MoneyRates Blog

Market Recipe Bad for Bank Rates — For Now

November 11, 2009

The mix of factors now prevailing in the financial markets is almost the perfect recipe to challenge anyone depending on CD rates, savings account rates, or money market rates. In other words, it may be the perfect poison for bank rates. Fortunately, markets eventually tend to find antidotes to their own ills.
First the poison, then [...]

  • Share this article with:
  • DeliciousDelicious
  • DiggDigg
  • Tip'dTip'd
  • StumbleUponStumbleUpon

Raising Bank Rates May Depend on a Pick-Up in Lending Activity

November 9, 2009

As the economic recovery gets haltingly underway, one of the things depositors should keep an eager eye on is lending volume. It’s not that those depositors are necessarily looking to borrow money themselves, but a pick-up in the lending business may be a key in pushing bank rates higher.
You name it — CD rates, savings [...]

Posted in Uncategorized | 1 Comment
  • Share this article with:
  • DeliciousDelicious
  • DiggDigg
  • Tip'dTip'd
  • StumbleUponStumbleUpon

Bank Rates At Risk When Stock Market Falters

November 2, 2009

It was more tricks than treats for the stock market as the month of October wound down, but if bank depositors think the stock market’s woes don’t concern them, they may also be in for an unpleasant surprise.
The Dow Jones Industrial Average had four days with losses of a hundred points or more in the [...]

  • Share this article with:
  • DeliciousDelicious
  • DiggDigg
  • Tip'dTip'd
  • StumbleUponStumbleUpon

Looking for the Next Clue About the Direction of Bank Rates?

September 14, 2009

Where are bank rates going next? Whether you’ve been shopping for money market rates, savings account rates, or CD rates, you’ve probably been shaking your head over how low bank rates are in general. The question is, can they go any lower?
The next clue may come this Wednesday, with the release of August’s Consumer Price [...]

  • Share this article with:
  • DeliciousDelicious
  • DiggDigg
  • Tip'dTip'd
  • StumbleUponStumbleUpon

Think Bank Rates Are Low Now? Imagine Negative Interest Rates!

September 2, 2009

A generation of depositors is currently seeing the lowest bank rates of their lives onCDs, savings, and money market accounts. As those rates approach zero, the natural assumption is that things can’t get much worse. Or can’t it?
It may be a little mind-bending to think about negative interest rates, but the concept does exist. The [...]

  • Share this article with:
  • DeliciousDelicious
  • DiggDigg
  • Tip'dTip'd
  • StumbleUponStumbleUpon