CD Archives

Weekly CD Rates: May 19
By: Brian O'Connell

It was a quit week for CD rates, as indicated by the BankingMyWay weekly CD tracker. Read more»

Weekly CD Rates: May 12
By: Brian O'Connell

Signs that the economy is growing slightly stronger, or at least that we’ve hit a bottom, continue to push Treasury yields upward.The question bank customers want to know is: "will CD rates follow?" Read more»

3 Tips for Buying Bank CDs
By: BankingMyWay.com Staff

By Brian O’ConnellRates on Certificates of Deposit (CDs) may have fallen over recent months, but CDs are still one of the best hedges against the kind of stock market volatility we saw in 2008, when millions of stock investors saw their portfolios slashed by 40% or more. Read more»

When Should You Cash Out a CD?
By: BankingMyWay.com Staff

By BankingMyWay.com StaffOne of the reasons certificates of deposits, or CDs, are popular in today’s market is because they are safe investment tools. Read more»

Deals of the Week: May 6
By: BankingMyWay.com Staff

By Brian O’ConnellGetting a good bank interest rate is always about doing your homework, but BankingMyWay.com has got your back. Read more»

Weekly CD Rates: May 5
By: BankingMyWay.com Staff

By Brian O’Connell The Federal Reserve’s decision to leave the Federal Funds rate at 0.25% last week wasn’t a surprise to bond traders, but it’s certainly going to contribute to the downward spiral we’re seeing in CD rates. Read more»

How The Fed’s Rate Decision Impacts You
By: BankingMyWay.com Staff

By Brian O’ConnellWith inflation in check, the Federal Reserve saw no need to move interest rates higher; a decision that should keep bank rates low for the time being. Read more»

CDs v. Money Market Accounts
By: BankingMyWay.com Staff

By BankingMyWay.com Staff Particularly in today’s economy, knowing which investments to make and which to hold off on can save you a ton of money. And just because you’re not a financial expert doesn’t mean that you have to go and stuff your money under your mattress. You can still make money with low-risk, short-term investments like CDs or money market accounts. Read more»

Finding a Reliable CD Broker
By: BankingMyWay.com Staff

By BankingMyWay.com StaffCDs or Certificates of Deposit are generally safe, reliable investments that carry very little risk. In essence, CDs are high-interest savings accounts in which you deposit your money for a pre-determined amount of time. After this term, you can withdraw the money and any compounded interest, or you can roll everything over for another term. Read more»

When Investing, CDs Beat Bonds
By: BankingMyWay.com Staff

By Jeff BrownWhen the Federal Open Market Committee wrapped up its regular meeting Wednesday, the news was pretty dull. As expected, the Federal Reserve said it will keep interest rates at rock bottom, as it’s been doing for months. Read more»

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