interest rates

Interest rates are rates at which interest is paid on borrowed money.

The customer of a bank, for example, can be a borrower and the bank would be the lender, but it could go the other way such as the case with a savings account. With a savings account, the bank pays interest to the customer at a specified rate.

Interest rates are normally expressed as a percentage rate over the period of one year.

Lenders sometimes charge ridiculously high interest rates to desperate borrowers. In some states in the U.S. the government has intervened and put caps on interest rates when borrowing from lenders who offer products/services such as payday loans or instant cash advances, among others.

You'll find bloggers talking about interest rates at sites like CreditCards.com and DepositAccounts.com.

by RawMichelle Are you a writer, passionate about this or any other topic? Join Blogcritics!

Original Technorati articles tagged “interest rates”

• in Finance
  Deferred Interest Plans Poised to Increase Cost of Holiday Financing 2,700%
  The dangers of deferred interest.
  by cardhub / on Nov 20, 2012
• in Business
  Latest Look at Credit Card Landscape Reveals Better Offers, Looming Danger
  Credit trends reveal short-term benefits for consumers as well as an ominous forecast for the future.
  by cardhub / on Aug 3, 2012
• in Finance
  Administration, GOP Leaders Debate Interest Rates
  The attacks between GOP leaders and the administration is escalating.
  by moneyforcollege333 / on Jun 22, 2012

Latest blogosphere posts tagged “interest rates”

 

• Moody’s warns the US sovereign credit rating remains vulnerable to downgrade if projected rise in debt levels is not addressed

  
  — Authority:
  Tweet By Kymberly Martin NZ yields closed up 5-8bps across the curve, following the offshore lead. NZ 2-year swap closed up 5bps, at 2.89%, still within the fairly tight range it has traded for the past ...
  2 days ago

• Is Ben Bernanke’s Bazooka Brigade Running Out of Ammo?

  
  — Authority:
  The Federal Reserve will meet to debate policy on June 18 and 19 under the full scrutiny of U.S. market participants. Analysts and investors won’t receive the minutes from the meeting for three weeks — the standard lag time — but observers have a good idea about what the Federal Open Market Committee will be ...
  2 days ago

• Britain is booming? FTSE reaches 12-year high as record looms

  
  The Guardian - guardian.co.uk — Authority: 986
  Index rises to levels last seen before dotcom bubble burst, fuelled by a relatively calm eurozone, QE, low interest rates and rising confidence in Japan Shares in London have reached levels last seen at the height of the dotcom boom nearly 13 years ago. At a close of 6,755 points, the FTSE 100 blue chip index ...
  2 days ago

• What Wal-Mart’s Same-Store Sales Say About the Economy

  
  — Authority:
  Wal-Mart Stores, Inc. (NYSE/WMT), the biggest retailer in the U.S., just reported its second-quarter same-store sales declined 1.4%. As a reader of Profit Confidential , this should come as no surprise to you. Consumer spending in the U.S. economy is bleak; it doesn’t seem to be improving, and it’s nowhere near ...
  2 days ago

• Gillibrand’s Student Loan Proposal Follows Warren’s Lead

  
  — Authority:
  Sen. Kirsten Gillibrand, D-N.Y., has proposed legislation that would allow holders of student debt to refinance their loans at lower interest rates, a move that could save tens of millions of borrowers a combined $14.5 billion in the first year. Under the plan, government loans with interest rates above 4 percent ...
  2 days ago

• Washington Signals Dollar Deep Concerns

  
  — Authority:
  lewrockwell.com / By Paul Craig Roberts / May 20, 2013 Over the past month there has been a statistically improbable concurrence of events that can only be explained as a conspiracy to protect the dollar from the Federal Reserve’s policy of Quantitative Easing (QE). Quantitative Easing is the term given to the ...
  2 days ago

• The Most Dangerous Country In Europe

  
  — Authority:
  zerohedge.com / By Mark Grant / May 20, 2013, 08:25 -0400 Submitted by Mark Grant, author of Out of the Box, One of the primary focuses of “Out of the Box” is on where you might get hurt and, more importantly, seriously hurt. “Preservation of Capital,” the first ten rules of my thinking, has reached ...
  2 days ago

• World stocks rise on signs of steady US recovery

  
  heave-ho.org — Authority: 159
  BANGKOK (AP) — Evidence of a steady economic recovery in the U.S. helped push world stock markets higher Monday. A gauge of future economic activity issued Friday rose more than expected, a sign that the world’s biggest economy is improving. Consumer confidence also rose, offsetting several lackluster reports on ...
  2 days ago

• Lowest Car Loan Rates on Ford Figo, Ford Fiesta Classic

  
  — Authority:
  Which Bank or Financial Institution NBFC offers lowest Interest Rate on Ford Figo and Ford Fiesta Classic Models in India.
  2 days ago

• Are US Banks Playing with Fire in the Commercial Loan Market?

  
  — Authority:
  As interest rates remain historically low, the biggest U.S. banks are seeing the need to increase the volume of lending to businesses. The dramatic uptick in commercial and industrial loans is adding significant risks for banks that have with fire in the past and gotten burned. Regulators are aiming to tighten ...
  2 days ago

• How to Find the Best Deal for your New Property Loan

  
  Best Finance — Authority: 136
  The decision to purchase a house, particularly if its your first, is going to be one of the most important decisions youll ever make within your entire life. Considering that the contentment and comfort of your life is going to be substantially impacted by this particular decision of yours, youll want to get the best ...
  2 days ago

• Asian stocks rise on signs of steady US recovery

  
  heave-ho.org — Authority: 159
  BANGKOK (AP) — Evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher Monday. A gauge of future economic activity issued Friday rose more than expected, a sign that the world’s biggest economy is improving. Consumer confidence also rose, offsetting several lackluster reports on ...
  2 days ago

• Keiser Report: Whimsical Price Tyranny

  
  — Authority:
    In this episode of the Keiser Report, Max Keiser and Stacy Herbert examine stories about those who, using spoof trades, bogus securities and fictitious capital, steal real wealth and income. They discuss how it is that every benchmark index is rigged and introduce the concept of the ‘bonus benchmark.’ In the ...
  3 days ago

• Interest rates on credit cards hit highest point in 13 years

  
  — Authority:
  Interest rates on credit cards have hit a 13-year high. Image: MoneyBlogNewz/Flickr.com/CC-BY The interest rates charged on credit cards have recently reached a 13-year high. Since legislation has changed the rules about how interest can be charged, card companies are raising the base rates to make up lost ground. ...
  1 week ago

• Here’s How to Save Your 401k From Getting Wiped Out

  
  — Authority:
  The recession threw a huge wrench in the American retirement plan. Defined-benefit pensions have never been as widespread as commonly believed. After hitting a high of 112,000 private-sector pension plans in the 1980s, that level has now dropped close to 30,000. In particular, government action has served to ...
  1 week ago

• Monetary Policy Week in Review – May 11, 2013: 8 banks cut rates by 550 bps as BOJ easing ripples through world

  
  — Authority:
      Last week 16 central banks took policy decisions with a record eight banks cutting rates by a total of 550 basis points as the Bank of Japan’s (BOJ) monetary easing looks to become a watershed event in global monetary policy by opening a new front in the currency wars.     Only weeks after the Group of 20 ...
  1 week ago

• David Rosenberg: "When They Say Unemployment Rate, They Mean The S&P 500"

  
  ZeroHedge — Authority: 722
  Last weeks plunge in wholesale sales (and "completely involuntary" surge in inventories) has Gluskin Sheffs David Rosenberg greatly concerned that current quarter real GDP will be very close to stall speed. However, as he notes, " either Mr. Market has yet to figure this out or simply doesnt care any more because of ...
  1 week ago

• RBA Rate Cut Makes Week Bad for Aussie

  
  — Authority:
  This was definitely not good for the Australian dollar as the nation’s central bank unexpectedly reduced its interest rates and hinted that more rate cuts are possible.(...) Read the rest of RBA Rate Cut Makes Week Bad for Aussie (102 words) Posted on Forex News .
  1 week ago

• How Long Can You Lock in Low Interest Rates?

  
  — Authority:
  With interest rates and home prices still at historic lows, the market for new homes in Atlanta is still conducive to buying. However, record low inventory levels of both new homes and resale properties means that prices will be going up at a much faster rate than we’ve been experiencing.If you’re looking to buy a ...
  1 week ago

• The Saturday Economist, base rates on hold, trade no aid to the UK economy

  
  jka on economics UK — Authority: 123
  Economics news – rates on hold, manufacturing and trade figures disappoint, Economics news – Base rates Base rates were left on hold this week and QE spending was held at £375 billion. Real rates adjusted for inflation, are minus 2.3%. Factor in QE allegedly worth a further 4% in rate cuts and ...
  1 week ago

Comments about interest rates