1 month ago | By Business Insider
Insider's experts choose the best products and services to help make smart decisions with your money. In some cases, we receive a commission from our partners , however, our opinions are our own. Terms apply to offers listed on this page. The author, Hanna Horvath. Courtesy Hanna Horvath
When the Federal Reserve cut interest rates, I moved my savings into CDs and corporate bonds.
Corporate bonds are riskier than government bonds but can offer higher returns.
When it comes to choosing a savings strategy, there is no one-size-fits-all solution.
As a financial planner, I always advocate for...
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1 month ago | By Business Insider
Insider's experts choose the best products and services to help make smart decisions with your money. In some cases, we receive a commission from our partners , however, our opinions are our own. Terms apply to offers listed on this page. Mortgage rates have trended down in recent weeks. As inflation slows and the economy cools off, rates will likely continue to drop throughout 2023. Lower mortgage rates have provided a modest boost to the housing market. According to the latest data from the National Association of Realtors, pending home sales increased in 2.5% month-over-month in...
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1 month ago | By Business Insider
Insider's experts choose the best products and services to help make smart decisions with your money. In some cases, we receive a commission from our partners , however, our opinions are our own. Terms apply to offers listed on this page. The average interest rate paid by a savings account right now is FDIC National Deposit Savings Rates Annual Percentage Yield , according to the FDIC. Today, the best online institution for earning a competitive interest rate on a high-yield savings account is MySavingsDirect, which pays My Savings Direct Savings Account APY on a My Savings Direct Savings...
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