• @RapidcreekOP
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    3310 months ago

    Bad news for those seeking to purchase/sell homes

    Good news for rolling over cds

    • @Serinus
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      8
      edit-2
      10 months ago

      If you’re not getting 4% on your savings account, you should be switching banks.

      That’s $40/year for every thousand you keep in the account, $200/year for $5000.

      • @mriormro
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        1910 months ago

        These sorts of comments are always kind of funny to me cause they strike me as somewhat out of touch. Nearly half of all Americans don’t have savings of more than $500.

        • @Dkarma
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          510 months ago

          It’s important to note here that just because a person may not have savings accounts over $500 doesn’t mean the person doesn’t have a 401k

          • @Delusional
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            810 months ago

            Yeah I don’t think I get any interest on the $1000 that goes into my account one day and is gone the next for bills.

        • @AuroraZzz
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          -110 months ago

          But they could if more of them put their money into CDs

          • @mriormro
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            410 months ago

            They mostly don’t have any money left over to put into a CD…