Articles from Bankrate

Bankrate, a leading consumer advocate for home lending information and financial services, today released new Bankrate Star Ratings – the largest, most comprehensive and data-driven review of the mortgage lending industry.

In September, the national average 30-year fixed purchase mortgage rate averaged 7.03%, according to Bank Rate Monitor data. New Bankrate data shows borrowers using its competitive lender auction secured an average rate of 6.32% to-date in September, with an estimated 473 borrowers projected to benefit. In August, when rates averaged 6.71%, Bankrate auction borrowers secured an average rate of 5.94%. Rates available through Bankrate’s auction also beat more than 99.7% of those surveyed across 600+ banks and credit unions.

Bankrate, the consumer advocate platform that has helped people make better financial decisions for more than 40 years, today unveiled a new brand identity and announced the launch of a redesigned website on June 25.

New Bankrate research finds 87% of American mortgage borrowers are likely overpaying for their home loans as of 2025. It's not because better rates were unavailable — it's because most borrowers never found them. The $65 billion Americans who bought mortgages since 2022 overpay each year could have been saved had borrowers used Bankrate's mortgage auction, where lenders compete in real time on price alone. That's not a market problem. It's an access problem — and it's a solvable one.

Bankrate’s 40 years’ worth of consumer finance rate data — the Bankrate Monitor (BRM) National Index as well as select consumer polling data — is now available through Federal Reserve Economic Data (FRED®), the online database maintained by the Research Division of the Federal Reserve Bank of St. Louis.

Bankrate, a Red Ventures company, announced Matt Fellowes as CEO of the personal finance platform that helps people make informed financial decisions and connect with the right products to reach their goals. In this role, Fellowes will steward Bankrate’s evolution from a leading financial marketplace into a world-class, technology-driven platform designed to empower people to more confidently navigate their finances and help financial institutions connect with consumers.

Bankrate, a trusted name in financial guidance since 1976, today announced the launch of the Bankrate Data Center. This comprehensive online platform offers a curated collection of interactive and embeddable data sets illustrating decades of proprietary financial trends.

Today, Bankrate, a trusted name in financial guidance, announced the winners of the 2025 Bankrate Awards, recognizing top-tier financial products and honoring visionaries shaping the landscape of personal finance.