Yesterday the credit rating company Standard & Poor’s downgraded the long term debt of the United States. What this means for you and me beside our government paying higher interest rates on the country’s debt is higher interest rates for us. Higher CD rates on certificates of deposit which is a good thing but this will [...]
Archive for April, 2011
The longer term certificates of deposit always have higher CD rates than shorter term certificates of deposit. These days even longer term CD rates at banks and CD rates at credit unions aren’t that great. A few years ago you could find 5 year CD rates higher than rates today. One of the best CD rates on [...]