What lower inflation and Fed rate cuts could mean for I Bonds, CDs and savers [Yahoo! Finance]
Ally Financial Inc. (ALLY)
Last ally financial inc. earnings: 4/20 07:30 am
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Source: Yahoo! Finance
While it's still possible to snag solid rates on a certificate of deposit, some of the best deals this year were offered back in January. And many experts warn that rates are likely to come down further in the months ahead. Right now, the highest promotional rate on a one-year certificate of deposit is 4.75%, according to Bankrate.com data. That's down from the highest offer of 5.66% in January. The same's true for promotions on five-year CDs, which now top around 4.25%, down from 4.75% in January. To be sure, average rates are far lower than promotional rates. The average one-year CD rate is 1.98% currently. The average five-year CD rate is 1.42%, according to Bankrate.com. "Deposit rates have started to come down a little bit, but they're still elevated," said Ted Rossman, senior industry analyst for CreditCards.com and Bankrate.com. But, again, people will have to shop around for the better promotional rates. Shopping around for a CD is key The story with finding high-yi
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News
- Best CD Rates Today, Oct. 4, 2024: Don't Let High APYs Pass You By [CNET News]CNET News
- Best CD Rates Today, Oct. 3, 2024: Lock in a High APY While You Still Can [CNET News]CNET News
- Best CD Rates Today, Oct. 2, 2024: Last Call for High APYs [CNET News]CNET News
- Carvana stock price is up 228%, but a red flag just emerged [USA TODAY]USA TODAY
- How To Establish The Big A's Of The Sales Process [Forbes]Forbes
ALLY
Earnings
- 7/18/24 - Beat
ALLY
Sec Filings
- 10/4/24 - Form 4
- 10/4/24 - Form 4
- 9/3/24 - Form 424B2
- ALLY's page on the SEC website