Through 4/30/07 HSBC is offering a 6 % rate on savings accounts. This is only for “new money”. So it will not jump up the rate on any money you currently have on deposit (arg), but if you add new money to your account, it will receive the new rate. Here is the fine print [...] Read more »
High Interest Saving Accounts
I’ve tried two higher interest saving accounts. These rates beat any local rates I could find by a long shot. The first one was ING Direct. The whole process was very simple for this bank. Their website is very friendly and easy to navigate. Transferring money into the account was also a snap. HSBC was [...] Read more »
Fed Leaves Key Rate Unchanged
Federal Open Market Committee announced today that it will keep the fed funds target rate at 5.25%. The committee determined that, though “some inflation risks remain,” the economy is expected to grow at a “moderate pace,” and the housing market is showing “tentative signs of stabilization.” Read more »