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Weather the Storm: Get the Best Rates, Says Informa Research Services

^{Published on 2010-01-08 16:40:18 - Market Wire}
 

CALABASAS, CA--(Marketwire - January 8, 2010) - Rain, snow, and below freezing temperatures are plaguing many parts of the country right now, but that is no reason for consumers to neglect their finances. Informa Research Services, a subsidiary of Informa plc (LSE: INF), suggests consumers use online resources such as [ Yahoo! Real Estate ] and [ Interest Matters ] to shop for the best rates for their loans and savings products without even stepping outside the door ([ http://realestate.yahoo.com/loans ], [ http://www.interestmatters.com/save/ ]).

Mortgage

Looking online can help consumers find rates well below the national average, which currently stands at a low 5.33% for a 30-year fixed mortgage according to Informa Research Services' weekly rate survey. For instance, [ AimLoan.com ] currently offers a 30-year fixed mortgage at 4.875%; this rate drops as low as 4.500% when paying points.

For some homeowners, now may be a good time to think about refinancing a current home loan. Lenders, such as [ Bank of America ], are offering competitive mortgage refinance rates. Consumers should [ check online rate tables ] to find the best deal available in their neighborhood.

Savings

Savings accounts today may not offer high rates like they did ten years ago, however, that doesn't mean consumers should not look for the best rate available. Check out the rate tables on [ Interest Matters ] to quickly compare and locate the savings product with the highest interest earning rate!

Even if the weather is less than desirable outside, there's no reason consumers shouldn't use their time indoors to find financial products that will help their wallets see sunnier days!

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About Informa Research Services, Inc. ([ www.informars.com ])

Since 1983, Informa Research Services, Inc., has provided the financial industry's most extensive array of market research, mystery shop, and decision-support information.