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Average Annuity Rates

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1)High interest rates (Higher than CD's) with tax deferral (Fixed Annuity.)

Annuity interest rates are generally higher than those earned with CD's. Annuity's also earn interest tax deferred, whereas CD's require that the taxes on the interest be paid each year. You can choose to annuitize later if you wish to start receiving annuity payments.

2)Income for my lifetime only (Single/Straight Life Annuity.)

If you choose this option the annuity income is paid throughout your life only. When you die, the income will no longer be paid. However, the income you will receive each year from a single life annuity will be greater than a joint life annuity.

3)Income that continues to another later (Joint Life Annuity.)

This type of annuity will pay your spouse and/or loved one a percentage of the payment you received, after you have died. This means that after your death, your spouse and/or loved one will receive an income for the rest of their life.The greater the payment after your death to this person, the lower the payment will be to you during your lifetime.

4)Income that is guaranteed for a certain length of time (Guaranteed Annuity.)

This type of annuity will guarantee that income is paid for a minimum period of time, referred to as the "certain period." This means even if you die before the end of the guarantee, the remaining payments left under the guarantee will be paid to your estate.

5)I'm not sure. I will decide after I get the information.

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Average Annuity Rates


U.S. mortgage rates increased in week  Interest rates for 30-year, fixed-rate U.S. mortgages increased in the week ending Sept. 25, the Federal Home Loan Mortgage Corp. said Thursday.The 30-year, fixed-rate mortgage averaged 6.09 percent with an average 0.7 points in the week, Freddie Mac said.A week ago, 30-year, fixed-rate mortgages averaged 5.78 percent with an average 0.6 points. A year ago, the average rate was 6.42 ...

Asian Bank Lending Rates Increase as WaMu Collapses (Update1)  Sept. 26 -- Borrowing costs among banks in Singapore and Australia rose as regulators seized Washington Mutual Inc. and talks faltered on a government rescue plan for U.S. lenders.

Mortgage rates rise in wild week  The wild week in Washington and on Wall Street was wicked on mortgage rates, too. They went up. The benchmark 30-year fixed-rate mortgage rose 16 basis points, to 6.32 percent, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage point.

Lenders hike mortgage rates  Three major mortgage lenders have hiked their rates, signalling an end to the recent trend of falls in the cost of home loans. HSBC, Barclays' lending arm the Woolwich and internet and telephone bank first direct all said they were passing on recent increases in the cost of borrowing to customers.

Major lenders hike mortgage rates  Three major mortgage lenders have hiked their rates, signalling an end to the recent trend of falls in the cost of home loans. HSBC, Barclays's lending arm the Woolwich and internet and telephone bank First Direct all said they are passing on recent increases in the cost of borrowing to customers.

China to cut rates further, Korea may follow-Barclays  SINGAPORE, Sept 26 Reuters - China's central bank is likely to cut interest rates further to spur economic growth while South Korea and other Asian countries could also join in easing policy, Barclays Capital said on Friday.

Asian Bank Lending Rates Rise as Washington Mutual Collapses  Sept. 26 -- Borrowing costs among banks in Singapore and Australia rose after regulators seized Washington Mutual Inc. and talks faltered on a government rescue plan for U.S. lenders.

Big banks raise some residential mortgage rates by more than a third of a point  TORONTO - Mortgage rates in Canada are heading higher as fears of inflation resonate through the bond market while U.S. legislators move towards agreement on a US$700 billion bailout plan for Wall Street banks.

***SNAPSHOT- ASIA KEY OFFICIAL INTEREST RATES***  Taiwan's central bank cut interest rates, surprising markets with its first cut in five years, as it shifted its policy to boosting growth from fighting inflation in the face of the global financial crisis.

UPDATE: Rates Rise, Mortgage Applications Fall: MBA  CHICAGO Dow Jones -- Applications filed for mortgages last week decreased a seasonally adjusted 10.6% compared to a week earlier, while interest rates charged on fixed- and adjustable-rate mortgages rose, the Mortgage Bankers Association said on Wednesday.

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