Here's a look at the state of mortgage rates from Bankrate.com's weekly national survey of large banks and thrifts conducted Dec. 23, 2009.Interest Rate RoundupMortgagesCDsAuto LoansHome EquityCredit CardsCredit CardsRates: 13.47 percent (standard fixed); 11.48 percent (standard variable)Fixed rate averages on credit cards haven't changed. The mean fixed APR on standard cards held at 13.47 percent. Across standard, gold and platinum cards, the average fixed rate stayed at 12.43 percent.The average variable APR for all credit cards edged up 2 basis points from last week, to 11.71 percent, but the average standard variable remained at 11.48 percent.Revolving debt, which consists mostly of credit card balances, declined for the ninth consecutive month in October, according to the Federal Reserve's December 2009 G. 19 report on consumer credit. Credit card borrowing fell by $6.9 billion from $895 billion in September, to $888.1 billion.You can find your best credit card deal -- by type -- at Bankrate's interactive tool.See all credit card rates content.-- Leslie McFadden advertisementRelated Links:6 ways to build credit on campusNational credit card ratesHouse passes reform billRelated Articles:How to raise credit score?Holiday tips for cardsStore credit cards
Here's a look at the state of mortgage rates from Bankrate.com's weekly national survey of large banks and thrifts conducted Dec. 23, 2009.
Fixed rate averages on credit cards haven't changed. The mean fixed APR on standard cards held at 13.47 percent. Across standard, gold and platinum cards, the average fixed rate stayed at 12.43 percent.
The average variable APR for all credit cards edged up 2 basis points from last week, to 11.71 percent, but the average standard variable remained at 11.48 percent.
Revolving debt, which consists mostly of credit card balances, declined for the ninth consecutive month in October, according to the Federal Reserve's December 2009 G. 19 report on consumer credit. Credit card borrowing fell by $6.9 billion from $895 billion in September, to $888.1 billion.
You can find your best credit card deal -- by type -- at Bankrate's interactive tool.
See all credit card rates content.
-- Leslie McFadden
A little research could save you BIG on interest.