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.

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Original Technorati articles tagged “interest rates”

• in Business
  Federal Reserve: Low Rates Until Late 2014
  Ben Bernanke suggests that the economy will not improve for at least 2 years.
  by stephengfm / on Jan 25, 2012
• in Finance
  Building a Real Estate Portfolio
  Strategies & Considerations in Building Real Estate Investments
  by FSREI / on Sep 8, 2011
• in Finance
  Why Do You Think INDIA Can’t Control Its Inflation?
  It may sound bizarre, but when it comes to global movement of capital, money tends to behave like water in a Tsunami, in which it defies gravity and ends up flowing to higher grounds.
  by forgevalley / on Jul 27, 2011

Latest blogosphere posts tagged “interest rates”

 

• Mortgage Inquiries Slide Ahead of Holiday

  
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  Fewer pricing inquiries were pulled by mortgage loan originators ahead of the Memorial Day weekend despite new record-low interest rates. But home purchase financing and government-insured activity held steady. A 6 percent decline in new activity from last week left the U.S. Mortgage Market Index from Mortech Inc. ...
  2 hours ago

• Greece Has Proved That the ECB Bailout Scheme is Based On Nothing But Lies and Fraud

  
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  by Phoenix Capital Research   I’ve assess the significance of the Greek elections in an earlier article.   However, there is one final element to Greece’s current predicament that is even more important than any of the above items. That element is the following:   The Second Greek Bailout has proven to ...
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• How To Pay Off Credit Card Debt

  
  Finances Blog — Authority: 137
  Do-It-Yourself Pay Off Method If you do not want to change anything about your current credit arrangements or if your creditors will not allow you to change anything, here is a strategy you might use to your benefit.First of all, you need to find as much money as possible to devote to debt reduction each month. To ...
  1 day ago

• Calmer Tone Ahead of the Weekend

  
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  A nervous and fragile calm has settled over the global capital markets.   The dollar has been thus far confined to yesterdays ranges against sterling and the euro, and attempts to push the dollar higher faltered against the yen and Swiss franc, leaving the greenback is narrowly mixed on the day.  European equities ...
  2 days ago

• 30-Year Establishes New Record as Volatility Lurks

  
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  Fixed mortgage rates were little changed from their record-low levels, though the long-term mortgage did set a new record. Interest rates are poised to maintain their current lows, but a looming European sovereign debt crisis remains a lingering threat to global financial markets. It was another new low for the ...
  2 days ago

• Brevan Adds Morgan Stanley Rates Trader Adams

  
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  Morgan Stanleys top Antipodean interest rates trader has joined Brevan Howard Asset Management. read more
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• Several Facts To Help People With Regards To Understanding Credit Card APRs

  
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  It should come as no surprise when I say that credit card accounts are extremely popular amongst people. When it comes down to it, studies show that the vast majority of Americans that qualify for credit card accounts not only have one or more but use them on a regular basis. What is a surprise is that many of these ...
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• Next 5-10 years make or break for NZ economy, ANZ chief economist Bagrie says; Urges govt to turn attention to natural resources, renewables potential

  
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• Look – a new book by Peter Schiff!!

  
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  Peter Schiff: The Real Crash http://marketplayground.com/2012/05/…he-real-crash/ I first came to national attention back in 2008 and 2009 when the housing and credit markets imploded. I became known as the guy that other market “experts” laughed at when I warned of trouble brewing in the seemingly ...
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• windows have fun with the fresh

  
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  Tag cloud: 134 khz rfid target audience, rfid target audience wireless bluetooth, pursuing outdoorsA Several Ideas on Soil Time 2012 By means of: Rob Farris | Apr interest rates 22nd 2012 — Precisely what is your legitimate connection to the environment? Of course, after we reached the earth. Adam in addition to ...
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• As Deadline Nears, Dueling Student Loan Bills Stall in Senate

  
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  Despite agreeing that low federal student loan interest rates should be extended, Democrats and Republicans have not been able to come together to do so. On Thursday, the Senate rejected two competing plans that would have kept student loan rates from doubling to 6.8 percent on July 1. The issue: Neither side can ...
  2 days ago

• BNZ not expecting NZ Govt Stock issuance to be ramped up given historically low yields

  
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  Tweet By Kymberly Martin It was a quiet day in NZ markets on Budget day. There was little response yesterday in swap markets to the release of the ‘zero’ Budget. Yields closed little changed with ...
  2 days ago

• Mortgage Interest Rates Hit Fresh Lows: 30-Year Mortgage From 3.79 Percent

  
  All Time Finance — Authority: 143
  The standard fixed rate 30-year mortgage loan fell to 3.79% this week, yet a further historical low, based on details by Freddie Mac. That’s down from 3.83% the week prior, and also marks the third consecutive week of fresh lows. The 15-year rate moved just slightly lower to 3.04%, from 3.05%. This reduction is ...
  2 days ago

• JPMorgan Chase or Chase JPMorgan?

  
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  Poll voters want increased government regs on big banks.
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• The IMF, QE, Credit Easing and SME bonds,

  
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  Do we really need the Bank to buy any more gilts? This week Christine Lagarde and the IMF passed verdict on UK economy : With inflation well anchored, the United Kingdom has room to cut interest rates and embark on a further injection of money into the economy by the purchase of assets, ie more quantitative easing. ...
  2 days ago

• U.S. bank earnings rose this winter to 5-year high

  
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  WASHINGTON — U.S. bank earnings rose in the first three months of the year to the highest level in nearly five years and the number of troubled banks fell for the fourth straight quarter. The mostly positive first-quarter earnings released Thursday illustrate how far the banking industry has come since the 2008 ...
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• Current Savings Account Rates May 24, 2012

  
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  Savings account rates remain very low and will remain low until 2015 thanks to the Fed’s zero percent monetary policy. Current savings rates are averaging 0.53 percent for account balances of at least $10,000. There are banks offering savings interest rates higher than the average. Right now on our savings rate ...
  2 days ago

• What College Graduates Really Need: A Job

  
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  Today, the Senate is once again slated to take up the issue of college loan interest rates. President Obama has made this issue a big deal, touring college campuses to herald the absolute necessity of keeping student loan rates artificially low instead of letting what was supposed to be a temporary reduction expire. ...
  2 days ago

• Record Low Mortgage Rates Hold Steady Today

  
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  Record low fixed conforming  mortgage rates held steady in this week’s Primary Mortgage Market Survey released by Freddie Mac this morning. Bond yields haven’t moved much the past week which is why mortgage rates barely changed. Current mortgage rates today on 30 year conforming home loans are at a new all-time ...
  2 days ago

• GPF interest rate raised to 8.8 percent

  
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  New Delhi, May 24 (IANS) The government Thursday said deposits under the General Provident Fund (GPF) will attract 8.8 percent interest in 2012-13 against 8.6 percent in the previous year.“The government of India has revised the interest rates for the financial year 2012-13 in respect of state provident funds and ...
  2 days ago

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