Discover Bank’s online savings account offering top rate!
Discover Bank High Yield Savings Account is still holding the top rate for online savings accounts and/or money market accounts. Currently if you open this account with Discover Bank you’ll be provided with an APY of 1.35%. To put this in perspective, the national average for these accounts is currently sitting at roughly 0.80% APY. Although this rate is variable (subject to change at anytime) it has remained the same for almost 3 months now. So if you’re in the market for a decent savings account and want to have easy access to your money, then you may want to look into this offer by Discover Bank.
Discover Bank Money Market Account Quick Facts and Features:
- Fast and Free Online Money Transfers
- 24/7 Customer Service
- Highest Yield on the Market!
- FDIC insurance up to $250,000
Terms and Conditions:
Assumes principal and interest remain on deposit and interest rate does not change for the selected time period.
- You may make up to six preauthorized transfers from your Online Savings Account per statement cycle, including automatic and telephone transfers.
Tags: Discover Bank
Harris Bank Mortgage Rates and Review(s)
Harris Bank, based out of Illinois, has some decent mortgage rates available on a wide range of mortgage products. They offer a complete array of standard mortgage products and may even be able to put together customized mortgage packages for certain individuals and families. Their mortgage product offerings include: 30 year fixed rate mortgages, 15 year fixed rate mortgages, 3 year adjustable rate mortgages, 5 year adjustable rate mortgages, 7 year adjustable rate mortgages, and 10 year adjustable rate mortgages (to name a few).
Harris Bank is one of the largest banks in the US with almost 300 offices throughout the country and nearly $27 million in deposits.
Mortgage Rates offered through Harris Bank:
(Rates accurate as of 9/02/2010. Visit harrisbank.com for updated rates)
- 30 year fixed rate mortgage with APR of 4.674%.
- 15 year fixed rate mortgage with APR of 4.083%.
- 3 year adjustable rate mortgage with APR of 3.197% on a 30 year term.
- 5 year adjustable rate mortgage with APR of 3.213% on a 30 year term.
- 7 year adjustable rate mortgage with APR of 3.299% on a 30 year term.
- 10 year adjustable rate mortgage with APR of 3.632% on a 30 year term.
Important Disclosures:
Rates are subject to change at anytime without notice. The rates listed are the current rates for a 60-day lock in period. Your loan’s final rate could vary based on the specific characteristics of your loan transaction including, but not limited to, the region where your loan is originated, any additional loans against your property, and your credit profile up to the time of closing.
Mortgage Rate Assumptions:
Loan amount of $180,000 on a $240,000 primary residence home in Chicago, Illinois.
Recent Mortgage Reviews:
US Bank Mortgage Rates and Review: featuring APRs under 5% as of Sept 2, 2010.
Total Mortgage Services Rates and Review: featuring APRs under 5% as of August 31, 2010.
Continental Airlines OnePass Plus Card Review (Chase Bank)
Chase Bank has just issued a new frequent flier credit card called the Continental Airlines OnePass® Plus Card. It comes with some pretty sweet airline perks if you happen to have excellent credit…
Continental Airlines OnePass Plus Card Features:
- Pay No Annual Fee the first year. That’s a savings of $85.
- Earn 25,000 bonus miles after your first purchase. That’s enough for a round-trip reward within the United States (excluding Hawaii)
- Earn an additional 5,000 bonus miles after your first purchase and when you add an authorized user within 2 months of your account opening
- Earn 10,000 bonus miles annually when you spend $25,000 on your Card
- First Checked Bag Free – With the OnePass® Plus Card, you and your companions on the same reservation don’t pay for your first checked bag when flying on Continental-operated flights. That can save a family of four up to $200 per round trip.
- Earn two miles for every $1 spent when you purchase tickets from Continental Airlines on your Card
- Earn one mile for every $1 in purchases charged on your Card
- Redeem Miles for Car and Hotel Rewards exclusively as a Cardmember.
US Bank Home Loans, Mortgage, Refinance Rates and Review(s)
US Bank has an extensive collection of mortgage products available to consumers throughout most of the country. Whether you’re looking for a new home loan or looking to refinance an existing home loan, US Bank will be able to tailor a mortgage package to fit your needs. They offer fixed rate mortgages, adjustable rate mortgages, FHA loans, VA loans, jumbo mortgages, reverse mortgages, and interest only mortgages. Their loan specialists may also be able to accommodate customized loan packages for certain customers as well.
US Bank, based out of Ohio, is one of the largest banks in the country with over 2,900 offices and $150 million (plus) in deposits. They are a publicly traded bank on the New York Stock Exchange (NYSE) under the symbol USB. They have a current market cap of almost $40 billion and were able to maintain a somewhat stable share value (relatively speaking) during the industry collapse of 2008. Their stock price currently trades in the low $20′s per share and dipped only briefly to below $10 in the Fall of 2008.
Home Loan, Refinance and Mortgage Rates offered through US Bank:
(Rates accurate as of 9/1/2010. Visit their mortgage center for updated rates and info)
- Conforming Fixed 30 Year Mortgage going for 4.564% APR.
- Conforming Fixed 20 Year Mortgage going for 4.463% APR.
- Conforming Fixed 15 Year Mortgage going for 3.985% APR.
- Conforming Fixed 10 Year Mortgage going for 3.908% APR.
- FHA Fixed 30 Year Mortgage going for 4.879% APR.
- FHA Fixed 15 Year Mortgage going for 4.565% APR.
- VA Fixed 30 Year Mortgage going for 4.846% APR.
- VA Fixed 15 Year Mortgage going for 4.594% APR.
- 5 year ARM going for 3.544% APR.
- 3 year ARM going for 3.628% APR.
- Jumbo 30 year fixed rate mortgage going for 4.903% APR.
- Jumbo 15 year fixed rate mortgage going for 4.385% APR.
Assumptions, Terms and Conditions:
Mortgage rates published on this page are the current rates for a single-family, primary residence based on a 90-day lock period and are subject to change without notice. In order to receive a guaranteed rate, you must have applied for an application through U.S. Bank and received a verbal confirmation from a loan officer that your desired rate is locked. Your guaranteed mortgage rate will depend on factors such as current market conditions, loan product, occupancy, property type and your credit profile. Minnesota residents must receive a written confirmation as required by Minnesota Statute 47.2061.
1. This statement of current loan terms and conditions is not an offer to enter into an interest rate or discount point agreement. Any such offer may be made only pursuant to subdivisions 3 and 4 of Minnesota Statutes Section 47.206.
Loan Product and APR Information
- Conforming rates are for loan amounts not exceeding $417,000 ($625,500 in AK and HI)
- Jumbo rates are for loan amounts exceeding $417,000 ($625,500 in AK and HI)
- Adjustable-rate loans and rates are subject to change during the loan term. That change can increase or decrease your monthly payment.
- Additional loan products, rates and lock periods are available.
Conforming Fixed, ARM
APR calculation assumes a $150,000 loan amount with a 20% down payment, estimated borrower paid finance charges of .75% of the loan amount plus discount and origination if applicable. If the down payment is less than 20%, mortgage insurance may be needed on the loan. This could increase the monthly payment and the APR.
Jumbo Fixed
APR calculation assumes a $500,000 loan amount with a 20% down payment, estimated borrower paid finance charges of .75% of the loan amount plus discount and origination if applicable. If the down payment is less than 20%, mortgage insurance may be needed on the loan. This could increase the monthly payment and the APR.
FHA Loans
Base loan amount assumed a 3.5% down payment. APR calculation assumes a $153,375 loan amount ($150,000 base loan amount plus $3,375 up-front mortgage insurance premium), estimated borrower paid finance charges of .75% of the loan amount, up-front mortgage insurance premium, monthly mortgage insurance, plus discount points and/or an origination fee may be charged, if applicable. The monthly principal and interest payment shown above does not include the FHA required monthly mortgage insurance payment.
VA Loans
Base loan amount assumed 100% financing. Actual loan amount assumed funding fee percentage based on veteran’s prior usage of entitlement. APR calculations assume a $154,950 loan amount ($150,000 base loan amount plus $4,950 VA Funding Fee), estimated borrower paid finance charges of .75% of the loan amount, VA Funding Fee, plus discount points and/or an origination fee may be charged, if applicable.
If you have experience in the home loan process with US Bank please share by leaving a comment!
Recent Mortgage Reviews:
Total Mortgage Services Review: Featuring APR’s below the national average (as of 8/2010).
E-Trade Mortgage Rates and Review: Featuring APR’s below 5% as of (8/2010).
E-Trade Mortgage Review(s) and Rates
Like many online banks in 2008, E-Trade got hit pretty hard by the industry collapse. You may even recall that earlier this year E-Trade sold its online savings accounts to Discover Bank to narrow it’s focus back to their basics – investing. However, according to an E-Trade spokesman, they are getting back into the mortgage game (kind of). TheStreet.com reported in March of 2009, that E*Trades re-emergence in the mortgage business is simply an outsource to PHH. They then cited the following:
“PHH Corp. of Mount Laurel, N.J. will take care of most aspects of the loan, including the processing, underwriting and servicing, while E*Trade will market the loans and help collect the necessary borrower information, E*Trade spokeswoman Pam Erickson said. ”
It also appears that E-Trade’s new mortgage center doesn’t really accommodate new home buyers as their products primarily consist of refinancing existing home loans.
Current Mortgage Rates provided by E-Trade:
(Rates as of 8/31/2010)
- 30 year fixed rate mortgage with APR of 4.419%.
- 15 year fixed rate mortgage with APR of 4.020%.
- 7 year ARM (adjustable rate mortgage) with APR of 3.396%
- 5 year ARM (adjustable rate mortgage) with APR of 3.268%.
- 7 year interest only mortgage with APR of 3.415%.
- 5 year interest only mortgage with APR of 3.270%.
5/1 ARM P&I 30yr Conf- Monthly Payment for the first 359 months will be $856.76 with a corresponding simple interest rate of 3.125%.Monthly Payment for the remaining 1 months will be $851.38 with a corresponding simple interest rate of 3.125%
10/1 ARM P&I 30yr Conf- The first 120 months will be at a payment of $926.24 with a corresponding simple interest rate of 3.75%, the next 239 months will be at a payment of $876.22 with a corresponding simple interest rate of 3.125% and the remaining 1 months will be at a payment of $874.11 with a corresponding simple interest rate of 3.125%
5/1 ARM IO(10) 30yr Conf- The first 120 months will be at a payment of $520.83 with a corresponding simple interest rate of 3.125%, the next 239 months will be at a payment of $1,121.76 with a corresponding simple interest rate of 3.125% and the remaining 1 months will be at a payment of $1,119.01 with a corresponding simple interest rate of 3.125%
10/1 ARM IO(10) 30yr Conf- The first 120 months will be at a payment of $645.83 with a corresponding simple interest rate of 3.875%, the next 239 months will be at a payment of $1,121.76 with a corresponding simple interest rate of 3.125% and the remaining 1 months will be at a payment of $1,119.01 with a corresponding simple interest rate of 3.125%
7/1 ARM P&I 30yr Conf- The first 84 months will be at a payment of $879.22 with a corresponding simple interest rate of 3.33%, the next 275 months will be at a payment of $861.19 with a corresponding simple interest rate of 3.125% and the remaining 1 months will be at a payment of $860.70 with a corresponding simple interest rate of 3.125%
7/1 ARM IO(10) 30yr Conf- The first 84 months will be at a payment of $576.67 with a corresponding simple interest rate of 3.46%, the next 36 months will be at a payment of $520.83 with a corresponding simple interest rate of 3.125%, the next 239 months will be at a payment of $1,121.76 with a corresponding simple interest rate of 3.125%, the remaining 1 months will be at a payment of $1,119.01 with a corresponding simple interest rate of 3.125%
3/1 ARM P&I 30yr Conf- The first 36 months will be at a payment of $933.06 with a corresponding simple interest rate of 3.81%, the next 323 months will be at a payment of $862.76 with a corresponding simple interest rate of 3.125% and the remaining 1 months will be at a payment of $859.07 with a corresponding simple interest rate of 3.125%
3/1 ARM IO(10) 30yr Conf- The first 36 months will be at a payment of $666.67 with a corresponding simple interest rate of 4%, the next 84 months will be at a payment of $520.83 with a corresponding simple interest rate of 3.125%, the next 239 months will be at a payment of $1,121.76 with a corresponding simple interest rate of 3.125%, the remaining 1 months will be at a payment of $1,119.01 with a corresponding simple interest rate of 3.125%
Visit Etrade’s Banking Center for more information and current rates.
Total Mortgage Services Review(s) and Rates
Total Mortgage Services, based out of Connecticut, claims to offer some of the lowest mortgage rates in the country. They offer an extensive range of mortgage products including – fixed rate mortgages, adjustable rate mortgages, home refinance mortgage loans, jumbo mortgage loans, FHA mortgage loans, reverse mortgages, no closing cost mortgages, and first time home buyer mortgages (to name a few). The APR’s on their home loans are often significantly below the national average.
According to Total Mortgage Services, they can offer better APRs on home loans because of their in-house underwriting, their advanced processing technology, and the sheer volume of the business they do. They claim to have access to the widest array of programs and the best possible rates available anywhere. In many states, they’re a broker and a lender, which means they have great flexibility in crafting and customizing a mortgage solution.
Current Mortgage Rates offered through Total Mortgage Services:
(Rates accurate as of 8/30/2010)
- 30 year fixed conventional mortgage advertising an APR of 4.323% with 2 points on loans under $417,000.
- 20 year fixed conventional mortgage advertising an APR of 4.273% with 2 points on loans under $417,000.
- 15 year fixed conventional mortgage advertising an APR of 3.972% with 2 points on loans under $417,000.
- 30 year fixed FHA mortgage advertising an APR of 5.178% with 2 points on loans under $417,000.
- 30 year fixed jumbo mortgage advertising an APR of 5.098% with 2 points.
- 15 year fixed jumbo mortgage advertising an APR of 4.349% with 2 points.
- 5/1 ARM conforming mortgage advertising an APR of 2.638% with 2 points on loans under $417,000.
- 5/1 ARM jumbo mortgage advertising an APR of 4.323% with 2 points.
- 1/1 ARM conforming mortgage advertising an APR of 4.078% with 0 points on loans under $417,000.
- 1/1 year ARM jumbo mortgage advertising an APR of 3.957% with 2 points on loans under $417,000.
Things to keep in mind before applying…
- The APR can vary among mortgage lenders. The most accurate way to determine an APR is to establish the current mortgage rate, loan amount and closing costs.
- No closing cost loans allow borrowers to include closing costs in the loan amount, preventing them from having to come up with the money all at once.
- Mortgage rates change daily, sometimes several times throughout the day. A mortgage professional can monitor current mortgage rates for you.
For current mortgage rates visit Total Mortgage Services.
Total Mortgage Services Terms and Conditions:
All rates shown are for 30 day rate locks. Longer locks available. The APR for conventional loan amounts is calculated using a loan amount of $417,000, 2 points, a $495 application fee, $400 appraisal fee, $715 underwriting fee and a $16 flood certification fee. The APR for jumbo loan amounts is calculated using a loan amount of $500,000, two points, a $495 application fee, $400 appraisal fee, $715 underwriting fee and a $16 flood certification fee. The APR for FHA loan amounts is calculated using a loan amount of $295,000, two points, a $495 application fee, $450 appraisal fee, $715 underwriting fee and a $16 flood certification fee. Some rates and fees may vary by state. All interest rates listed are for qualified applicants with 720 or higher FICO and 80 LTV and are subject to mortgage approval with full documentation of income. All rates are subject to change without notice.
Contact Info:
Total Mortgage Services, LLC
326 West Main Street Milford, CT 06460
Phone: 203.876.2200
CitiBusiness AAdvantage Visa Credit Card Review
The CitiBusiness® / AAdvantage® Visa® is a credit card essentially designed for businesses that have employees who need to travel regularly. The card is loaded with perks (esp for a business credit card) but almost all of them revolve around travel rewards.
With this card you’ll have the option to choose a MasterCard or Visa. The business expenses paid for with this card convert into AAdvantage bonus air miles and for every dollar you spend, an American Airlines mile is earned. If a ticket is purchased using the card, this reward is doubled. Also, if the first purchase is at least $250, the cardholder can earn an extra 20,000 points and purchases totaling at least $750 in the first four months translate to 25,000 bones miles.
CitiBusiness AAdvantage Credit Card Features:
- Earn 30,000 American Airlines AAdvantage® bonus miles after you make $750 in purchases within the first 4 months of becoming a cardmember*
- $75 annual fee waived for the first 12 months of cardmembership*
- Earn 1 American Airlines AAdvantage® mile for every $1 spent on purchases, and AAdvantage® miles may never expire*
- Earn American Airlines AAdvantage® miles faster from purchases made on your employee accounts*
- No blackout dates on AAdvantage® award travel on American Airlines, American Eagle and the AmericanConnection® carrier*
- Get a response to your online application in as little as 60 seconds
This card ranks within BankVibe.com’s top 5 credit cards for business.
PNC Bank Mortgage Rates and Review(s)
PNC Bank, based out of Pennsylvania, is one of the largest banks in the US. It has almost $85 million in deposits and roughly 1,157 offices throughout the country. PNC bank also offers a wide range of mortgage, home loan and refinancing products to their customers. They have fixed rate mortgages with 10, 15, 20 and 30 year terms as well as adjustable rate mortgages (ARMs), FHA loans, interest only mortgages, VA loans and jumbo mortgages. The APR’s on their fixed and adjustable rate mortgages currently sit below the national average. They have 2,400 branches and almost 6,500 ATMs in 15 states as well as the District of Columbia.
Current Mortgage Rates offered through PNC Bank:
(Rates accurate as of 8/27/2010) Visit their mortgage center here for updated rates.
Fixed Rate Mortgages:
- 10 year fixed rate mortgage going for between 3.912% APR and 4.024% APR depending on credit history.
- 15 year fixed rate mortgage going for between 3.992% APR and 4.306% APR depending on credit history.
- 20 year fixed rate mortgage going for between 4.430% APR and 4.808% APR depending on credit history.
- 30 year fixed rate mortgage going for between 4.453% APR and 4.815% APR depending on credit history.
Interest Only Mortgages:
- 3/1 interest only ARM going for between 3.306% APR and 4.368% APR depending on credit history.
- 5/1 interest only ARM going for between 3.351% APR and 4.514% APR depending on credit history.
- 7/1 interest only ARM going for between 3.484% APR and 3.756% APR depending on credit history.
- 10/1 interest only ARM going for between 3.981% APR and 4.489% APR depending on credit history.
Adjustable Rate Loans:
- 7/1 ARM going for between 3.420% APR and 3.737% APR depending on credit history.
- 10/1 ARM going for between 3.930% APR and 4.448% APR depending on credit history.
FHA Mortgages:
Contact for current rates. Benefits include:
- Higher maximum loan amounts
- Flexible credit and income requirements
- Ability to borrow up to 95% the value of your home
Jumbo Mortgages from PNC are offered to those looking for a loan greater than $417,000.
Above Loan Quote Assumptions:
Rates and payments quoted above are based on loans secured by property in the state of Ohio. Rates and payments, closing costs and points vary by property location, loan type and individual borrower credit and income characteristics. All rate quotes above are based on the following assumptions and are subject to change without notice:
- Purchase or rate and term refinance of a primary residence
- Property is a one unit single family dwelling
- Closing costs are paid out of pocket
- Debt-to-income ratio is below 40%
- Credit score is greater than 720
- Rates are valid for 45 day locks
- Loan-to-value ratio is less than 75%
- Up to 1 point of origination is charged. In addition to the origination discount points may also be charged
- You do not have a second mortgage
Recent Mortgage Reviews:
Nationwide Bank mortgage rates and reviews: featuring APRs under 5% as of 8/2010
Sovereign Bank mortgage rates and reviews: featuring APRs below the current national average (as of 8/2010)
Sovereign Bank Mortgage Rates and Review(s)
Sovereign Bank, based out of Pennsylvania, is currently offering mortgage rates and home loan refinance rates with APR’s below the national average. They have a wide range of home loan products – offering fixed rate mortgages, adjustable rate mortgages, FHA/VA mortgages, construction loans and reverse mortgages (to name a few). Their 30 year and 15 year fixed rate home loans both come with APR’s below 5.0%.
Sovereign Bank is one of the largest banks in the United States. They have nearly $50 million in deposits and just under 750 offices throughout the country.
Sovereign Bank’s Recent History:
Sovereign expanded into New England in 2000, and the New York area in 2006. The expansion into New England included approximately $12 billion in deposits, $8.1 billion in loans, 281 branches, and 550 ATMs from FleetBoston Financial, which was the largest branch acquisition in banking history. Today, Sovereign offers more than 750 branches and 2,300 ATMs from Maine to Maryland.
Mortgage Rates offered through Sovereign Bank:
(rates accurate as of 8/25/2010, visit their mortgage page for updated rates)
- 30 year fixed rate mortgage with interest rates ranging from 3.75% to 4.375% on home loans less than or equal to $417,000 and depending on point structure.
- 15 year fixed rate mortgage with interest rates ranging from 3.25% to 3.875% on home loans less than or equal to $417,000 and depending on point structure.
Sovereign Bank Mortgage Benefits and Features:
- Online mortgage tools and planning
- Low down payment loans
- Reverse Mortgages
- Loans for as little as $15,000
- FHA/VA mortgages
- Pre-qualifications
- Fast approvals
- Zero points
- Construction loans
- Flexible terms available
Terms and Conditions:
Rates are subject to the borrower meeting minimum credit score and loan-to-value requirements.Sovereign Bank offers a diverse menu of conventional, jumbo, FHA/VA, fixed and adjustable rate mortgage products. The above rates are limited to properties located in Pennsylvania, New Jersey, New York, Delaware, Massachusetts, Connecticut, New Hampshire, and Rhode Island.
APRs are calculated assuming a property located in Massachusetts with a 30% down payment. It is also assumed that the loan is closing on the last day of the month. Based on a $100,000 mortgage loan of 30 or 15 years with a corresponding APR of 8.00% or 7.50%, you would make either 360 or 180 monthly payments of $733.76 or $927.01, respectively.
Recent Mortgage Reviews:
Vision Bank mortgage rates and reviews – featuring APR’s under 5% as of 8/2010
Fifth Third Bank mortgage rates and reviews – featuring APR’s below the national average
American Bank Mortgage Rates and Review (Texas)
American Bank of Texas offers a wide range of mortgage products for those looking to refinance a home loan or obtain a mortgage for a new home. They offer both adjustable rate mortgage as well as fixed rate mortgages and currently provide some of the lowest mortgage rates in Texas.
Types of Home Loans and Mortgages you’ll find at American Bank of Texas:
- Fixed Rate Loans: As of August 2010, American Bank of Texas has a 30 year fixed rate mortgage with an interest rate of 4.375% on loans under $417,000 with a down payment of 20%. They also have a 15 year fixed rate mortgage with an interest rate of 3.875% on loans under $417k with 20% down. The current national average for thirty year fixed rate mortgages and fifteen year fixed rate mortgages is 4.36% APR and 3.87% APR, respectively.
- Adjustable Rate Loans: American bank of Texas offers a wide range of ARM products – 15/1 ARMs, 10/1 ARMs, 7/1 ARMs, 5/1 ARMs, and 3/1 ARMs.
- Interest only Mortgages
- Mortgages for vacation homes or second homes
- Investment Property Mortgages
- Cash Out Refinance
- Texas Home Equity
- Jumbo Home Loans
- FHA Loans (will soon be available as well)
American Bank of Texas has 16 locations throughout central Texas. They can accommodate your banking needs if you reside in Austin, Roundrock, Killeen, Temple, Georgetown, San Antonio, and Victoria, Texas (among other cities).
