APYs Are High, but They Could Fall Soon. Best CD Rates for Today, June 25, 2024 [CNET News]
Ally Financial Inc. (ALLY)
Last ally financial inc. earnings: 4/20 07:30 am
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Source: CNET News
Key Takeaways You can earn up to 5.35% APY with today's top CDs. Experts expect rates will fall, making now a great time to secure a high APY. In addition to competitive rates, CDs offer low risk, guaranteed returns and federal deposit insurance. Certificate of deposit rates remain high following the Federal Reserve's rate pause earlier this month. But that may not be the case for long. “I believe the Fed's latest rate pause will mean that CD rates will start to come down. These rates could come down before an actual cut is made by the Federal Reserve,” said Faron Daugs, CFP, founder and CEO at Harrison Wallace Financial Group Today's top CDs offer annual percentage yields, or APYs, up to 5.35%. And by opening one now, you can lock in a high APY and protect your earnings from rate cuts when they happen. In other words: The sooner you act, the greater your returns could be. Experts recommend comparing rates before opening a CD account to get the best APY possible. Enter
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News
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ALLY
Earnings
- 4/19/24 - Beat
ALLY
Sec Filings
- 6/25/24 - Form 424B2
- 6/24/24 - Form 424B2
- 6/17/24 - Form 424B2
- ALLY's page on the SEC website