Savings Rates Three Times the National Average Online
CALABASAS, CALIFORNIA – Both mortgage and savings rates alike continued to fall this week, according to Informa Research Services’ Interest Rate Review. With national average rates continuing this downward trend, Informa Research Services, a subsidiary of Informa plc (LSE: INF), advises consumers to look online to snag the best rates as soon as possible before they fall further (//www.monitorbankrates.com).
By using online resources such as MonitorBankRates.com, consumers can quickly locate the best savings and loan products available. Not only does this site offer consumers market insight and educational articles, but they also host a variety of product rate tables. These tables are very easy to use and don’t require any personal information from an interested consumer. Instead, all that needs to be entered is basic information (such as location) that may affect loan and savings product selection and availability.
The financial institutions featured on these tables frequently offer rates better than the current national average. For instance, American Express is offering a high-yield savings account that earns 1.30% annually with no fees and no minimum amount to earn this great APY. For comparison, the current national average on similar products is just 0.37% (Source: Informa Research Services, Interest Rate Review). By checking online rate tables on a regular basis, you can be sure you don’t miss out on great deals like this!
In addition to being convenient, these online tables also make comparison shopping for financial products easy. These tables lay out similar products from various financial institutions for quick comparison.
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