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Mortgage and refinance rates for Jan. 2, 2025: Average rate for 30-year benchmark dips below 7.00% in new year AOL High-yield account vs. traditional savings: Why it’s worth the switch
Since the interest rates offered by high-yield savings accounts (HYSAs) are impacted by the Fed's benchmark rate, there's a good chance that your HYSA's interest rate will drop as well.
Dig deeper: How to find and open a high-yield savings account in 5 steps Earn up to 4.00% APY on savings | 0.50% APY on checking Signup bonus of up to $300 | $0 monthly fees
A high-yield savings account can earn you significantly more interest than a traditional savings account, with digital banks and online accounts offering the strongest rates, passing along ...
Savings interest rates today: High-yield accounts still offer yields up to 5.10% even as Fed cut looms — Dec. 12, 2024
The year's highest savings rates have eased down in the wake of two Federal Reserve cuts, with the potential for lower yields after the Fed's final policy meeting in just a few weeks, when it's ...
At the conclusion of its eighth and final rate-setting policy meeting of the year on December 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
At the conclusion of its eighth and final rate-setting policy meeting of the year on December 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...