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RATE UPDATE Fed actions are keeping mortgage rates low. Search rates in your neighborhood.

8 steps for Day 1
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8 steps for Day 1
of the 2009 tax season
The first of Bankrate's daily tax tips offers eight tasks you can take care of now to stay ahead of the curve.
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    NATIONAL OVERNIGHT AVERAGESTODAY+/-LAST WEEK
    30 yr fixed mtg 5.30% 5.32%
    15 yr fixed mtg 5.06% 5.20%
    5/1 ARM 5.84% 5.83%
    30 yr fixed jumbo mtg 6.96% 6.81%
    5/1 jumbo ARM 5.96% 5.89%
    Rates may include points
    To compare local rates enter ZIP code:
    NATIONAL OVERNIGHT AVERAGESTODAY+/-LAST WEEK
    $30K HELOC 5.20% 5.38%
    $50K HELOC 4.98% 5.23%
    $30K Home Equity Loan 8.49% 8.49%
    $50K Home Equity Loan 8.47% 8.46%
    $75K Home Equity Loan 8.44% 8.44%
    Rates may include points
    To compare local rates enter ZIP code:
    NATIONAL OVERNIGHT AVERAGESTODAY+/-LAST WEEK
    36 month new car loan 6.71% 6.71%
    48 month new car loan 6.76% 6.76%
    60 month new car loan 6.78% 6.78%
    72 month new car loan 6.44% 6.44%
    36 month used car loan 7.10% 7.09%
    Rates may include points
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    NATIONAL OVERNIGHT AVERAGESTODAY+/-LAST WEEK
    6 month CD 2.17% 2.23%
    1 yr CD 2.61% 2.68%
    5 yr CD 3.07% 3.16%
    1 yr IRA CD 2.25% 2.31%
    5 yr IRA CD 2.67% 2.70%
    Rates may include points

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    NEWS THIS WEEK
    A wrong financial move in an economic downturn could turn a bad situation worse. Learn the pitfalls to avoid. A new law raises the ceiling on the amount seniors can obtain from a reverse mortgage and cuts the loan fees, too. See rates from our national survey of mortgages, home equity products, auto loans, credit cards and CDs. Thousands of businesses are shutting down shop and laying off employees. Here's how to protect yourself. Credit card issuers seem to be cutting card limits arbitrarily. Here's what to do if this happens to you. Don't take the bait for any refi deal. Knowing the terms of your existing mortgage is just one way to not get fried.
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