Date:
Wed, July 18, 2007 05:43:01 PMFrom:
DallasNews.com Biz Insight
Subject:
Dallasnews Biz Insight Subscribers
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July 18, 2007 |
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TOMORROW'S INSIGHTS TODAY: Scott Burns
![]() Finding the best CD ratesQuestion: How do I go about finding the best CD rates? C. M., by email Answer: The two major web sites that provide yield information are www.bankrate.com and www.banxquote.com. In early July, Banxquote was showing that the best yield on a one-year bank CD was 5.50 percent, while the national average was only 3.73 percent. The difference is a big incentive to do some real comparison shopping when looking for yield investments. When you drill down to look for yields on bankrate.com, for instance, you'll find that the Internet-based banks tend to offer the high yields, while the big brick-and-mortar banks are offering yields that can be half, or less. |
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