CD rates Blog

Monday, July 25, 2011 10:19 am
By Claes Bell · Bankrate.com

If you’ve noticed a lack of attractive special offers on CD rates, you’re not imagining things. Market Rates Insight has a report out this month showing the APY premium — the usually modest rate bonus banks offer new customers to keep new deposits rolling in — has fallen so low in some cases it’s actually

» Read more
Wednesday, July 20, 2011 9:47 am
By Sheyna Steiner · Bankrate.com

Savers just cannot catch a break in today’s interest rate environment. According to Bankrate’s archives, the average one-year CD has yielded under 1 percent since September 2009 — and under 0.5 percent since December 2010. After the erosion of purchasing power through inflation, savers are kind of paying banks to keep their money. But rather

» Read more
Wednesday, July 13, 2011 12:07 pm
By Sheyna Steiner · Bankrate.com

Federal Reserve Chairman Ben Bernanke testified before Congress this week, reporting that the Fed is ready and willing to provide more stimulus to the economy if it’s needed. His fingers are crossed, however, that the economy will move past the transitory bumps that have slowed down growth this year. Before Bernanke’s testimony, a recent Bloomberg

» Read more
Monday, July 11, 2011 11:29 am
By Claes Bell · Bankrate.com

It seems like eons since CD rates were anywhere near normal, and investors have understandably been on the lookout for any sign that higher yields might be on the way. Fortunately, some signs have been cropping up in the larger U.S. economy that the long CD yield drought maybe coming to an end. First, you

» Read more
Wednesday, July 6, 2011 12:06 pm
By Sheyna Steiner · Bankrate.com

When it comes to evaluating CDs, the annual percentage yield is of paramount importance. In most cases, the APY is very easy to spot — banks are required by law to display the annual percentage yield to help savers compare products. APY takes into account both the nominal interest rate and compounding interest. The more

» Read more
Tags: CD rates
Thursday, June 30, 2011 2:58 pm
By Sheyna Steiner · Bankrate.com

In order to find the best CD rates in today’s environment, savers need to search nationwide and consider online banks. Bankrate has you covered when it comes to searching for the highest rates but your investing strategy can also boost yields over time, for instance, with a CD ladder. A CD ladder stacks certificates of

» Read more
Tags: CD rates
Monday, June 27, 2011 3:58 pm
By Claes Bell · Bankrate.com

Remember Allen Stanford, the billionaire financier who ended up seeing his financial empire fall among accusations of running one of the biggest Ponzi schemes in history? Unfortunately, two years after Stanford Financial Group collapsed, investors in Stanford’s Antiguan CDs are still waiting to find out how — and if — they’ll be compensated for their

» Read more
Wednesday, June 22, 2011 3:00 pm
By Sheyna Steiner · Bankrate.com

The Federal Open Market Committee met today for the fourth time this year. Unsurprisingly, rates were unchanged and that means continuing bad news for CD rates. At the end of this month, the Fed’s $600 billion bond-buying program known as QE2 will come to an end. But the Federal Reserve will continue their policy of

» Read more
Tags: CD rates
Monday, June 20, 2011 2:27 pm
By Claes Bell · Bankrate.com

CD rates, and deposit rates generally, are laughably low right now. Bankrate’s latest numbers for one-year CD rates have the average at 0.44 percent, and the highest rate on Bankrate’s one-year CD rate table is 1.31 percent. So it’s no wonder that many who would normally be saving appear to be taking those extra dollars and

» Read more
Wednesday, June 15, 2011 3:36 pm
By Sheyna Steiner · Bankrate.com

In 2009, Allen Stanford was arrested for running an $8 billion investment scam. He sold extremely high-yielding, yet fake, CDs to unwitting investors. Naturally, many of those optimistic CD buyers ended up losing their shirts when the operation was busted. On Wednesday, the Securities and Exchange Commission, or SEC, announced that some of those investors

» Read more
Page 20 of 24« First...10...1819202122...Last »