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Rates rising?

Over the weekend, I read an article that discussed the possibility that the Fed might raise rates soon. (What does soon mean in this case? I don’t know.)  The article was written with a sort of “Oh no, this is terrible!” sort of vibe, but as a saver, I was pleased to see this happening.  [...]

Falling interest rates

Last week managed to get away from me.  Work got kind of crazy when people finally caught up after all the snow.  While it was kind of fun to have a few snow days, we’re definitely paying for it now.  I’m hoping this week isn’t quite as bad.

Over the past few weeks, I’ve gotten a [...]

Savers continue to struggle

Yesterday, there was an article in the Washington Post containing information that will come as no surprise to many of you.  The current efforts to keep interest rates low in order to try and prop up the economy is hurting savers.  While lower rates are great when you’re buying a house, they’re not so great [...]

Rate Chasing

If you read PF blogs, you have probably heard talk as of late about the newly rebranded Ally Bank (formerly GMAC).  The reviews seem positive, but what really grabs attention are their rates.  I believe they’ve got the highest interest rates around right now, and I’m finding it very tempting to open up an account [...]

Some Useful Saving Info

I just had a CD mature, so I’ve been scoping out rates at banks I know and trust.  I put together a table and as I was looking at it, I thought, “Hey, the blog readers might like this as well.”  So here you go.

ING Direct
HSBC Direct
FNBO Direct

6 month
1.25%
1.75%
1.25%

9 month
1.50%
2.05%
1.25%

12 month
1.50%
2.30%
1.50%

18 month
1.50%
2.35%
1.75%

24 month
1.50%
2.05%
2.25%


There are other [...]