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1/10 - Big Drops in the Industry
Category: CD Rates- gotalkmoney.com- 2:25 pm/ January 10, 2008The CD market is steadily going down and if you haven’t heard already, Bank of America is in talks with Countrywide on buying them out. For a few months now, Countrywide has been on the brink of bankruptcy. Countrywide does offer very competitive rates but a lot of investors are steering clear of them because of this issue.
Other banks that took some huge tumbles this week were –
Corus’ 1 year CD went from 5.10% to a 4.69%
E*Trade’s 3 month CD went from 5.00% to 4.35%
Today's Bank Rates
- 6 Month CD %
- 1-year CD %
- 2-year CD %
- Money Market Account %
- Savings Account %
- 30-year Fixed Mortgage 3.61 %
Bank rates provided by MoneyRates.com based on average rates for deposits under $10K and conforming mortgage rates
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Credit Card Deals
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