njhowie
Thinks s/he gets paid by the post
- Joined
- Mar 11, 2012
- Messages
- 3,931
Look for all the banks to reset the HY saving account rates over the next few weeks.
The ~1.7% norm will likely be heading to 1.5% and lower. New CD rates will similarly head lower. Up to 5 years will likely be headed below 2%.
For those who rely on fixed income, if you can lock in 2% (or more) for a year or longer, take it while it is available. It may be a while before it comes along again.
The ~1.7% norm will likely be heading to 1.5% and lower. New CD rates will similarly head lower. Up to 5 years will likely be headed below 2%.
For those who rely on fixed income, if you can lock in 2% (or more) for a year or longer, take it while it is available. It may be a while before it comes along again.