Tuesday (12/30) News and Notes
Category: News and Notes- gotalkmoney.com- 9:15 am/ December 30, 2008A lot of banks dropped their rates this week. It’s hard to even find a rate over 4% today. The only rates you’ll find above 4% are on the 5 year CD chart.
As for the new additions this week, I added UFBDirect.com and Heritage Bank. UFBDirect is offering a 2.25% 3 month CD and Heritage is offering a 2.30% APY 3 month CD. It’s nothing special but they fall into the top 10.
If you’re still looking for that 5 star bank, Capital One and Discover are still the only banks with a 5 star rating but their rates have dropped over the week.
According to last week’s poll, 237 people said this –
46% say invest in a 3 month - 1 year CD
8% say invest in a 2 year
7% say invest a 3 year
10% say money market
27% have no clue what they want to invest in.
If you want to participate in the poll, visit the homepage and even if you don’t know what you want to vote in, help others out by simply clicking on “I’m not sure”.
Also, I just want to wish everyone a Happy New Year! Let’s hope 2009 is better than 2008!
- 6 Month CD 0.60 %
- 1-year CD 0.92 %
- 2-year CD 1.47 %
- Money Market Account 0.37 %
- Savings Account 0.60 %
- 30-year Fixed Mortgage 4.27 %
Bank rates provided by MoneyRates.com based on average rates for deposits under $10K and conforming mortgage rates
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If you know of any bank deal that we haven't featured on our blog yet, we would love to hear from you. Whether you work with the bank or you found a deal in the newspaper, simply click on the submit a bank deal on the right hand side and help us all out!
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If you know of any bank deal that we haven't featured on our blog yet, we would love to hear from you.
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Confused on what you should invest in? Let the GoTalkMoney.com community help you when it comes to investing into a CD. If you already know what you're going to invest in, please vote on the poll on the right. If you want to see the results and you don't know what to vote, simply hit "I'm Not Sure" to see the results.
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