Bankratesauthority.com is a serious effort to make people understand more about how to get best bank rates:  saving account rates, cd rates, mortgage rates, etc.  It also tries to give Retirement Saving Tips.

Latest News………

Bank CD Interest Rates Expected to Continue Dropping

According to Main Street, “there’s no bigger certainty in life right now than Bank CD rates going downward.” A mix of tight interest rates from the Fed, joblessness and a deepening federal deficit make locking in favorable Cd rates now highly prudent.

FDIC Reserves Right to Change CD Interest Rates after Banks Fail

When the FDIC or other banks acquire certificate of deposit accounts from failed institutions, they commonly reduce the above-market cd rates, much to the chagrin of consumers who thought they were locking in favorable interest rates. However, U.S. Bank promises not to lower cd interest rates on acquired San Diego National Bank accounts.

Consumers Seeking the Best Bank Savings Rates Often Tricked by Sponsored Ads

The NY Times said that a finding high interest savings rate is now “trickier than ever” thanks to bait-and-switch tactics. Even the “old faithful” of savings rate comparison sites – such as Bankrate.com and MoneyRates.com – are rife with sponsored links and don’t link to banks that aren’t advertisers.

Mortgage Interest Rate Relief Moving Too Slowly for Some

The Loan Modification Program, the much needed bailout for those facing foreclosure, has good intentions to help consumers get better bank interest rates and loan terms, but many homeowners are haplessly mired in red tape.

Savings Rates from ING Direct May Continue to Slip After EU Pressure

ING Direct, a brand once synonymous with the best savings rates available for online high yield savings accounts, has heeded the European Commission’s orders by announcing its intentions to sell its U.S. online banking arm (which holds about $90 billion in American deposits). Many observers of bank interest rates wonder who will fill the gap when ING direct closes.

Boost Your Retirement Income by Applying for Spousal Benefits

According to AARP magazine, there’s about $10.1 billion worth of benefits that retirees miss out on simply because they don’t know about it. For example, one couple can receive an extra $1,000 a month, just by applying for spousal benefits at the right time.

For additional information or latest updates about bank cd rates, you can visit our News section or contact us for more details.