Msnbc.com now offering rates fresh daily

Msnbc.com readers now have access to search and compare the most competitive interest rates on mortgages, home equity lines, car loans and more through a new partnership with Bankrate.com.

On selected stories and pages throughout the business section of msnbc.com, readers will find a copy of the box seen at right, which is updated nightly with the latest rates in five categories. Just click on the tabs at the top of the box to switch categories.

Clicking on any of the blue hyperlinks in the box will take the reader to a co-branded page, where you will find more information on the latest rates for the selected product. Or you can find tips, calculators and personal finance news from the team at Bankrate.com.

"We chose Bankrate.com to provide a solution for this vital information because Bankrate is known for providing clear, objective and unbiased information on rates," said msnbc.com business editor Martin Wolk.

Bankrate surveys nearly 5,000 financial institutions daily for rates on more than 300 financial products, including mortgages, certificates of deposit, auto loans and credit cards. Rates are submitted by financial institutions, then checked by a team of researchers including "mystery shoppers" who verify that the advertised rates are truly available

Banks that fall afoul of a "three strikes" policy are ejected from the system and must resubmit their documentation to be readmitted.

"Everything we do at Bankrate has the consumer foursquare in mind," said Bruce Zanca, Bankrate's senior vice president for marketing and communications. "What we endeavor to do is to give consumers the information they need to make better-informed decisions about their personal finance matters — particularly in regard to savings and debt."

As part of the arrangement, msnbc.com will feature occasional articles written by Bankrate.com's award-winning team of personal finance writers.

We would love to hear what you think of this feature and other features on business.msnbc.com, or what you would like to see in the future. Send us your feedback by clicking here.

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