CD rates Blog

Wednesday, April 20, 2011 3:30 pm
By Sheyna Steiner · Bankrate.com

Ask for a better CD rate and you may receive one. It depends who you are, which bank you’re asking — and even whom you speak to at that bank. But if you’re in the market for a CD, it can’t hurt to ask. With CD rates scraping through the bottom of the barrel, savers need

» Read more
Tags: No Tags Assigned
Monday, April 18, 2011 2:30 pm
By Claes Bell, CFA · Bankrate.com

Short-term CD rates have been in the dumps since the Fed frantically cut its key federal funds rate to nearly zero to try and stop the economic free fall of late 2008. Savers would probably love to see the Fed reverse that trend, but with unemployment over 9 percent and the recovery still pretty sluggish,

» Read more
Wednesday, April 13, 2011 12:00 pm
By Sheyna Steiner · Bankrate.com

CD rates are relatively bad no matter where you look, but you may find decent yields by bypassing the bank on the corner and heading to the credit union you may have overlooked. In the 2011 credit union checking study, Claes Bell reported that many credit unions still offer free checking with no strings attached. Plus,

» Read more
Monday, April 11, 2011 2:39 pm
By Claes Bell, CFA · Bankrate.com

Our annual CD survey is out this week, and this year it focuses on rising-rate CDs, an unusual breed of time deposits that usually comes into play when CD rates are terrible, but looking to get better soon. As my colleague Sheyna Steiner pointed out in this space last week, CD rates have that first

» Read more
Wednesday, April 6, 2011 9:42 am
By Sheyna Steiner · Bankrate.com

Records continue to be broken, but for all the wrong reasons. As you know, CD rates are at all-time lows. Since August 2009, the yield on the average one-year CD  has been at record lows, falling below any rates recorded since Bankrate began tracking CD rates in 1983. Prior to August 2009, the previous low was

» Read more
Tags: CD rates, CDs
Monday, April 4, 2011 3:54 pm
By Claes Bell, CFA · Bankrate.com

Any piece of legislation as massive and far-reaching as the Dodd-Frank Wall Street Reform and Consumer Protection Act is bound to have some unintended consequences develop over time. Usually we think of unintended consequences as a bad thing; they’re the loopholes that allow companies to get out of paying their fair share of taxes or

» Read more
Thursday, March 31, 2011 8:59 am
By Sheyna Steiner · Bankrate.com

Banks have been smacked with the regulation stick repeatedly in the past year or so, and banks have ratcheted up fees in response. Services such as free checking and debit rewards cards have also been curtailed. But are banks also keeping CD rates and money market account rates very low as a way to pad

» Read more
Tags: CD rates
Monday, March 28, 2011 2:50 pm
By Claes Bell, CFA · Bankrate.com

Rock-bottom CD rates are about as popular with Americans as TSA pat downs and ticket scalpers. Anyone who has money languishing in CDs paying little to no interest is probably pretty annoyed about it. But if low CD yields are really hurting you — reducing your ability to meet basic expenses or forcing you to

» Read more
Wednesday, March 23, 2011 3:58 pm
By Sheyna Steiner · Bankrate.com

With enough of a nest egg a retiree could live off of the interest from CDs alone. These days, however,  that nest egg would need to be the size of Texas to provide a reasonable income. While most financial advisers would likely recommend against putting all your retirement eggs into one basket, CDs will always be in

» Read more
Tags: CD rates
Monday, March 21, 2011 12:26 pm
By Claes Bell, CFA · Bankrate.com

Jane J. Kim has an article this month in the Wall Street Journal on how banks are finally beginning to bump up CD rates, especially on longer-term CDs. In general, rates had fallen since the financial crisis. “Last week was the first broad-based move higher in quite some time,” says Greg McBride, senior financial analyst

» Read more
Page 23 of 24« First...10...2021222324