CNET9 hours agoBest Savings Rates Today -- Score Up to 5.55% APY Following Inflation Report, July 11, 2024CNET - Liliana HallKey Takeaways Top high-yield savings accounts earn up to 5.55% APY. • Experts predict rate cuts later this year. • Even if rates fall later this year, high-yield savings accounts will continue to offer better APYs than traditional ones. The top high-yield savings accounts earn annual percentage yields, or …
CNET10 hours agoBest CD Rates Today -- APYs Hold High Following Inflation Report, July 11, 2024CNET - Kelly ErnstKey takeaways Today’s top CDs boast APYs up to 5.35%. • Experts expect the Fed will cut rates in the coming months. • Locking in one of today’s top APYs now will protect your earnings from rate drops when they occur. Certificate of deposit rates remain attractive this week, but the clock is ticking. …
CNET11 hours agoCooling Inflation Could Bring Lower Mortgage Rates. Today's Mortgage Rates on July 11, 2024CNET - Katherine WattThe average interest rate for a standard 30-year fixed mortgage is 6.97% today, down -0.08% since one week ago. The average rate for a 15-year fixed mortgage is 6.44%, which is a decrease of -0.09% from the same time last week. For a look at mortgage rate movement, see the chart below. The Federal …
CNET11 hours agoRefi Rates Improve for Homeowners Alongside Better Inflation Data. Refi Rates on July 11, 2024CNET - Katherine WattToday’s average refinance rates Today’s average mortgage rates on Jul. 11, 2024, compared with one week ago. We use rate data collected by Bankrate as reported by lenders across the US. See all of today’s mortgage rates Mortgage rates constantly change, but there’s a good chance they’ll fall this …
CNET12 hours agoUS Prices Drop Slightly in June, Raising Hopes for Interest Rate Cuts in SeptemberCNET - Tiffany ConnorsKey takeaways Inflation declined .1% month over month in June and rose 3% year over year, according to today’s Consumer Price Index report. • Core inflation rose 3.3% year over year in June, the smallest year-over-year increase since April 2021. • A quarter of softening inflation numbers and a cooling job …
CNET12 hours agoToday's Inflation Data Could Push Mortgage Rates DownCNET - Katherine WattThe battle against inflation is a long haul. But today’s data proves there’s been some progress. The Consumer Price Index, a measure of the cost of food, housing, gas, utilities and other goods, shows prices increasing by 3% year over year. That’s slightly lower than what markets and experts …
