Is the 7% CD real? Yes — but pros say put your money here instead
Outside of gimmicks like that, it’s unlikely that CD rates will widely top 7%. That’s especially true if the Fed winds down its rate-hiking campaign by the end of the …
Federal Reserve
When will mortgage rates go down?
Mortgage rates have been making headlines lately — and not in the good way. On August 17, the average rate on a 30-year fixed-rate mortgage reached its highest point in …
Is a recession coming? Some economists are starting to say no
After months of dire predictions for a recession in 2023, it seems there may be a better chance the Federal Reserve can achieve a soft landing — at least until …
How high will mortgage rates go?
The average for a 30-year fixed rate mortgage touched 7.37% on Thursday and stayed there through Friday, according to Mortgage News Daily. ucpage/Getty Images/iStockphoto Mortgage rates soared to their highest …
Quickly calculate how fast your money grows
As long as you’re willing to lock in your money for a predetermined period of time, a CD could help you earn more than what you could in a high-yield …
Federal Reserve: Fed saw ‘significant’ inflation risk that may merit more hikes
New York: Federal Reserve officials at their last meeting largely remained concerned that inflation would fail to recede and suggested they may continue raising interest rates. “Most participants continued to …