Since 2022, refinancing activity has declined in response to rising mortgage rates. But as inflation normalizes and the Federal Reserve prepares to cut rates next month, mortgage rates should begin to decline. When that happens, more homeowners, especially those with high interest rates on their home equity loans, will benefit from refinancing. Read more: CNET’s […]
Marcia Straub/Getty Images Key findings Today’s best CDs offer an APR of up to 5.25%. APYs continue to decline as inflation shows signs of cooling. By setting a high annual percentage rate, your returns are now protected from expected interest rate declines. If you want to maximize your returns with a certificate of deposit, now […]
Key findings Today’s best CDs can earn you up to 5.25%. With annual percentage rates steadily declining, now is the time to open a CD and lock in a great interest rate. Recent comments from the Federal Reserve support expectations of a rate cut as early as next month. The Federal Reserve confirmed on Friday […]
Maryna Terletska/Getty Images Key findings Today’s best CDs can earn you up to 5.25% APY. APYs have been on the decline for some time now, but are now falling even faster. By opening a CD today, you can lock in current APYs and protect your earnings from further rate cuts. High rates on certificates of […]
Dragon Claws / Getty Images Key findings Today’s best CDs offer annual percentage rates as high as 5.30%—more than three times the national average for some terms. As banks expect the Fed to cut interest rates in September, APYs are likely to continue to decline. The sooner you secure a high annual percentage rate, the […]
Flavia Morlachetti/Getty Images Key findings Today’s best CDs offer an APR of up to 5.30%. Given the continuing decline in inflation, a Fed interest rate cut in September seems even more likely. By opening a CD, you can lock in a high annual percentage rate now and protect your earnings from future interest rate cuts. […]
Sergei Nazarov/Getty Images Key findings Today’s best CDs offer an APR of up to 5.30%. Banks are increasingly lowering CDS interest rates across all maturities. If you secure a high annual percentage rate today, your earnings will be protected from further interest rate cuts. The clock is ticking on high deposit rates. After months of […]
