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re: Spinoff from the Savings account thread-Interest rate related

Posted on 8/8/12 at 12:07 pm to
Posted by meldawg399
nola
Member since Oct 2008
1168 posts
Posted on 8/8/12 at 12:07 pm to
quote:

When do you guys see the interest rates on savings accounts going back up?


Depends on whether or not Barry gets re-elected. If Romney wins, maybe the economy will improve in 2-3 years; if Barry wins, add at least 4 years to that.
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 8/8/12 at 9:33 pm to
Fed has frozen rates until 2014.

You can get a 10-year for around 1.6 %.
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