017 /PRNewswire/ -- Wedding gift-giving habits tend to vary by region, according to a new report from Bankrate.com. The Northeast is the biggest outlier of them all, with significantly higher standards for the value of a typical gift. Click here for more information: www.bankrate.com/cashlorette/wedding-survey-0417/
Apr 14, 2017 11:50 pm ET
BANKRATE INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Bankrate, Inc. - RATE
NEW ORLEANS, April 14, 2017 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Bankrate, Inc. (NYSE: RATE).
Apr 13, 2017 08:30 am ET
Bankrate: Mortgage Rates Slip Amid Geopolitical Tensions
NEW YORK, Apr. 13, 2017 /PRNewswire/ -- Mortgage rates reset fresh three-month lows, with the benchmark 30-year fixed mortgage rate now 4.22 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.28 discount and origination points.
Apr 12, 2017 09:45 am ET
3 in 10 Have Never Redeemed Credit Card Rewards
NEW YORK, April 12, 2017 /PRNewswire/ -- About three in 10 credit cardholders (31%) have never redeemed credit card rewards, according to a new Bankrate.com report. The survey found that cardholders typically gravitate to one extreme or the other, redeeming their rewards points/miles frequently (38% did so within the past six months) or not at all. Click here for more information:
Apr 06, 2017 08:30 am ET
Bankrate: Mortgage Rates Lowest Since Mid-January
NEW YORK, April 6, 2017 /PRNewswire/ -- Mortgage rates fell to the lowest levels in nearly three months, with the benchmark 30-year fixed mortgage rate now 4.24 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.26 discount and origination points.
Mar 30, 2017 08:30 am ET
Bankrate: Mortgage Rates Show Little Change
NEW YORK, March 30, 2017 /PRNewswire/ -- Mortgage rates were only slightly changed this week, with the benchmark 30-year fixed mortgage rate inching higher to 4.30 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.26 discount and origination points.
Mar 29, 2017 09:45 am ET
Best and Worst States to Retire
NEW YORK, March 29, 2017 /PRNewswire/ -- New Hampshire is the best state to retire, according to a new Bankrate.com report. Colorado, Maine, Iowa and Minnesota comprise the rest of the top five. Click here for the full list:
Mar 24, 2017 08:01 pm ET
Mar 23, 2017 10:42 am ET
Bankrate: Mortgage Rates Reverse Course
NEW YORK, March 23, 2017 /PRNewswire/ -- Mortgage rates slipped lower this week, with the benchmark 30-year fixed mortgage rate dropping to 4.29 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.24 discount and origination points.
Mar 21, 2017 09:50 am ET
Americans Feel Better About Savings for First Time in Six Years
NEW YORK, March 21, 2017 /PRNewswire/ -- For the first time in more than six years of polling, Americans say they feel more comfortable with the savings they have now compared to the year before, according to a new Bankrate.com report. Click here for more information:
Mar 17, 2017 02:23 pm ET
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Bankrate, Inc. (RATE)
NEW YORK, March 17, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the Bankrate, Inc. ("Bankrate" or the "Company") (NYSE: RATE). Such investors are advised to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/rate.
Mar 17, 2017 12:36 pm ET
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bankrate, Inc. - RATE
NEW YORK, March 17, 2017 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Bankrate, Inc. ("Bankrate" or the "Company") (NYSE: RATE). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 9980.
Mar 16, 2017 08:30 am ET
Mortgage Rates Hit Multi-Year Highs Ahead of Fed Meeting
NEW YORK, March 16, 2017 /PRNewswire/ -- Mortgage rates increased for a third consecutive week, with the benchmark 30-year fixed mortgage rate rising to 4.44 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.28 discount and origination points.
Mar 13, 2017 09:30 am ET
Free Checking Reaches New High at Credit Unions
NEW YORK, March 13, 2017 /PRNewswire/ -- 84% of the largest credit unions in the U.S. offer standalone free checking accounts to all customers (up from 76% last year), according to a new Bankrate.com study. This is well-over twice the amount offered at the nation's largest banks (38%). To view the full survey, go to:
Mar 09, 2017 07:30 am ET
Bankrate: Mortgage Rates Jump to Nearly 3-Year High
NEW YORK, March 9, 2017 /PRNewswire/ -- Mortgage rates increased for a second week in a row, with the benchmark 30-year fixed mortgage rate rising to the highest level since April 2014 at 4.38 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.26 discount and origination points.
Mar 08, 2017 04:01 pm ET
Bankrate Reports Fourth Quarter and Full Year 2016 Financial Results
NEW YORK, March 8, 2017 /PRNewswire/ -- Bankrate, Inc. (NYSE: RATE) today reported financial results for the quarter and full year ended December 31, 2016.
Mar 06, 2017 09:05 am ET
Just 6% Plan to Splurge with Their Tax Refund
NEW YORK, March 6, 2017 /PRNewswire/ -- Just 6% of U.S. adults who expect to receive a tax refund this year plan to splurge on something such as a vacation or shopping spree, according to a new Bankrate.com report. The most popular uses for the money are much more practical: save or invest it (34%), spend it on necessities such as food or utility bills (29%) and pay down debt (27%). Click here for more information:
Mar 02, 2017 07:30 am ET
Bankrate: Mortgage Rates Rebound Following President's Speech
NEW YORK, March 2, 2017 /PRNewswire/ -- Mortgage rates moved up slightly from one week ago, with the benchmark 30-year fixed mortgage rate nosing higher to 4.31 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.27 discount and origination points.
Feb 28, 2017 08:45 am ET
California the Toughest State for First-Time Homebuyers
NEW YORK, Feb. 28, 2017 /PRNewswire/ -- California is the toughest state for first-time homebuyers, according to a new Bankrate.com report. Hawaii and New York round out the three most difficult states to buy your first home. The data study evaluated all 50 U.S. states based on several factors pertaining to young adults, including home affordability relative to median income, credit availability, unemployment, market tightness and homeownership percentage among under-35 households. Click here for more information:
Feb 23, 2017 07:30 am ET
Bankrate: Mortgage Rates Slide Back
NEW YORK, Feb. 23, 2017 /PRNewswire/ -- Mortgage rates pulled back this week, with the benchmark 30-year fixed mortgage rate retreating to 4.29 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.29 discount and origination points.
Feb 22, 2017 08:30 am ET
Americans Losing Ground in the Battle between Debt & Savings
NEW YORK, Feb. 22, 2017 /PRNewswire/ -- Americans are failing to make progress in savings, while their credit card debt climbs, according to a new study by Bankrate.com. 52% of Americans report they have more money in emergency savings accounts than they do in credit card debt (unchanged from 2016). However, the percentage of Americans with more credit card debt than emergency savings has grown from 22% to 24% over the past year. Furthermore, about 1-in-6 Americans (17%) state they have no credit card debt, but no emergency savings either. This means they are just one unplanned expense aw
Feb 21, 2017 05:56 pm ET
Bankrate, Inc. To Report Fourth Quarter And Full Year 2016 Earnings On March 8, 2017
NEW YORK, Feb. 21, 2017 /PRNewswire/ -- Bankrate, Inc. (NYSE: RATE) announced today that it will release its fourth quarter and full year 2016 results on March 8, 2017. Bankrate's President and Chief Executive Officer, Kenneth S. Esterow and Chief Financial Officer, Steven D. Barnhart will host a live conference call to discuss the results at 5:00 p.m. Eastern time.
Feb 16, 2017 07:30 pm ET
Bankrate: Mortgage Rates Bound Higher on Inflation Pickup
NEW YORK, Feb. 16, 2017 /PRNewswire/ -- Mortgage rates jumped this week, with the benchmark 30-year fixed mortgage rate moving to 4.35 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.25 discount and origination points.
Feb 09, 2017 08:45 am ET
Americans Overoptimistic About Homeownership This Year
NEW YORK, Feb. 9, 2017 /PRNewswire/ -- 59 million American adults (one in four) are considering buying a home this year, according to a new Bankrate.com report. That includes about 16 million who are very likely and 20 million who are somewhat likely. Click here for more information:
Feb 09, 2017 07:30 am ET
Bankrate: Mortgage Rates Pull Back on Political Uncertainty
NEW YORK, Feb. 9, 2017 /PRNewswire/ -- Mortgage rates shifted into reverse this week, with the benchmark 30-year fixed mortgage rate sliding to 4.27 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.26 discount and origination points.
Feb 02, 2017 07:30 am ET
Bankrate: Mortgage Rates Slightly Changed as Fed Holds Steady
NEW YORK, Feb. 2, 2017 /PRNewswire/ -- Mortgage rates were only slightly changed this week, with the benchmark 30-year fixed mortgage rate inching higher to 4.33 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.26 discount and origination points.
Jan 26, 2017 07:20 am ET
Bankrate: Mortgage Rates Return to Highest Level in More than 2 Years
NEW YORK, Jan. 26, 2017 /PRNewswire/ -- Mortgage rates reversed course, unwinding the decreases seen over the previous three weeks and returning to the levels seen in late December that are the highest since September 2014. The benchmark 30-year fixed mortgage rate is now 4.32 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.28 discount and origination points.
Jan 24, 2017 08:30 am ET
Fears Grow Over Rising Interest Rates
NEW YORK, Jan. 24, 2017 /PRNewswire/ -- On the heels of the Federal Reserve's recent interest rate hike, 49% of Americans say they are concerned about rising interest rates in 2017, according to a new survey by Bankrate.com. Fears have grown since last year when 41% of respondents noted their concern regarding increasing rates. The most common reason for worry among respondents was the effect of rising interest rates on the stock market (21%), up from 16% in 2016. To view the survey results go to:
Jan 19, 2017 07:30 am ET
Bankrate: Mortgage Rates Fall for 3rd Consecutive Week
NEW YORK, Jan. 19, 2017 /PRNewswire/ -- Mortgage rates continued to drop this week, with the benchmark 30-year fixed mortgage rate sitting at 4.18 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.25 discount and origination points.
Jan 12, 2017 08:45 am ET
Nearly 60% of Americans Can't Afford Common Unexpected Expenses
NEW YORK, Jan. 12, 2017 /PRNewswire/ -- Almost six in 10 Americans don't have enough savings to pay for a $500 car repair or a $1,000 emergency room bill, according to a new Bankrate.com (NYSE: RATE) report. Click here for more information:
Jan 12, 2017 07:30 am ET
Bankrate: Mortgage Rates Inch Lower
NEW YORK, Jan. 12, 2017 /PRNewswire/ -- Mortgage rates moved lower for a second consecutive week to start 2017, with the benchmark 30-year fixed mortgage rate sitting at 4.20 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.24 discount and origination points.
Jan 05, 2017 07:30 am ET
Bankrate: Mortgage Rates Slide to Start 2017
NEW YORK, Jan. 5, 2017 /PRNewswire/ -- Mortgage rates started off 2017 much differently than they finished up 2016 as mortgage rates pulled back, breaking a streak of nine consecutive weekly increases. The benchmark 30-year fixed mortgage rate settled at 4.21 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.28 discount and origination points.
Dec 29, 2016 07:30 am ET
Bankrate: Mortgage Rates Notch Higher for 9th Consecutive Week
NEW YORK, Dec. 29, 2016 /PRNewswire/ -- Mortgage rates inched upward, but it was enough to extend the climb to a ninth consecutive week, with the benchmark 30-year fixed mortgage rate now at 4.32 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.24 discount and origination points.
Dec 22, 2016 07:30 am ET
Bankrate: Mortgage Rates Hit 27-Month High
NEW YORK, Dec. 22, 2016 /PRNewswire/ -- Mortgage rates climbed for the eighth consecutive week, with the benchmark 30-year fixed mortgage rate zooming to the highest level since September 2014 at 4.31 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.24 discount and origination points.
Dec 19, 2016 08:30 am ET
52% of Working Americans Will Give Up Vacation Days this Year
NEW YORK, Dec. 19, 2016 /PRNewswire/ -- More than half of Americans (52%) who get paid vacation time say they won't use all their allotted time this year, according to a new Bankrate.com (NYSE: RATE) report. Among those who get paid vacation time and won't use all of it, the most popular responses are: 7-10 days left over (30%), 4-6 days (21%) and 1-3 days (15%). 8% expect that they'll leave more than 30 days on the table. The median is 7 days and the average is 19. To view the survey results, go to:
Dec 15, 2016 07:30 am ET
Bankrate: Mortgage Rates Continue to Climb
NEW YORK, Dec. 15, 2016 /PRNewswire/ -- Mortgage rates inched higher, rising for a seventh consecutive week, with the benchmark 30-year fixed mortgage rate rising to 4.18 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.21 discount and origination points.
Dec 13, 2016 10:00 am ET
Wallaby Financial Announces Move to New Location in Pasadena, California
PASADENA, Calif., Dec. 13, 2016 /PRNewswire/ -- Wallaby Financial Inc., the leader in mobile and web-based credit card optimization solutions, today announced an office move to Pasadena's newest and highest quality office space, Playhouse Plaza. After tripling its staff in Pasadena since the start of 2016, Wallaby will use the additional space to support continued growth and hiring.
Dec 13, 2016 08:30 am ET
Iowa is the #1 State for Drivers, California is Last
NEW YORK, Dec. 13, 2016 /PRNewswire/ -- Iowa is the best state for drivers, according to a new Bankrate.com (NYSE: RATE) report. California is the worst. The study evaluated 50 U.S. states based on several factors that impact drivers, including commute time, annual insurance premiums, gas expenditure, cost of car repairs, car thefts and auto fatalities. Click here for more information:
Dec 08, 2016 08:30 am ET
Americans Divided on Financial Impact of the Presidential Election
NEW YORK, Dec. 8, 2016 /PRNewswire/ -- Americans are at odds over how their finances will be affected by last month's presidential election, according to a new study by Bankrate.com (NYSE: RATE). When Americans were asked whether the election results would produce a positive or negative impact on their personal finances, 28 percent said positive, 26 percent said negative, and 39 percent said it made no difference either way. To view the survey results go to:
Dec 08, 2016 07:30 am ET
Bankrate: Mortgage Rates Continue To March Higher
NEW YORK, Dec. 8, 2016 /PRNewswire/ -- Mortgage rates nudged higher, rising for a sixth consecutive week, with the benchmark 30-year fixed mortgage rate rising to 4.15 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.21 discount and origination points.
Dec 01, 2016 07:30 am ET
Bankrate: Mortgage Rates Continue to Rise
NEW YORK, Dec. 1, 2016 /PRNewswire/ -- Mortgage rates continued their upward path this week, with the benchmark 30-year fixed mortgage rate rising to 4.13 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.23 discount and origination points.
Nov 23, 2016 07:30 am ET
Bankrate: Mortgage Rates Highest Since Early January
NEW YORK, Nov. 23, 2016 /PRNewswire/ -- Mortgage rates increased for the fourth consecutive week and the 7th time in the past 8 weeks, with the benchmark 30-year fixed mortgage rate rising to 4.10 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.22 discount and origination points.
Nov 22, 2016 08:30 am ET
Fewer Than 1-in-4 Americans Plans for In-Store Shopping on Black Friday
NEW YORK, Nov. 22, 2016 /PRNewswire/ -- Americans are showing less interest in braving the crowds at stores on Black Friday, according to a new Bankrate.com (NYSE: RATE) report. Only 23% of consumers say they will shop in stores the day after Thanksgiving, down from 28% when Bankrate asked the same question in 2014. In fact, 53% of Americans state they do not plan to do any shopping on Thanksgiving, Black Friday or Cyber Monday. For more information go to:
Nov 16, 2016 06:00 pm ET
Bankrate: Mortgage Rates Show Biggest Weekly Increase Since June 2013
NEW YORK, Nov. 16, 2016 /PRNewswire/ -- Mortgage rates soared this week, with the benchmark 30-year fixed mortgage rate rising to 4.01 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.24 discount and origination points.
Nov 15, 2016 08:30 am ET
48% of Americans Have Seen Their Pay Increase over the Past Year
NEW YORK, Nov. 15, 2016 /PRNewswire/ -- Nearly half of Americans report that their pay has increased over the past 12 months, according to a new study by Bankrate.com (NYSE: RATE). Of the working Americans who state they are making more money, roughly 37% received a pay raise and nearly 12% found a better paying job. To view the survey results go to:
Nov 10, 2016 08:30 am ET
Americans are Divided on Holiday Gift Preferences
NEW YORK, Nov. 10, 2016 /PRNewswire/ -- Americans may want to put more thought into their gift-giving this holiday season. According to a new Bankrate.com (NYSE:RATE) report, half of consumers say they plan to give a gift card this holiday season, yet only 27% of Americans hope to receive them. To view the full survey, go to: http://www.bankrate.com/finance/credit-cards/2016-gift-card-survey.aspx
Nov 09, 2016 05:28 pm ET
Bankrate: Mortgage Rates Spike After Trump Victory
NEW YORK, Nov. 9, 2016 /PRNewswire/ -- Mortgage rates were only modestly changed as the nation went to the voting booth, with the benchmark 30-year fixed mortgage rate rising to 3.73 percent, according to Bankrate.com's weekly national survey. But rates have rocketed higher ever since Donald Trump was declared the winner. The 30-year fixed mortgage has an average of 0.23 discount and origination points.
Nov 03, 2016 05:01 pm ET
Bankrate Reports Third Quarter 2016 Financial Results
NEW YORK, Nov. 3, 2016 /PRNewswire/ -- Bankrate, Inc. (NYSE: RATE) today reported financial results for the quarter ended September 30, 2016.
Nov 03, 2016 08:30 am ET
Bankrate: Mortgage Rates Inch Higher
NEW YORK, Nov. 3, 2016 /PRNewswire/ -- Mortgage rates were slightly higher this week with the benchmark 30-year fixed mortgage rate inching to 3.69 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.23 discount and origination points.
Nov 01, 2016 11:00 am ET
Wallaby Financial App for Android Leverages Geo-location Technology to Maximize Reward Earnings Opportunities
PASADENA, Calif., Nov. 1, 2016 /PRNewswire/ -- Wallaby Financial Inc., the leader in mobile and web-based credit card optimization solutions, today announced the release of version 4.0 of its smart spending assistant app for Android. The latest version of the app sends users alerts based on location, providing instant access to insight on which credit card offers the highest cost-savings, as well as giving users faster integration and connection between the app and their specific banks.
Oct 28, 2016 09:00 am ET
Bankrate Schedules Conference Call Announcing Third Quarter 2016 Earnings
NEW YORK, Oct. 28, 2016 /PRNewswire/ -- Bankrate, Inc. (NYSE: RATE) announced today that it plans to hold a conference call on November 3, 2016 at 5:00 p.m. Eastern time to discuss the company's third quarter 2016 financial results. The call will be led by Bankrate's President and Chief Executive Officer, Kenneth S. Esterow. Also participating in the call will be Steven D. Barnhart, Senior Vice President and Chief Financial Officer of Bankrate, Inc. A press release on the results for the quarter will be issued after the market closes on November 3rd.
Oct 27, 2016 08:30 am ET
Bankrate: Mortgage Rates Mostly Unchanged
NEW YORK, Oct. 27, 2016 /PRNewswire/ -- Mortgage rates held steady this week with the benchmark 30-year fixed mortgage rate remaining at 3.64 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.23 discount and origination points.
Oct 24, 2016 09:30 am ET
Best/Worst Metro Areas for Building Wealth
NEW YORK, Oct. 24, 2016 /PRNewswire/ -- The San Francisco Bay Area is the best U.S. metropolitan area for building wealth, according to a new Bankrate.com (NYSE: RATE) report. The study ranked 21 large metro areas in five categories: savable income, human capital, debt burden, homeownership and access to financial services. Click here for more information:
Oct 18, 2016 09:30 am ET
65% of Americans are Limiting Their Monthly Spending
NEW YORK, Oct. 18, 2016 /PRNewswire/ -- Nearly 2-in-3 Americans are limiting their monthly spending, according to a new study by Bankrate.com (NYSE: RATE). The top reason for regulating their funds is the need to save more money (30%), followed by stagnant income (25%), worries about the economy (15%) and having too much debt (10%). Given the strength of the current labor market, few people (3%) blame worries about job security as their reason for holding back on spending. To view the survey results go to:
Oct 13, 2016 08:30 am ET
Bankrate: Mortgage Rates Jump to 4-Week High
NEW YORK, Oct. 13, 2016 /PRNewswire/ -- Mortgage rates continued their move higher this week with the benchmark 30-year fixed mortgage rate rising to 3.62 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.22 discount and origination points.
Oct 11, 2016 10:05 am ET
41 Million Americans Have Had Identities Stolen
NEW YORK, Oct. 11, 2016 /PRNewswire/ -- 41 million U.S. adults have had their identities stolen, according to a new Bankrate.com (NYSE: RATE) report, and another 49 million know someone who has been affected.
Oct 06, 2016 08:30 am ET
Bankrate: Mortgage Rates Notch Higher
NEW YORK, Oct. 6, 2016 /PRNewswire/ -- Mortgage rates moved higher this week with the benchmark 30-year fixed mortgage rate rising to 3.56 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.24 discount and origination points.
Oct 04, 2016 09:30 am ET
ATM Fees Set New Record High; Overdraft Fees Are Down
NEW YORK, Oct. 4, 2016 /PRNewswire/ -- ATM fees set a new record high for the 10th year in a row, with the total cost of using an out-of-network ATM withdrawal rising to $4.57, according to Bankrate.com's (NYSE:RATE) 19th annual checking survey. To view the full survey, go to:
Sep 29, 2016 08:30 am ET
Bankrate: Mortgage Rates Fall to Nearly 3-Month Lows
NEW YORK, Sept. 29, 2016 /PRNewswire/ -- Mortgage rates pulled back this week to levels not seen since early July, with the benchmark 30-year fixed mortgage rate falling to 3.54 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.22 discount and origination points.
Sep 22, 2016 08:30 am ET
Bankrate: Mortgage Rates Down Slightly
NEW YORK, Sept. 22, 2016 /PRNewswire/ -- Mortgage rates moved modestly lower this week, with the benchmark 30-year fixed mortgage rate slipping to 3.62 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.20 discount and origination points.
Sep 13, 2016 09:30 am ET
Americans Say the Presidential Election is the Biggest Threat to the U.S. Economy
NEW YORK, Sept. 13, 2016 /PRNewswire/ -- More than 6-in-10 Americans see the upcoming presidential election as the biggest threat to the U.S. economy over the next 6 months, according to a new study by Bankrate.com (NYSE: RATE). Terrorism was a very distant 2nd at 12%, followed by struggling overseas economies at 9%, a decline in the stock market at 8% and an increase in interest rates at 5%. To view the survey results go to:
Sep 08, 2016 08:30 am ET
Bankrate: Mortgage Rates Stay the Course
NEW YORK, Sept. 8, 2016 /PRNewswire/ -- Mortgage rates were only slightly changed over the past week, with the benchmark 30-year fixed mortgage rate inching lower to 3.56 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.21 discount and origination points.
Sep 07, 2016 09:00 am ET
7 in 10 Americans Plan on Working during Retirement
NEW YORK, Sept. 7, 2016 /PRNewswire/ -- 70% of non-retired Americans plan to work as long as possible during retirement, according to a new Bankrate.com (NYSE: RATE) report. Only 25% say they have no plans to work during retirement. Click here for more information:
Sep 01, 2016 08:30 am ET
Bankrate: Mortgage Rates in Summer Doldrums
NEW YORK, Sept. 1, 2016 /PRNewswire/ -- Mortgage rates were little changed as August came to a close, with the benchmark 30-year fixed mortgage rate holding at 3.57 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.23 discount and origination points.
Aug 31, 2016 10:05 am ET
Best and Worst Metro Areas for Homeowners
NEW YORK, Aug. 31, 2016 /PRNewswire/ -- Portland, Ore., Phoenix, Atlanta, Las Vegas and Minneapolis/St. Paul are the best metropolitan areas for homeowners, according to a new Bankrate.com report. Click here for the full list:
Aug 25, 2016 08:30 am ET
Bankrate: Mortgage Rates Show Little Change
NEW YORK, Aug. 25, 2016 /PRNewswire/ -- Mortgage rates posted only slight changes this week, with the benchmark 30-year fixed mortgage rate inching to 3.57 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.25 discount and origination points.
Aug 18, 2016 08:30 am ET
Bankrate: Mortgage Rates in Holding Pattern
NEW YORK, Aug. 18, 2016 /PRNewswire/ -- Mortgage rates posted only subtle movements this week, with the benchmark 30-year fixed mortgage rate holding at 3.56 percent for a third consecutive week, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.25 discount and origination points.
Aug 16, 2016 09:30 am ET
31 Million American Workers Are Saving More for Retirement
NEW YORK, Aug. 16, 2016 /PRNewswire/ -- More American workers have increased their retirement savings this year, according to a new study by Bankrate.com (NYSE: RATE). Twenty-one percent of working Americans state they are saving more for retirement than they were last year, the highest level reported in the past five years. In addition, fewer people are opting out of saving for retirement altogether. Just 5% didn't contribute to retirement savings this year or last, a new low for the study. To view the survey results go to:
Aug 11, 2016 08:30 am ET
Bankrate: Mortgage Rates Remain at 2nd Lowest Level of 2016
NEW YORK, Aug. 11, 2016 /PRNewswire/ -- Mortgage rates were little changed despite a strong jobs report for July, with the benchmark 30-year fixed mortgage rate remaining at 3.56 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.23 discount and origination points.
Aug 09, 2016 09:30 am ET
Hawaii Has the Highest Closing Costs, Pennsylvania Has the Lowest
NEW YORK, Aug. 9, 2016 /PRNewswire/ -- Hawaii has the highest mortgage closing costs in the country and Pennsylvania has the lowest, according to a new Bankrate.com (NYSE: RATE) report.
Aug 04, 2016 05:01 pm ET
Bankrate Reports Second Quarter 2016 Financial Results
NEW YORK, Aug. 4, 2016 /PRNewswire/ -- Bankrate, Inc. (NYSE: RATE) today reported financial results for the quarter ended June 30, 2016.
Aug 04, 2016 08:30 am ET
Bankrate: Mortgage Rates Slump on News of Disappointing Economic Growth
NEW YORK, Aug. 4, 2016 /PRNewswire/ -- Mortgage rates reversed course following a less-than-stellar report on economic growth, with the benchmark 30-year fixed mortgage rate dropping to 3.56 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.27 discount and origination points.
Aug 01, 2016 09:30 am ET
Nearly 9 in 10 College Graduates Say College is a Good Investment
NEW YORK, Aug. 1, 2016 /PRNewswire/ -- Despite the high cost of tuition, 89% of college graduates say that their college education is a good investment, according to a new Bankrate.com (NYSE: RATE) report. In general, nearly three quarters (73%) of all Americans consider college to be a worthwhile venture. Of this group, younger millennials (age 18-25) are the most supportive of investing in a college degree (88%). To view the survey results to:
Jul 28, 2016 06:50 pm ET
Bankrate Schedules Conference Call Announcing Second Quarter 2016 Earnings
NEW YORK, July 28, 2016 /PRNewswire/ -- Bankrate, Inc. (NYSE: RATE) announced today that it plans to hold a conference call on August 4, 2016 at 5:00 p.m. Eastern time to discuss the company's second quarter 2016 financial results. The call will be led by Bankrate's President and Chief Executive Officer, Kenneth S. Esterow. Also participating in the call will be Steven D. Barnhart, Senior Vice President and Chief Financial Officer of Bankrate, Inc. A press release on the results for the quarter will be issued after the market closes on August 4th.
Jul 28, 2016 08:30 am ET
Bankrate: Mortgage Rates Continue Post-Brexit Rebound
NEW YORK, July 28, 2016 /PRNewswire/ -- Mortgage rates continue to crawl back from post-Brexit lows, with the benchmark 30-year fixed mortgage rate moving up for a third week in a row to 3.63 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.23 discount and origination points.
Jul 21, 2016 08:30 am ET
Bankrate: Mortgage Rates Nose Higher
NEW YORK, July 21, 2016 /PRNewswire/ -- Mortgage rates continue to give back some of the gains seen post-Brexit, with the benchmark 30-year fixed mortgage rate moving up for a second week in a row to 3.6 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.24 discount and origination points.
Jul 19, 2016 09:00 am ET
54 Million Americans Prefer Cash as a Long-Term Investment
NEW YORK, July 19, 2016 /PRNewswire/ -- 54 million Americans prefer cash investments with money not needed for more than 10 years, according to a new Bankrate.com (NYSE: RATE) report. Click here for more information:
Jul 14, 2016 08:30 am ET
Bankrate: Mortgage Rates Rebound Slightly
NEW YORK, July 14, 2016 /PRNewswire/ -- After moving notably lower for two weeks post-Brexit, mortgage rates bounced back a bit, with the benchmark 30-year fixed mortgage rate now at 3.57 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.23 discount and origination points.
Jul 13, 2016 09:30 am ET
Top Checking Account Sign-up Bonuses Available Right Now
NEW YORK, July 13, 2016 /PRNewswire/ -- Banks are offering substantial checking account sign-up bonuses to attract new customers, according to new research from Bankrate.com (NYSE: RATE). Banks located in the 10 largest U.S. markets are offering their customers between $50 and $400 in cash for opening a new checking account. For more information on the study, go to:
Jul 07, 2016 08:30 am ET
Bankrate: Mortgage Rates at 2nd-Lowest Level on Record
NEW YORK, July 7, 2016 /PRNewswire/ -- Mortgage rates keep dropping as post-Brexit uncertainty weighs on financial markets, with the benchmark 30-year fixed mortgage rate now at 3.52 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.27 discount and origination points.
Jul 06, 2016 09:30 am ET
Only 1 in 3 Millennials are Investing in the Stock Market
NEW YORK, July 6, 2016 /PRNewswire/ -- Millennials continue to lag behind their elders when it comes to investing in the stock market, according to a new Bankrate.com (NYSE: RATE) report. Just 33% of millennials say that they own stock, compared to 51% of Gen Xers (ages 36-51) and 48% of Baby Boomers (ages 52-70). What's interesting is that older millennials are leading the charge when it comes to investing; 44% of those ages 26-35 say they invest, compared to only 18% of those ages 18-25. To view the survey results to: http://www.bankrate.com/finance/consumer-index/money-pulse-0716.aspx
Jun 30, 2016 09:30 am ET
New Cars Unaffordable in All Major U.S. Cities
NEW YORK, June 30, 2016 /PRNewswire/ -- A median-income household cannot afford the average-priced new car or light truck in any of the 50 largest cities in the U.S., according to research released today by Bankrate.com (NYSE: RATE). Bankrate.com's full list of how much a median-income household in each of the surveyed cities can afford to spend on a vehicle can be found here:
Jun 30, 2016 08:30 am ET
Bankrate: Mortgage Rates Plunge to 3-year Low Following Brexit Vote
NEW YORK, June 30, 2016 /PRNewswire/ -- Mortgage rates fell to a fresh 3-year low following the Brexit vote, with the benchmark 30-year fixed mortgage rate sinking to 3.61 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.24 discount and origination points.
Jun 23, 2016 08:30 am ET
Bankrate: Mortgage Rates Rise Ahead of Brexit Vote
NEW YORK, June 23, 2016 /PRNewswire/ -- Mortgage rates rebounded modestly this week, with the benchmark 30-year fixed mortgage rate rising to 3.73 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.19 discount and origination points.
Jun 21, 2016 09:35 am ET
66 Million Have No Emergency Savings
NEW YORK, June 21, 2016 /PRNewswire/ -- 66 million U.S. adults have zero dollars saved for an emergency, according to a new Bankrate.com (NYSE: RATE) report. Gen Xers are in the worst position: 33% of 36-51 year-olds haven't saved anything versus 27% of all others who are 18 or older. Click here for more information:
Jun 20, 2016 09:00 am ET
Bankrate Announces Closing of Acquisition of NextAdvisor Business
NEW YORK, June 20, 2016 /PRNewswire/ -- Bankrate, Inc. (NYSE: RATE) today announced that it has completed the previously announced agreement to buy the business of NextAdvisor, Inc., a leading online source of independent and in-depth research and reviews of credit cards, personal finance and internet services. For additional details on the transaction, please refer to Bankrate's May 5, 2016 press release.
Jun 16, 2016 08:30 am ET
Bankrate: Mortgage Rates Lowest in More Than 3 Years
NEW YORK, June 16, 2016 /PRNewswire/ -- Mortgage rates fell further this week, with the benchmark 30-year fixed mortgage rate now at the lowest point since May 2013, 3.69 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.19 discount and origination points.
Jun 13, 2016 09:30 am ET
Nearly 2 in 3 Millennials Do Not Have a Credit Card
NEW YORK, June 13, 2016 /PRNewswire/ -- An astounding 64% of millennials do not own a credit card, according to a new Bankrate.com (NYSE: RATE) report. The study shows that credit card usage increases with age, wherein 55% of 30-49 year olds have credit cards, 62% of people age 50-64 use them and 68% of those ages 65+ affirm they own a credit card. To view the survey results go to:
Jun 09, 2016 08:30 am ET
Bankrate: Mortgage Rates Sink Lower
NEW YORK, June 9, 2016 /PRNewswire/ -- Mortgage rates continued to fall this week, with the benchmark 30-year fixed mortgage rate sinking to 3.74 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.18 discount and origination points.
Jun 02, 2016 08:30 am ET
Bankrate: Mortgage Rates Drift Lower
NEW YORK, June 2, 2016 /PRNewswire/ -- Mortgage rates were down very slightly this week, with the benchmark 30-year fixed mortgage rate inching lower to 3.81 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.18 discount and origination points.
May 26, 2016 08:30 am ET
Bankrate: Mortgage Rates Rise for Second Consecutive Week
NEW YORK, May 26, 2016 /PRNewswire/ -- Mortgage rates increased again this week, with the benchmark 30-year fixed mortgage rate rising to 3.82 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.2 discount and origination points.
May 23, 2016 10:05 am ET
Senior Citizens' Incomes Fall Short in 47 of 50 States
NEW YORK, May 23, 2016 /PRNewswire/ -- Senior citizens in 47 states and the District of Columbia aren't replacing enough of their pre-retirement incomes, according to a new Bankrate.com (NYSE: RATE) study. Many financial experts believe retirees need at least 70% of the income they earned in their working years, but only seniors in Hawaii, Alaska and South Carolina meet that threshold.
May 19, 2016 08:30 am ET
Bankrate: Mortgage Rates Moving Higher
NEW YORK, May 19, 2016 /PRNewswire/ -- Mortgage rates reversed course and began moving higher, with the benchmark 30-year fixed mortgage rate registering at 3.76 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.18 discount and origination points.
May 17, 2016 09:30 am ET
42 Million Americans Regret Not Saving Earlier for Retirement
NEW YORK, May 17, 2016 /PRNewswire/ -- A whopping seventy-five percent of Americans say they have financial regrets, according to a new study by Bankrate.com (NYSE: RATE). Among those Americans, the regrets that top their list include, not saving for retirement early enough (18%) and not saving enough money for emergency expenses (13%). To view the survey results go to:
May 17, 2016 09:00 am ET
Bankrate Announces Proposed Agreement to Settle Private Securities Class Action
NEW YORK, May 17, 2016 /PRNewswire/ -- Bankrate, Inc. (NYSE: RATE) today announced that it has reached a proposed agreement, subject to Court approval, to settle the private securities class action pending against the Company and certain current and former officers of the Company.
May 12, 2016 08:30 am ET
Bankrate: Mortgage Rates Continue to Drop
NEW YORK, May 12, 2016 /PRNewswire/ -- Mortgage rates slipped lower this week, with the benchmark 30-year fixed mortgage rate sliding to 3.75 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.17 discount and origination points.
May 05, 2016 05:12 pm ET
Bankrate Reports Q1 2016 Results; Revenue Growth Driven By Strong Performance In Credit Cards Segment
NEW YORK, May 5, 2016 /PRNewswire/ --
May 05, 2016 05:10 pm ET
Bankrate, Inc. Agrees To Acquire NextAdvisor Business
NEW YORK, May 5, 2016 /PRNewswire/ -- Bankrate, Inc. (NYSE: RATE) announced today that it has reached an agreement to acquire the business of NextAdvisor, Inc., a leading online source of independent and in-depth research and reviews of credit cards, personal finance and internet services.
May 02, 2016 10:05 am ET
78% Have Successfully Asked for a Higher Credit Limit
NEW YORK, May 2, 2016 /PRNewswire/ -- Almost eight in 10 U.S. credit cardholders who have asked for a higher credit limit have been approved, according to a new Bankrate.com (NYSE: RATE) report. The problem is that just 28% have asked.
Apr 29, 2016 12:00 pm ET
Bankrate Schedules Conference Call Announcing First Quarter 2016 Earnings
NEW YORK, April 29, 2016 /PRNewswire/ -- Bankrate, Inc. (NYSE: RATE) announced today that it plans to hold a conference call on May 5, 2016 at 5:00 p.m. Eastern time to discuss the company's first quarter 2016 financial results. The call will be led by Bankrate's President and Chief Executive Officer, Kenneth S. Esterow. Also participating in the call will be Steven D. Barnhart, Senior Vice President and Chief Financial Officer of Bankrate, Inc. A press release on the results for the quarter will be issued after the market closes on May 5th.
Apr 28, 2016 08:30 am ET
Bankrate: Mortgage Rates Hit One-Month High
NEW YORK, April 28, 2016 /PRNewswire/ -- Mortgage rates increased for a second consecutive week, with the benchmark 30-year fixed mortgage rate climbing to 3.83 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.16 discount and origination points.
Apr 25, 2016 09:30 am ET
New York Named Best City for Launching a Career
NEW YORK, April 25, 2016 /PRNewswire/ -- New York is the best city to launch a career, according to a new report by Bankrate.com. The study evaluated 100 U.S. cities based on several factors a young person should consider when starting their career including: job prospects, pay potential, quality of life, social opportunities and career advancement. Click here for more information:
Apr 21, 2016 08:30 am ET
Bankrate: Mortgage Rates Post First Increase in a Month
NEW YORK, April 21, 2016 /PRNewswire/ -- Mortgage rates increased modestly this week, with the benchmark 30-year fixed mortgage rate ticking up to 3.75 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.19 discount and origination points.
Apr 19, 2016 09:00 am ET
Financial Security Hits Lowest Point in 19 Months
NEW YORK, April 19, 2016 /PRNewswire/ -- Despite an improving economy, Americans' financial security is at its lowest point in 19 months, according to a new Bankrate.com (NYSE: RATE) report. This is the least impressive reading since September 2014. Additionally, women are feeling worse about their financial security than men.
Apr 14, 2016 08:30 am ET
Bankrate: Mortgage Rates Slide for 4th Week in a Row
NEW YORK, April 14, 2016 /PRNewswire/ -- Mortgage rates continued the trek lower this week, with the benchmark 30-year fixed mortgage rate slipping to 3.72 percent, the lowest level since May 2013 according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.18 discount and origination points.
Apr 12, 2016 09:30 am ET
Earn 28 Times the National Average on a Checking Account
NEW YORK, April 12, 2016 /PRNewswire/ -- Twenty-one checking accounts offered by U.S. banks and credit unions yield 2% or more, according to Bankrate.com (NYSE: RATE). Compared to the average money market account which is yielding just 0.11%, high-yield checking accounts can bring in substantially higher gains than conventional savings accounts. In fact, the average yield across all 56 accounts surveyed was 1.65%. These accounts offer the top yield among all liquid, federally insured deposit products and the highest risk-free return available in the investment realm. The full study can b
Apr 07, 2016 08:30 am ET
Bankrate: Mortgage Rates at Lowest Level in Nearly Three Years
NEW YORK, April 7, 2016 /PRNewswire/ -- Mortgage rates continued dropped even lower this week, with the benchmark 30-year fixed mortgage rate slipping to 3.75 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.19 discount and origination points.
Apr 05, 2016 09:00 am ET
36 Million Homeowners Are Planning to Make Home Renovations This Year
NEW YORK, April 5, 2016 /PRNewswire/ -- 36 million homeowners are planning to renovate their homes in the next 12 months, according to a new Bankrate.com (NYSE: RATE) report. Home exterior or yard renovations such as driveways, decks, patios, pools, landscaping or fencing are the most popular option, followed by new flooring and new windows, roofing or siding. Click here for more information:
Mar 31, 2016 08:30 am ET
Bankrate: Mortgage Rates Continue to Fall
NEW YORK, March 31, 2016 /PRNewswire/ -- Mortgage rates continued to decline this week, with the benchmark 30-year fixed mortgage rate slipping to 3.83 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.17 discount and origination points.
Mar 29, 2016 09:57 am ET
Former Senior Bankrate Executive Joins Even Financial to Grow Partner Network
NEW YORK, March 29, 2016 /PRNewswire/ -- Raed Khawaja, formerly VP, Business Development for financial lead generation company Bankrate (NYSE: RATE) joined financial technology startup Even Financial on March 28. With a nearly US$1bn market capitalization, Bankrate is one of the largest players in the fast growing financial services customer acquisition market.
Mar 28, 2016 09:30 am ET
Millennials Are the Best Savers
NEW YORK, March 28, 2016 /PRNewswire/ -- Millennials are saving more money than any other age group, with 62% stating they are saving more than 5% of their incomes; up from 42% last year. The new study by Bankrate.com (NYSE: RATE) found just 50% of older adults (age 30 and up) are saving more than 5% of their pay. It shows an evident migration to higher savings rates, with 29% of millennials saving more than 10% of their incomes, up from 22% last year. To view the survey results go to:
Mar 24, 2016 08:30 am ET
Bankrate: Mortgage Rates Slip Lower
NEW YORK, March 24, 2016 /PRNewswire/ -- Mortgage rates declined modestly this week breaking a three-week string of increases, with the benchmark 30-year fixed mortgage rate slipping to 3.90 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.17 discount and origination points.
Mar 17, 2016 08:30 am ET
Bankrate: Mortgage Rates Nudge Higher for 3rd Week in a Row
NEW YORK, March 17, 2016 /PRNewswire/ -- Mortgage rates were up modestly this week, with the benchmark 30-year fixed mortgage rate now 3.93 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.16 discount and origination points.
Mar 14, 2016 09:30 am ET
78% of Americans Willing to Delay Tax Refunds Due to Identity Theft Fears
NEW YORK, March 14, 2016 /PRNewswire/ -- Many Americans are willing to delay the receipt of their tax refund for up to two months if it would provide the IRS time to combat identity fraud, according to a new Bankrate.com (NYSE: RATE) report. 22% of Americans are willing to wait patiently for up to 8 weeks, followed closely by 20% who would wait 1 to 2 weeks. 15% said they would not be willing to wait any additional time to safeguard against refund fraud. Click here for more information:
Mar 11, 2016 10:00 am ET
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Bankrate, Inc. (RATE)
NEW YORK, March 11, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Bankrate, Inc. ("Bankrate" or "the Company") (NYSE: RATE). Such investors are advised to contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz at [email protected] or 212-697-6484.
Mar 10, 2016 07:52 am ET
Bankrate: Mortgage Rates Inch Higher
NEW YORK, March 10, 2016 /PRNewswire/ -- Mortgage rates inched slightly higher this week with the benchmark 30-year fixed inching higher to 3.87 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.17 discount and origination points.
Mar 08, 2016 08:00 am ET
Credit Unions More Than Twice As Likely As Banks to Offer Free Checking Accounts
NEW YORK, March 8, 2016 /PRNewswire/ -- Credit unions are more than twice as likely as banks to offer free checking accounts to new customers, according to a new Bankrate.com (NYSE: RATE) report. Bankrate surveyed the nation's 50 largest credit unions and found that 76% of their checking accounts are free– meaning no service fees or per transaction charges regardless of balance or activity. Only 37% of banks can say the same. In 2010, 78% of credit unions and 65% of banks offered free checking accounts to everyone.
Mar 03, 2016 09:30 am ET
Wallaby and The Points Guy Launch TPG To Go, Enabling Travelers To Easily Maximize Rewards Anytime, Anywhere
PASADENA, Calif., March 3, 2016 /PRNewswire/ -- Wallaby Financial Inc., the leader in mobile and web-based credit card optimization solutions, today announced the launch of TPG To Go 2.0 for iPhone. TPG To Go helps you maximize your travel by ensuring consumers have the knowledge to earn more rewards on every dollar they spend.
Mar 03, 2016 07:40 am ET
Bankrate: Mortgage Rates Show Slight Increase
NEW YORK, March 3, 2016 /PRNewswire/ -- Mortgage rates reversed course this week with the benchmark 30-year fixed inching higher to 3.82 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.18 discount and origination points.
Mar 01, 2016 08:35 am ET
Wyoming the Best State for Retirement, New York the Worst
NEW YORK, March 1, 2016 /PRNewswire/ -- Wyoming is the best state for retirement, according to a new Bankrate.com report. The study examined six key factors: cost of living, taxes, healthcare, weather, crime and residents' overall well-being. Click here for more information:
Feb 25, 2016 07:30 am ET
Bankrate: Mortgage Rates at 2nd-Lowest Point of 2016
NEW YORK, Feb. 25, 2016 /PRNewswire/ -- Mortgage rates reversed most of last week's move, falling back to the second-lowest point of 2016. The benchmark 30-year fixed mortgage rate is now 3.80 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.2 discount and origination points.
Feb 24, 2016 04:30 pm ET
Bankrate Produces Record Full-Year Results Despite Impact Of Google Compare Q4 Testing And Lower Deposit Advertising Revenue
NEW YORK, Feb. 24, 2016 /PRNewswire/ --
Feb 23, 2016 08:00 am ET
Only Half of Americans Have More Emergency Savings than Credit Card Debt
NEW YORK, Feb. 23, 2016 /PRNewswire/ -- Just over half of Americans have more emergency savings than credit card debt (52%), according to a new Bankrate.com (NYSE: RATE) report. The percentage stands the same as in 2011, reflecting zero progress over a time when the stock market surged and unemployment plummeted.
Feb 19, 2016 11:55 am ET
Bankrate Schedules Conference Call Announcing Fourth Quarter and Full Year 2015 Earnings
NEW YORK, Feb. 19, 2016 /PRNewswire/ -- Bankrate, Inc. (NYSE: RATE) announced today that it plans to hold a conference call on February 24, 2016 at 5:00 p.m. Eastern time to discuss the company's fourth quarter and full year 2015 financial results. The call will be led by Bankrate's President and Chief Executive Officer, Kenneth S. Esterow. Also participating in the call will be Steven D. Barnhart, Senior Vice President and Chief Financial Officer of Bankrate, Inc. A press release on the results for the quarter will be issued after the market closes on February 24th.
Feb 18, 2016 07:30 am ET
Bankrate: Mortgage Rates Post First Increase of 2016
NEW YORK, Feb. 18, 2016 /PRNewswire/ -- Mortgage rates rebounded after falling for six consecutive weeks, with the benchmark 30-year fixed mortgage rising to 3.85 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.19 discount and origination points.
Feb 11, 2016 01:30 pm ET
Wallaby's Chrome 2.0 Provides Seamless Access To Credit Card Advice in the Browser
PASADENA, Calif., Feb. 11, 2016 /PRNewswire/ -- Wallaby Financial Inc., the leader in mobile and webbased credit card optimization solutions, today announced the launch of Wallaby for Chrome 2.0. This update provides users with a new and improved user experience and makes it easier than ever for people to save money, earn rewards, and simplify their lives.
Feb 11, 2016 07:30 am ET
Bankrate: Mortgage Rates At Lowest Since May 2013
NEW YORK, Feb. 11, 2016 /PRNewswire/ -- Mortgage rates declined for the sixth consecutive week, with the benchmark 30-year fixed mortgage sliding to 3.78 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.20 discount and origination points.
Feb 09, 2016 08:00 am ET
Finances Are Preventing 45% of Non-Homeowners from Buying Homes
NEW YORK, Feb. 9, 2016 /PRNewswire/ -- Almost half of non-homeowners say their financial situation stands in their way of purchasing a home, according to a new Bankrate.com (NYSE: RATE) report. 29% say they can't afford a down payment and 16% say their credit isn't good enough to qualify for a mortgage. Click here for more information:
Feb 04, 2016 09:25 am ET
Bankrate: Mortgage Rates Fall For Fifth Consecutive Week
NEW YORK, Feb. 4, 2016 /PRNewswire/ -- Mortgage rates continued to decline this week, with the benchmark 30-year fixed mortgage sliding to 3.88 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.18 discount and origination points.
Jan 28, 2016 09:05 am ET
24 Million Americans Likely to Take Personal Loans This Year
NEW YORK, Jan. 28, 2016 /PRNewswire/ -- 24 million Americans are likely to take out a personal loan this year, according to a new Bankrate.com (NYSE: RATE) report, including 10 million who are very likely and 14 million who are somewhat likely.
Jan 28, 2016 07:30 am ET
Bankrate: Mortgage Rates Fall to a 3-Month Low
NEW YORK, Jan. 28, 2016 /PRNewswire/ -- Mortgage rates pulled back for a fourth week in a row, with the benchmark 30-year fixed mortgage sliding to 3.94 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.21 discount and origination points.
Jan 21, 2016 07:30 am ET
Bankrate: Mortgage Rates Drop Below 4 Percent
NEW YORK, Jan. 21, 2016 /PRNewswire/ -- Mortgage rates fell for a third week in a row, with the benchmark 30-year fixed mortgage dropping below the 4 percent threshold and landing at 3.98 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.21 discount and origination points.
Jan 20, 2016 08:30 am ET
41% of Americans Are Concerned About Rising Interest Rates in 2016
NEW YORK, Jan. 20, 2016 /PRNewswire/ -- More than 4-in-10 Americans (41%) admit they're concerned about rising interest rates in 2016, according to a new Bankrate.com (NYSE: RATE) report. Americans are most worried about how rising interest rates might affect their personal finance situation (18%) and what consequences may be for the economy/stock market (16%) in a rising rate environment.
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