this post was submitted on 30 Nov 2023
819 points (99.5% liked)
Memes
45887 readers
1176 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I have "great" and got told 13% a month or two ago. Didnt know the market was all futzed and asked if i did something wrong. Can you believe I passed on buying lmao
Have they stabilized?
I have “good” and was offered 9% in early October.
One good sign is that banks are lowering their rates for longer term CDs. I’m seeing 1 year CDs in the 6% range, but a 5 year CD is more like 2%-3%. This means that the banks expect the fed to lower rates in the next few years.