Archive for 22 January 2008

Hurry! Lock in CD Rates While You Can!

Posted 22 January 2008 by
Tagged As: | Categories: Banking, CDs | Comments Off

I suspect you’ve heard by now that the Fed unexpectedly slashed interest rates this morning down to 3.50%. Will the rate slashing stop now? My magic 8-ball says, “outlook does not look good.” In other words, there’s no time like the present to lock in a CD. Sadly, I’m afraid that any remaining 5% savings [...]