Tag Archives: interest rate

Where can I find average annual interest rate data for Home Equity Loans?

I am looking for data on the average annual interest rate of Home Equity Loans. From 1970-current would be ideal. Do you know where I can find this data. Thank you.

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How can I determine current interest rates? Can I drop my current mortgage officer now?

If a mortgage expert gave me an interest rate based on a good faith estimate, and that interest rate doesn’t match what I have heard (I have extra great credit scores), should I shop around? How can I determine current … Continue reading

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Lab 4 Question 3 – Finanace question regarding effective monthly rate and effective annual rate- please read?

Lab 4 Question 3 – Finanace question regarding effective monthly rate and effective annual rate- please read? Below is the question- I just cant seem to figure out how to show for the rates given below as solution using a … Continue reading

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Will opening up a new credit account lower my credit score??

I’m working on improving my credit score since I filed bankruptcy two years ago. I was told to open up a couple of credit cards. I just opened up a Lowe’s credit card a week ago. As soon as I … Continue reading

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How do you figure out the APR on credit cards that have multiple interest rates?

I have a credit card that has various rates for different transactions. For example, Purchases are 29.99%, Promotions could be 9.99% or 4.99% and there are different balances on all of them. The credit card company comes back with an … Continue reading

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Do you think the Central bank will drop interest rates on Sept 18 and by how much?

How do you think it will affect 30-year mortgage rates. I need to lock my interest rate on or before Sept. 18. Should I do it before Sept. 18 or wait and see what happends on that day. Thank you.

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Lab 4 Question 3 – Finanace question regarding effective monthly rate and effective annual rate- please read?

Below is the question- I just cant seem to figure out how to show for the rates given below as solution using a BA II calculator or any other financial calculator. Does anyone know how to solve for the rates … Continue reading

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What is the best Visa Credit Card to get that includes rewards and cash back with low interest rates?

I have a low interest rate credit card through my University, however it offers no cash back or rewards program. I am solely looking for a good VISA,not anything else, rewards or cash back program that doesn’t get carried away … Continue reading

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Lab 4 Question 3 – Finanace question regarding effective monthly rate and effective annual rate- please read?

Below is the question- I just cant seem to figure out how to show for the rates given below as solution using a BA II calculator or any other financial calculator. Does anyone know how to solve for the rates … Continue reading

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June 2008: Is there ANY scenario in which home loan interest rates drop?

Quoted VA 5.875, buy down to 4.875 for 5.125 points, buy down to 4.5 would cost 8.75 (!!!!!). Don’t REALLY want to plunk down most of our free cash for a break even 5 – 6 years out. Any reason … Continue reading

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