Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Any Hope Of Interest Rates By 2015?

Saturday, July 27, 2013 - 6:53 PM
I have most of my 5-year CD's all coming due in spring-summer 2015.  Any thoughts/hopes on what the interest rates will be by then?  They're all expiring in the 3.0 to 3.5% range.
6
carlycarly26 posts since
Sep 2, 2011
Rep Points: 88
1. Saturday, July 27, 2013 - 7:17 PM
Hopefully you will be able to renew them for another 5-year maturity at the same rates.  Based on extrapolation, however,  I expect 2.65% to 2.85% CD yields for 5-year terms in mid-2015. Good luck carly.
7
ShorebreakShorebreak2,700 posts since
Apr 6, 2010
Rep Points: 14,635
2. Saturday, July 27, 2013 - 9:02 PM
Here's hoping you're right.  I could live with 2.85% and be a happy camper. 
2
paoli2paoli21,406 posts since
Aug 10, 2011
Rep Points: 6,152
3. Saturday, July 27, 2013 - 9:14 PM
Good4you.  Still two years to go with such high rates. 

The rate for 2015 is anyone's guess.  No crystal ball and no prediction.
1
51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,427
4. Sunday, July 28, 2013 - 4:24 AM
I thought I read in this forum a comment about a brokered non-callable CD that paid 3%. 
2
Ally6770Ally6770944 posts since
Jan 16, 2010
Rep Points: 2,743
5. Sunday, July 28, 2013 - 8:57 AM
#4   You may be thinking of the 10 year CDs which were posted in one of Ken's articles.  I could find no uncallable 5 year CDs brokered or non-brokered for 3%. 
1
paoli2paoli21,406 posts since
Aug 10, 2011
Rep Points: 6,152
Reply