For the first time in at least a decade, the average rate of 12-month CD specials fell below that offered on basic CDs of the same term length.
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CD Rates News
Featured CD Rates News:
Incentive rates for CDs fall into negative territory |
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Inflation rate surpasses top CD rate
Sunday, June 5th, 2011Market Rates Insight revealed that the annual inflation rate topped the rate of the highest-paying CD in early 2011. Read more
Posted in: Banking, CD Rates, Certificate of Deposit
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Savings rates show a marked increase in certain states
Saturday, May 21st, 2011A recent study from Market Rates Insight (MRI) discovered that a number of states have seen savings rates rise this year. Read more
Posted in: CD Rates, Money Market Rates, Savings Rates
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Internet-only banks no longer have higher savings rates
Tuesday, April 26th, 2011A recent report noted that the higher-than-average savings rates commonly associated with online banking institutions may be a thing of the past. Read more
Posted in: CD Rates, Money Market Rates, Savings Rates
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Savings rates to rise in 2011?
Tuesday, April 5th, 2011A recent report from MRI noted that competition between banks should intensify this year, as banks look to increase consumer deposits. Read more
Posted in: CD Rates, Money Market Rates, Savings Rates
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Regional Vs. national banks: Which seem to be recovering faster?
Monday, April 4th, 2011The level of bank recovery, national or regional, is directly dependent on job market and real estate recovery of the U.S. Read more
Posted in: Banking, CD Rates, Money Market Rates, Savings Rates
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Long-term CD rates rise
Thursday, March 17th, 2011A recent report covering trends from the first week of March 2011 noted that long-term CD rates are trending upward. Read more
Posted in: CD Rates
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Consumers increase deposits to savings accounts
Friday, March 4th, 2011Domestic consumer deposits for checking accounts, money market accounts and savings accounts increased in the fourth quarter of 2010. Read more
Posted in: CD Rates, Money Market Rates, Savings Rates
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Consumers who compare CD rates find more odd rates
Thursday, February 10th, 2011Consumers who are looking to diversify their investments and increase their savings typically compare CD rates often, as they can be a useful addition to any portfolio. Read more
Posted in: Banking, CD Rates, Certificate of Deposit
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CDs, Money market accounts may not see returns soon
Tuesday, February 8th, 2011Despite recent positive economic news, interest rates on money market accounts and certificates of deposit may not rise for some time. Read more
Posted in: CD Rates, Money Market Rates, Savings Rates
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