Compare Rates Now

USAA Bank Seven-Year Certificate of Deposit at 3.55% APY

Posted by: RateAPY Bank Rates News
June 30th, 2010

Consumers looking for financial security often turn to Certificates of Deposit (CDs). Not only are these accounts FDIC-insured, but they offer a guaranteed rate of return with a wide variety of terms.
USAA Bank, a member-based bank serving military families, offers many of their financial products, including CDs, to the general public. ... Read more »

Zions Bank Internet Savings Account at 1.11% APY

Posted by: RateAPY Bank Rates News
June 23rd, 2010

Stock market volatility has led many consumers to look for a safer place to build their nest egg for emergencies and future purchases. Now that savings accounts are readily accessible online, savers can search for the account with the highest interest rates, lowest fees and rules that match their finances.
Savings Account from Zions ... Read more »

Flagstar Direct Money Market Account at 1.06% APY

Posted by: RateAPY Bank Rates News
June 17th, 2010

Consumers searching for the best place to save for college tuition, a down payment on a home or a new car should compare money market accounts to find the best bank deals.
Compare Money Market Account Features before Investing
When comparing money market accounts, make sure each one you consider is FDIC-insured for ... Read more »

Fewer Investments in New Housing Cause Builders Pain

Posted by: RateAPY Bank Rates News
June 16th, 2010

Investments in New Housing Drops
Housing starts fell 10 percent in May as fewer people are making investments in new housing without the government incentive of a tax credit. Construction on single-family homes suffered a 17 percent drop, the worst decline since 1991. The annual rate of homes under construction is now at 475,000, the lowest ... Read more »

North Middlesex Savings Bank Pays Savers up to 2.25% APY

Posted by: RateAPY Bank Rates News
June 16th, 2010

Savings Accounts–for That Rainy Day
In the current economic climate, when so many people feel they lack job security, it makes sense to set up a regular savings plan to have something to fall back on in the event of an emergency or unforeseen crisis. Certificates of deposit may pay the highest interest rates, but they ... Read more »

Despite Increasing Consumer Investments, Recovery Won’t Feel Good Says Bernanke

Posted by: RateAPY Bank Rates News
June 15th, 2010

Modest Economic Growth
In a recent interview with Sam Donaldson, Federal Reserve Chairman Ben Bernanke said the U.S. is recovering from the Great Recession but that recovery won’t feel good. The economy is growing for the 4th straight quarter but only at a rate of about 3-3.5%.
Investments Not Strong Enough to Outpace Unemployment
Consumer investments and spending ... Read more »

One-Year Certificate of Deposit from Ally Bank Earns 1.49% APY

Posted by: RateAPY Bank Rates News
June 15th, 2010

If the Federal Reserve increases interest rates, consumers are more likely than ever to open a certificate of deposit (CD) to lock in guaranteed interest for a specific term. In the meantime, savers can compare rates online to find the best interest rates.
Ally Bank offers a wide range of CDs that ... Read more »

Raising Interest Rates Recommended by Fed Pres Bullard

Posted by: RateAPY Bank Rates News
June 14th, 2010

As mentioned in a previous Money News blurb, three Federal Reserve Bank presidents were openly talking about the FOMC beginning to raise interest rates. Now a fourth may be joining their camp.
Higher Interest Rates Urged by Another Fed Pres
James Bullard, president of the St. Louis Federal ... Read more »

Range of Strong CD Rates from Avon Co-operative Bank

Posted by: RateAPY Bank Rates News
June 14th, 2010

Certificates of Deposit–a Competitive Market Place
You might assume that all certificates of deposit are much the same. After all, most of them (all of them on this site) are 100 percent secure for balances of at least $250,000 thanks to the Federal Deposit Insurance Corporation (FDIC), so why should ... Read more »

30-year Mortgage Rates Near All-Time Record Low at 4.72%

Posted by: RateAPY Bank Rates News
June 11th, 2010

According to Freddie Mac, mortgage rates this week “hover near the record low set on December 3, 2009.” The Primary Mortgage Market Survey (PMMS) has been tracking mortgage rates since April 1971. Since the PMMS survey began, shortly after Congress established Freddie Mac, 30-year mortgage rates have only ever been ... Read more »