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Revamped MoneyRates.com Offers Features to Help Consumers Pay Less Mortgage and Earn More Savings

June 08, 2009

FOSTER CITY, CA (PRWeb) May 28, 2009 -- MoneyRates.com -- a leading source of information on CD rates, money market accounts, savings accounts, checking accounts and other investment topics since 1999 -- has been revamped with new and improved features to help consumers make sound financial choices. The site's upgrades come at a time when the economy demands smart decision-making, a practice that requires quality research, the right tools and solid advice from seasoned professionals.

To provide consumers with a wider range of financial data, MoneyRates.com routinely checks rates from over 200 banks nationwide. The site then compiles the top 50 - 60 rates into one comprehensive, easy-to-read list, which visitors can access using the new "see all rates" link. This extensive search allows MoneyRates.com to find higher rates than those reported on other finance-related Web sites, including rates on unusual or promotional CD terms, such as 9 months. MoneyRates.com has also added a mortgage rates page, which enables visitors to seek out the best available rates for refinancing and new home purchases. Consumers can access this page directly at http://www.moneyrates.com/mortgage.htm.

In addition to the site's vast rate listings, MoneyRates.com has added an Expert's Commentary section to its homepage. Richard Barrington, CFA, serves as the section's primary contributor as well as the site's chief spokesperson. Barrington has more than 20 years experience in finance and was a member of the Executive Committee of Manning & Napier Advisors, Inc. for over a decade. Besides writing on a wide range of financial topics and connecting with investors regularly on Twitter (http://twitter.com/RichBarrington), Barrington has been quoted by numerous media publications, such as The New York Times, The Wall Street Journal and Pensions & Investments magazine.

Considering today's challenging financial climate, Barrington stresses the value of finding quality rate data on the Web.

"Shopping for rates really pays off," says Barrington. "For example, I noticed recently that you could more than double your CD rate by choosing some of the products on MoneyRates.com, as compared to the national average rate. Because MoneyRates is researching more than 200 banks, it finds the opportunities that most people don't have the time to track down themselves."

For those who want to minimize what they spend on mortgage financing and maximize what they earn on their investments, the new MoneyRates.com is an excellent online destination. The redesigned, easy-to-navigate site allows visitors to search for the best rates everyday, and even compare rates across multiple terms.

MoneyRates.com has been a leading source of information on bank rates, personal finance, savings accounts and investing since 1999. The site has a proven track record of providing the highest rates on certificates of deposits, money market accounts and high yield savings accounts. Money-Rates.com has been featured in The Wall Street Journal, The New York Times, Barron's, USA Today, US News and World Report, and the Los Angeles Times as a valuable resource for individual investors and consumers. According to a recent survey, MoneyRates users agree that the site "finds better and more rates than other sites."


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