Cash News If you’re unemployed, if your company doesn’t offer retirement contribution matches, or you’re simply someone who wants to earn more on their retirement savings, it can pay to seek out alternative savings options. Right now, for a limited time, Robinhood (HOOD) is offering a 3% uncapped bonus for IRA transfers with Robinhood Gold, […]
Cash News Today’s certificate of deposit (CD) interest rates are some of the highest we’ve seen in more than a decade thanks to several rate hikes by the Federal Reserve. However, the Fed finally cut its target rate this month, so now could be your last chance to lock in a competitive rate. CD rates […]
Cash News Between March 2022 and July 2023, the Federal Reserve raised its benchmark rate 11 times. As a result, money market account (MMA) interest rates rose sharply. However, the Fed slashed the federal funds rate by 50 basis points in September. So deposit rates — including money market account rates — have started falling. […]
Cash News Today’s savings account interest rates are some of the highest we’ve seen in more than a decade due to several rate hikes by the Federal Reserve. However, the Fed finally cut its target rate in September, which means savings account rates are beginning to fall. The good news is that many high-yield savings […]
Cash News Today’s mortgage rates have hardly moved. According to Zillow data, the 30-year fixed mortgage rate has increased by two basis points to 6.21%, and today’s 15-year fixed mortgage rate remains unchanged at 5.53%. The 5/1 ARM rate has decreased by two basis points to 6.76%. Mortgage rates have been flat (and at times […]
Cash News Between March 2022 and July 2023, the Federal Reserve raised its benchmark rate 11 times. As a result, money market account (MMA) interest rates rose sharply. However, the Fed slashed the federal funds rate by 50 basis points in September. So deposit rates — including money market account rates — have started falling. […]
Cash News Most mortgage rates have held steady since yesterday and even since this time last week. According to Zillow data, the national average 30-year fixed mortgage rate is currently 6.21%, and the 15-year fixed mortgage rate is 5.53%. Are you ready to buy or refinance but worried about high interest rates? Shopping around for […]
Cash News Today’s savings account interest rates are some of the highest we’ve seen in more than a decade due to several rate hikes by the Federal Reserve. However, the Fed finally cut its target rate in September, which means savings interest rates are beginning to fall as well. So it’s important to be sure […]
Cash News Today’s certificate of deposit (CD) interest rates are some of the highest we’ve seen in more than a decade thanks to several rate hikes by the Federal Reserve. However, the Fed finally cut its target rate in September, so now could be your last chance to lock in a competitive rate. CD rates […]
Central bankers have avoided celebrations and declarations of victory. They know full well that consumers and firms, stung by the highest inflation since the 1970s, would not appreciate them. In private, though, many are elated. The sharpest rise in borrowing costs in decades, dubbed “the great tightening” by the IMF, appears to have worked better […]