Click to edit Master subtitle style
8/29/11
ARM Mortgage Rates with Online
Banking
The Current Trend in CD Rates with Online Banking is on a downward
slope.
This has been the trend for the past couple of years that has no
end in sight.
With the US Federal...
More
Click to edit Master subtitle style
8/29/11
ARM Mortgage Rates with Online
Banking
The Current Trend in CD Rates with Online Banking is on a downward
slope.
This has been the trend for the past couple of years that has no
end in sight.
With the US Federal Reserve stating they intend to keep interest rates
low and unchanged until 2013 when a new administration will be in the
office of the presidency, those Americans looking for investing help with
their money in this conservative style are basically out of luck.
On August 18, 2011 the national average for the 5 year CD was down
to 1.
92 percent.
The 2 year was at 1.
01 percent and the 1 year CD was
at 0.
87 percent.
All of these CD rates have moved downward from a
year ago where they were 2.
44 percent, 1.
45 percent and 1.
14 percent
respectively.
All of these national averages were as reposted by Bloomberg, a
trusted and respected name in the financial world.
When looking at what the online banks have to offer, the best of the
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