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Today’s featured pick is the 6-month CD account offered by CommunityWide Federal Credit Union. This account has an APY of 4.65%. With a required minimum opening deposit of $1,000, this CD is an ...
The current average rate for a 30-year fixed mortgage is 7.11% for purchase and 7.12% for refinance — up 5 basis points from 7.06% for purchase and 3 basis points from 7.09% for refinance ...
In 2002, the Treasury Department started changing the savings bond program by lowering interest rates and closing its marketing offices. [23] As of January 1, 2012, financial institutions no longer sell paper savings bonds. [24] Savings bonds are currently offered in two forms, Series EE and Series I bonds.
In January 2025, the Consumer Financial Protection Bureau accused Capital One of cheating savings account holders out of $2 billion, by "deceptive, abusive and illegal" practices which obscured the difference between the high-interest "360 Performance Savings" accounts vs. low-interest "360 Savings" accounts. [136]
During the Roman Republic, interest was outlawed by the Lex Genucia reforms in 342 BCE, though the provision went largely unenforced. Under Julius Caesar, a ceiling on interest rates of 12% was set, and much later under Justinian it was lowered even further to between 4% and 8%. [45] The first stock exchange was opened in Antwerp in 1531. [46]
The current average interest rate for a 30-year fixed mortgage is 7.08% for purchase and 7.09% for refinance — down 3 basis points from 7.11% for purchase and 4 basis points from 7.13% for ...
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