0
What else can I help you with?
Why is investing in a money market risker than a CD?
CD is FDIC insured, but money market mutual fund is not.
How does the risk involved in a money market mutual fund compare with the risk of a certificate of deposit (CD)?
the risk of the money market mutual fund is slightly greater than that of the CD
Time deposits consist of?
CD, Money market, bonds
what is highest money market &cd rates in my area?
Bank of America has lots of great options. what is your best CD rate for short-term? Also Money market rate. Thank you!
How does the risk involved in a money market mutual fund compare with the risk of a certificate of deposit?
The risk of the money market mutual fund is slightly greater than that of the CD
How does the risk involved in a money market mutual fund compare with the risk of certificate of deposit?
The risk of the money market mutual fund is slightly greater than that of the CD
What are average money market rates?
Assuming you mean a money market CD, the average rates are pretty bad, ~1.5%. For savings accounts, it's even worse, at
Has the recent economy reduced the money market rates ?
Money market rates have remained steady. They are typically very low compared to interest rates on CD's and stocks.
what are the highest money market and cd rates in the metrowest area of greater boston?
According to bankrate.com Century Bank in Boston is offering a one year CD at .5% APY on minimum deposit of $1000. The best money market is at Everbank and is 1.83%.
What is the typical CD interest rate at this time, and how does it compare to money market accounts?
Interest rates change daily on CD's. The best place to check for updated daily interest rates is the site bankrate.com. You can compare how these rate against Money Market Accounts as well.
What is the difference in the rates over a year or two for CD and money market accounts?
The difference between one year and two year CD's is around a half of a percent. A money market account has the lowest return at around one percent. CD interest rates are higher than MMA accounts. CD's are locked in for a longer period of time while MMA accounts are not.
What are current money market and CD rates in Springfield, IL institutions ?
I think CD yield a little bit more than money market, around 3 to 5 percent for 6 or 12 month deposits. They don't vary that much. Most are around 3 to 5 percent. I am interested in your 3-5% CD 6 mos - please respond.
