2006-07-22 05:24:42 · 5 answers · asked by sabrinakajewel 1 in Business & Finance ➔ Other - Business & Finance
Interest rate for what?
Bank interest rates change with every bank.
CD's are up for the moment.
Stocks are down.
I suggest putting average funds into mutual funds, and investing in more CD's.
2006-07-22 05:27:16 · answer #1 · answered by Anonymous · 0⤊ 0⤋
What interest rate are you referring to? For example, Japan banks just started charging interest again after more than 10 years of not charging interest. Mortgage interest rates in the US, although higher now than in the past 4 years, are still much lower that they were in the 1980s and 1990s.
Interest rate on checking and savings accounts in the US are low.
Can you be more specific?
2006-07-23 14:37:36 · answer #2 · answered by ps2754 5 · 0⤊ 0⤋
Rates are still very low from a longer term historical perspective. There was a time when a mortgage went for 20%.T-bonds were 15%.
2006-07-22 12:28:25 · answer #3 · answered by oldmoose2 4 · 0⤊ 0⤋
It's relatively low but getting higher all the time.
2006-07-22 12:27:59 · answer #4 · answered by anthonydavidpirtle 3 · 0⤊ 0⤋
It is still low. Invest in property.
2006-07-22 12:26:46 · answer #5 · answered by Trollhair 6 · 0⤊ 0⤋