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Latest Bankrate Stories

2014-09-15 08:25:10

Announces SEC Investigation Relating to 2012 Financial Reporting NEW YORK, Sept. 15, 2014 /PRNewswire/ -- Bankrate, Inc. (NYSE: RATE) today announced the appointment of Steven D. Barnhart, as interim Chief Financial Officer, effective immediately. He succeeds Edward J. DiMaria, Senior Vice President and Bankrate's current Chief Financial Officer. Mr. Barnhart was most recently Senior Vice President and Chief Financial Officer of Sears Hometown and Outlet Stores. Prior to that,...

2014-09-11 08:25:11

NEW YORK, Sept. 11, 2014 /PRNewswire/ -- Mortgage rates showed a minor increase this week, with the benchmark 30-year fixed mortgage rate nosing higher to 4.27 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.30 discount and origination points. http://photos.prnewswire.com/prnvar/20130805/FL58072LOGO To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages/. The average 15-year fixed mortgage rate...

2014-09-11 08:21:13

Motor City Expensive Due to Unlimited Personal Injury Protection, Many Uninsured Motorists SAN FRANCISCO, Sept. 11, 2014 /PRNewswire/ -- Detroit has the most expensive car insurance and Charlotte has the cheapest, according to a new insuranceQuotes.com examination of average premiums in the 25 largest U.S. metropolitan areas. In the Detroit metro area, drivers pay a whopping 165% more than the national average for car insurance. The next most expensive metros are New York City (36%...

2014-09-08 08:26:22

Millennials Least Likely to Pay Balances in Full NEW YORK, Sept. 8, 2014 /PRNewswire/ -- More than six in 10 millennials (63%) do not have a credit card, according to a new Bankrate.com (NYSE: RATE) report. Comparatively, only 35 percent of adults 30 and over have zero credit cards in their wallets. http://photos.prnewswire.com/prnvar/20130805/FL58072LOGO Millennials are the least likely of any age group to pay their balances in full each month. Only 40% of millennials pay their...

2014-09-04 08:37:20

Lower Income Households Fare Worse NEW YORK, Sept. 4, 2014 /PRNewswire/ -- Twenty Five percent of Americans say they currently have more medical debt than emergency savings, according to a new Bankrate.com (NYSE: RATE) report. This number nearly doubles (44%) among those earning less than $30,000 per year. Furthermore, people who do not currently have medical debt are concerned about it. Over half of Americans (55%) are worried they will find themselves overwhelmed by medical debt...

2014-08-21 08:25:29

NEW YORK, Aug. 21, 2014 /PRNewswire/ -- Mortgage rates moved lower for a second consecutive week, hitting a 14-month low. The benchmark 30-year fixed mortgage rate fell to 4.24 percent, and has an average of 0.28 discount and origination points according to Bankrate.com's weekly national survey. http://photos.prnewswire.com/prnvar/20130805/FL58072LOGO To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages/. The average 15-year fixed mortgage rate moved...

2014-08-18 08:26:07

But At Least Those Who Are Saving Are Starting Earlier NEW YORK, Aug. 18, 2014 /PRNewswire/ -- Over a third of all Americans (36%) have not saved any money for retirement, according to a new Bankrate.com (NYSE: RATE) report. Sixty-nine percent of 18-29 year-olds haven't saved anything, along with 33% of 30-49 year-olds, 26% of 50-64 year-olds and 14% of people 65 and older. http://photos.prnewswire.com/prnvar/20130805/FL58072LOGO The good news is that Americans who are saving are starting...

2014-08-11 08:21:50

NEW YORK, Aug. 11, 2014 /PRNewswire/ -- Wyoming is the most expensive state to operate a motor vehicle and Iowa is the cheapest, according to a new Bankrate.com (NYSE: RATE) report. Bankrate factored in the annual costs of gasoline, insurance and repairs. In Wyoming, a typical driver spends $2,705 per year to operate his or her vehicle. In Iowa, the average driver spends just $1,942 per year. The national average is $2,223. http://photos.prnewswire.com/prnvar/20130805/FL58072LOGO...

2014-08-06 08:27:29

Higher Health Insurance Costs Another Major Concern NEW YORK, Aug. 6, 2014 /PRNewswire/ -- Most Americans (56%) are not confident that the Obamacare health exchanges will operate smoothly during this fall's open enrollment period, according to a new Bankrate.com (NYSE: RATE) report. Thirty-two percent are "not at all confident" (the most common response) and another 24% are "not too confident." http://photos.prnewswire.com/prnvar/20130805/FL58072LOGO Fewer than two in five people...

2014-07-31 08:30:00

NEW YORK, July 31, 2014 /PRNewswire/ -- Mortgage rates were little changed this week, extending the recent trend. The benchmark 30-year fixed mortgage rate held at 4.28 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. http://photos.prnewswire.com/prnvar/20130805/FL58072LOGO To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages/. The average 15-year...


Word of the Day
malpais
  • The ragged surface of a lava-flow.
'Malpais' translates from Spanish as 'bad land.'