Want to Earn the Highest Savings Rate? This Money Market Account Is Now the National Leader
Since summer 2023, you could earn more with a high-yield savings account than the best money market account. But that changed ...
Want a 2-Month CD Paying 14% APY? This Cash Bonus Savings Account Pays Almost That Much
While plenty of high-yield savings accounts pay 4%–5%, this astonishing offer's high rate plus cash bonus can push your APY ...
National Bureau of Economic Research13d
Interest Rate Risk in Banking
Contrary to existing models, sticky deposits and low deposit rate betas do not imply negative duration. While operating costs could generate negative duration, they are offset by fixed interest rate ...
Newsweek14d
Best CD Rates in California: January 2025
Certificates of deposit (CDs) are a great way to earn ... Like CDs, bonds pay a fixed interest rate and have a predetermined maturity date. You can sell a bond before it matures in the secondary ...
AOL17d
High-yield savings accounts vs. CDs: Which is best for maximizing your money as rates cool?
A certificate of deposit — or a CD — is a savings account that pays a fixed rate of interest on an initial deposit that you agree to lock away for an agreed-on period of time. CD terms can ...
CNN21d
Dow plunges by more than 1,100 points after Fed projects fewer rate cuts next year
The average rate on a standard, 30-year fixed mortgage was 6.6% in the week ending December 12, according to data from Freddie Mac. While that’s significantly lower than last year’s peak of 7. ...
Bloomberg L.P.21d
BOJ’s Ueda Hints at Chance of Later Rate Hike, Sending Yen Lower
Bank of Japan Governor Kazuo Ueda opened up the possibility of waiting longer for his next interest rate hike in comments that lowered expectations of a January move and hammered the yen.
Wall Street Journal22d
They Look Like CDs, but They’re Annuities—and Sales Are Booming
Insurers create fixed-rate deferred annuities, which resemble certificates of deposit, but offer higher yields on average thanks to the broad portfolio of investments insurance companies hold.
Bloomberg L.P.22d
China Banks Raise Mortgage Rates For the First Time Since 2021
The average mortgage rate for buyers’ first homes in 42 big cities inched up to 3.08% in November from a record low of 3.05% in the previous month, the first increase since October 2021 ...
Indiatimes22d
These special FDs offer up to 8.10% interest rate: Here’s the deadline for investing in high rate fixed deposits
Punjab & Sind Bank and IDBI Bank are offering special fixed deposit (FD) schemes with higher interest rates until December 31, 2024. IDBI's Utsav FD offers rates up to 7.85% for senior citizens.
The New York Times22d
Fed Cuts Interest Rates and Markets Plunge After 2025 Forecast
The Federal Reserve cut interest rates by a quarter point, its third reduction this year, but suggested only two more reductions next year as inflation lingers. Actual target rate Latest ...
CNET22d
The Fed Cut Rates Again. Will APYs for Savings Accounts and CDs Continue to Drop?
Variable rates can change at any time. A certificate of deposit is a deposit account that offers a fixed rate for a specific time, or term. In exchange for fixed growth, you agree not to withdraw ...