Bankrate News

Bankrate: Mortgage Rates at New Record Lows

NEW YORK, May 31, 2012 /PRNewswire/ -- This week brought yet another record low in mortgage rates, with the average 30-year fixed mortgage rate falling to the record low of 3.94 percent according to Bankrate.com's ...

Money market fund assets rise to $2.564 trillion

Total U.S. money market mutual fund assets rose by $1.26 billion to $2.564 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.Assets of the nation's retail money ...

Bankrate: Mortgage Rates Hold at Record Lows

NEW YORK, May 24, 2012 /PRNewswire/ -- Mortgage rates were little changed, remaining at record low levels. The average rate on the benchmark 30-year fixed mortgage rate was unchanged at the record low ...

On The Fly: Analyst Downgrade Summary

Bankrate.com Identifies Group of High-Yield Checking Accounts That Collectively Yields More Than 34 Times the National Average

NEW YORK, May 23, 2012 /PRNewswire/ -- Bankrate.com's (NYSE: RATE) 2012 High-Yield Checking Survey found that the average APY for high-yield checking accounts is 2.05%, more than 34 times the current national ...

59% of Americans Have Cut Spending in 2012 Due to High Gas Prices

NEW YORK, May 21, 2012 /PRNewswire/ -- Nearly six in ten Americans (59%) have cut back on non-essential spending since the beginning of 2012 due to high gasoline prices, according to new research released ...

BANKRATE, INC. Financials

Benzinga's Top Downgrades With Color for May 18, 2012

On The Fly: Analyst Downgrade Summary

Bankrate: Goldman Cuts To Neutral

Goldman Sachs analyst Heath Terry this morning cut his rating on the banking information site Bankrate to Neutral from Buy. He maintains his $25 target on the stock, which closed Thursday at $19.34. "Though there are essentially no changes to our outlook for the company or our estimates, relative price moves [...]

UPDATE: Goldman Sachs Downgrades Bankrate to Neutral on Risk/Reward

Goldman Sachs Downgrades Bankrate (RATE) to Neutral

Money market fund assets fall to $2.569 trillion

Total U.S. money market mutual fund assets fell by $5.35 billion to $2.563 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.Assets of the nation's retail money ...

4 (And A Half) Internet IPOs Yielding Top Returns

4 (And A Half) Internet IPOs Yielding Top Returns

Bankrate: Mortgage Rates Set 4th New Record in a Row

NEW YORK, May 16, 2012 /PRNewswire/ -- Mortgage rates fell for the seventh time in the past eight weeks and set a new record for the fourth consecutive week. The average rate on the benchmark 30-year fixed ...