Bankrate (RATE) Tops Q3 EPS by 8c

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Bankrate Reports Third Quarter 2016 Financial Results

November 3, 2016 4:01 PM EDT

NEW YORK, Nov. 3, 2016 /PRNewswire/ -- Bankrate, Inc. (NYSE: RATE) today reported financial results for the quarter ended September 30, 2016.

 

Summary Financial Results:

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Bankrate: Mortgage Rates Inch Higher

November 3, 2016 7:30 AM EDT

NEW YORK, Nov. 3, 2016 /PRNewswire/ -- Mortgage rates were slightly higher this week with the benchmark 30-year fixed mortgage rate inching to 3.69 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.23 discount and origination points.

The larger jumbo 30-year fixed rose to 3.74 percent, while the average 15-year fixed mortgage rate... More