Tuesday, January 1, 2013 - 7:15 PM
Any predictions about what is going to happen in the areas of primary interest to this forum? CD rates, reward checking accounts, internet banking....?
I think things are going to stay miserable with few significant changes either positively or negatively. RCA caps might continue going down--$25K is getting pretty rare for the better interest rates.
8 posts since
Dec 16, 2010
Rep Points: 31
1. Tuesday, January 1, 2013 - 10:10 PM
Going further down in rate for sure, to Fed rate of 0 - 0.25%:D
1,402 posts since
Jan 16, 2010
Rep Points: 6,071
2. Wednesday, January 2, 2013 - 9:19 PM
I have learned not to make predictions about interest rates. The answer is nobody knows, although I think the Fed will do everything in its power to keep them low.
487 posts since
Aug 3, 2010
Rep Points: 2,884
3. Thursday, January 3, 2013 - 11:55 AM
Looks l.ike quite a few RCAs are taking the new year as an opportunity to lower their APR (see other topics).