Honey I put us $45,000usd in debt without asking. Love you! - eviltoast
  • 𝔼𝕩𝕦𝕤𝕚𝕒@lemmy.worldOP
    link
    fedilink
    arrow-up
    2
    ·
    edit-2
    1 year ago

    I have “great” and got told 13% a month or two ago. Didnt know the market was all futzed and asked if i did something wrong. Can you believe I passed on buying lmao

    Have they stabilized?

    • whatwhatwhatwhat@lemmy.world
      link
      fedilink
      arrow-up
      3
      arrow-down
      1
      ·
      1 year ago

      I have “good” and was offered 9% in early October.

      One good sign is that banks are lowering their rates for longer term CDs. I’m seeing 1 year CDs in the 6% range, but a 5 year CD is more like 2%-3%. This means that the banks expect the fed to lower rates in the next few years.