SOURCE: Informa Research Services, Inc.

Informa Research Services, Inc.

September 30, 2011 19:15 ET

Prepare for 2012 Using Online Rate Tables, Says Informa Research Services

CALABASAS, CA--(Marketwire - Sep 30, 2011) - With only three months left in 2011, right now may be a good time to start thinking about setting some financial goals for the upcoming year. Whether you aim to build up your retirement nest egg or want to refinance your current mortgage, Informa Research Services, a subsidiary of Informa plc (LSE: INF), suggests consumers take advantage of online resources to find the best deals currently being offered (http://www.erate.com/current-mortgage-rates-30-year-fixed-mortgage-rates.htm).

Consumers who would like to build up their savings should use pre-scheduled transfers from your paycheck or checking account to a dedicated savings account. Furthermore, to amplify your savings efforts, be sure to let these funds grow in a high-yield savings account. One of the fastest ways to quickly locate the best rates is to check online rate tables such as those featured on ERATE.com.

Homeowners looking to refinance their current mortgage should turn to these rates tables as well. Not only can they quickly locate rates offered by lenders who serve their area, but frequently, these rates may be below the already low national average.

Refinancing a current home loan successfully will allow qualified homeowners to save money immediately and over the long term. Having a lower interest rate attached to your home loan can lower your monthly mortgage payment by up to $100 a month. Over the term of your loan, this can add up to tens of thousands of dollars. Homeowners who are considering refinancing a current loan should research their options to ensure that the benefits of refinancing their mortgage will outweigh the costs. The overall benefit of refinancing will rely heavily on the difference between the rate that is attached to the current home loan and the rates that are available at the moment.

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About Informa Research Services, Inc. (www.informars.com)
Since 1983, Informa Research Services, Inc. has provided the financial industry's most extensive array of market research, mystery shop, and decision-support information.