Regarding AARP's drop of rates by 1% in less than a month. Those who got 4.5% & 4.05% at least for now should just look at is as a great rate on a short term CD. I imagine that once word got out that AARP & Huntington Bancshares had teamed up for such a generous offer above market rate then the program became a victim of its own success. Based on what I am seeing 3.5% has become the best rate the market can sustain. Its not great, but it much better that what brick-n-mortar offers right now and its a liquid cash account. Many brink-n-mortar banks have this rate for CDs and require a 3+ years lock up. And we all know rates will be going higher in the very near future. I remember my mother cashing in her last 10 year CD she took out in the mid-late 80's for something like 12%. The renewal rates where nothing near it. Good luck.
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