Here are the top-yielding 3-year CDs — with some accounts paying up to 5.13%. By taking advantage of the generous APYs offered on top-yielding CD accounts, you could grow your savings with almost zero risk. Savings rates on CDs have been on the rise since last year, following the Federal Reserve’s effort to lower inflation through several interest rate hikes. And as interest rates have risen, many banks have begun offering even more competitive yields on savings accounts. At their most recent me
On July 17, 2023, Quorum Federal Credit Union filed a notice of data breach with the Attorney General of Maine after discovering that a vulnerability within the file transfer software.
What’s our Federal Reserve concerned about? I was in a restaurant last night in Truckee, California, and was shown the table and handed the menu. When the waiter came back five minutes later, he said, “While you were deciding, we raised our prices.” Okay, a little inflation exaggeration humor there, but things are certainly always changing. Remember when everyone thought Amazon or Zillow were going to take over lending? Zillow is shuttering its closing and title services division. Something else that always changes is the population: 10,000 people a day turn 62, and many are eligible for a reverse mortgage, and so many lenders and LOs see reverse being a growth field. (Carol Ann Dujanovich, VP/Director of Reverse Mortgage Operations with University Bank, is featured on today’s 30 minute Rundown at 12PM PT on what’s made its Reverse Platform successful over the years.) (Today’s podcast can be found here and this week’s is sponsored by Gal
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