http://www.bankaholic.com/cd-rates-resume-their-slide-this-week/ Compare the Best CD (Certificate of Deposit) Rates, Highest Money Market Rates, Best Savings Accounts, Bank Deals, Interest Rates and Bank Reviews! Fri, 19 Mar 2010 15:52:52 -0400 http://wordpress.org/?v=2.8.4 hourly 1 http://www.bankaholic.com/cd-rates-resume-their-slide-this-week/comment-page-1/#comment-170510 brian Sun, 28 Jun 2009 13:16:20 +0000 http://www.bankaholic.com/?p=2771#comment-170510 Yes, the FED will likely keep interest rates low for an extended period of time. As far as CD rates go, if rates go much lower there will be NO incentive for anyone to invest in them. Already, the top liquid money market accounts offer rates better then most CD's with maturities under 1 year. The online banks can't afford to continue to lower rates and still keep customers who would normally bank at large B&M banks that traditionally pay lower rates but offer more ATM's and other advantages over their online competitors. Yes, the FED will likely keep interest rates low for an extended period of time. As far as CD rates go, if rates go much lower there will be NO incentive for anyone to invest in them. Already, the top liquid money market accounts offer rates better then most CD’s with maturities under 1 year. The online banks can’t afford to continue to lower rates and still keep customers who would normally bank at large B&M banks that traditionally pay lower rates but offer more ATM’s and other advantages over their online competitors.

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