CD rates may be at record lows, but there’s one group able to earn 10 percent on their savings: military service members in harm’s way.
If you see an outrageously high CD rate being offered, take it with a grain of salt.
Last week I wrote about the Fed’s delayed decision on whether to approve Capital One’s purchase of saver favorite ING Direct. Well, it turns out it was more foot-dragging than it was a real sign of trouble for the deal. Yesterday the Federal Reserve agreed to give its blessing to the deal. As I noted
I recently appeared on the Fox Business Network to talk about my 2012 interest rate outlook. Here’s an edited transcript of my comments: Mortgages I think there’s a possibility that mortgage rates could move considerably lower early this year. It will be brief, but here’s the scenario under which I see that unfolding: If fears