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CD Rates

What Are Current CD Rates

What are current CD Rates? CDs, or certificates of deposit, are a form of investment where money is deposited in an account for a specified amount of time, and the account earns interest. These investments can be lucrative, but they are affected by several factors, such as the amount of money deposited, the amount of time specified for the account, and the interest rates the markets are currently at. Find out more about CDs and the rates offered for these investments here.

Forced Low Interest Affecting CD Rates

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Consumers who have any form of consumer debt likely already know about the current state of interest rates. The government has continued to keep interest rates low in an attempt to spark improvement in the economy. While this has not yet happened, consumers have found that these low interest rates on debts are affecting CD [...]

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The Banking Bad News Blues

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With the way things have been shaping up this year, it is no surprise that 90% of the population of the United States of America view the economic climate as poor.  This comes on the heels of the lowest mortgage rates in history, largely negative big bank policy adjustments, a 9.1% unemployment rate, and the [...]

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How The Federal Reserve Announcement Affects CD Rates

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The Federal Reserve announced on August 9th that it was making no change in interest rates, and that they could hold until the middle of 2013. While this may be good news for the people who have enough faith in the economy to take on new debt, the news is not encouraging for those who are [...]

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CD Rates And The Slow Economy

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As the month of July comes to a close the United States Commerce Department released the data on the growth of the economy and it doesn’t look like there is any benefit to the rate of growth on your certificate of deposit. Not only are the numbers for the second quarter in, the numbers for [...]

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CD Rates For March 4, 2011

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There has been minimal change over the past two weeks for CD rates.  Nexity Bank, Goldwater Bank, and VirtualBank still hold the #1 slot(s) this week.  The leaders beat out OneWest Bank, FSB by .05% and NBC Bank by .10%.  Metropolitan National Bank Continues to dominate the 6 month, 1 and 2 year slots for [...]

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CD Rates For February 18, 2011

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CD rates have remained consistent for this week with the exception of Nexity Bank taking the first place slot alongside Goldwater Bank and VirtualBank over First NB of Baldwin County.  The minimum deposits vary for the 3 month leaders which is what really sets them apart from each other.  It also may come as a [...]

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CD Rates For February 11, 2011

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When it comes to choosing what bank to invest your money in it can often times give you a pounding headache.  That’s why it is important to shop around and find the best deals that are out there.  A great way to invest your money is in CD’s as they are virtually risk free and [...]

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