In the high-interest-rate economic climate of 2022 through most of 2024, savers could seemingly do no wrong. But the economy is considerably different than it was just a few short years ago. The ...
There's a lot to consider for both borrowers and savers after an interest rate cut is issued, as it was earlier in September by the Federal Reserve. For borrowers, a reduction, even in a minimal ...
Payouts from certificates of deposit (CDs) are already beginning to fall in anticipation of benchmark interest rate cuts from the Federal Reserve later this year. Due to their attractive APYs, CDs ...
Opening a CD account means locking your money for a fixed term (3 months to 5 years) in exchange for guaranteed interest rates. CDs work best for specific savings goals with known timelines, like ...
When stacked up to interest rates available through other financial institutions, SchoolsFirst Federal Credit Union offers attractive opportunities. While it’s possible to find slightly higher rates ...
Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.