The money market rates 2010 outlook should be more of the same as 2009 was. With a weak economy, the Federal Reserve will be keeping the interest rates low to inspire growth through financial loans. This will require the financial sector to start issuing more loans which they have been reluctant to do.
The global outlook [...]
With the AmericaNet Bank Money Market Rates above the national norm, I felt compelled to write about them. AmericaNet Bank is a branch of the All America Bank out of Oklahoma. This financial institution has been operating since 1969 and is FDIC insured.
The Mega Money market account is essentially a free checking account with limitations. [...]
How to choose the right money market account depends on what you need and are looking for. With this type of account, things are not always what they appear to be. Most investors and people saving money would think that the highest interest rate would bring the most for their money. Be aware of the [...]
Today we’re looking at the best money market rates around the country. Our job here at Money Market Rates 101 is to show you what’s out there so you can see what’s available and how it compares to what you might have now or what you might consider getting. You never know if your money [...]
Finding the best money market rates is getting more difficult as bank interest rates decline nationwide. I hope that this article helps you to find the best money market rates.
The best money market rates nationwide are currently,
Best Money Market Rates
Darby Direct, Vidalia, Ga. 3.00%
Centennial Bank, Fountain Valley, Calif. 2.28%
GMAC Bank, Midvale, Utah 2.25%
Corus Bank, Chicago 2.19%
iGObanking.com, Lake Success, N.Y. 2.12%
Darby [...]
Recently on CSPAN, Rep. Paul Kanjorski (D-PA) discussed the reasons for the bank bailout in September. The CSPAN video below is amazing. Representative Kanjorski states that on September 18, 2008 there was widespread panic among money market account holders. Within hours over $550 billion was withdrawn from moeny market funds across the nation. While the [...]
Learning how to choose money market savings accounts is vital to finding the right money market account to open. Money market savings accounts provide higher savings rates than savings accounts, but don’t have the high risk involved in investing in stocks and bonds.
Unlike investing in stocks and bonds, money market accounts are FDIC insured. FDIC [...]
What is a Money Market Savings Account?
Money market savings accounts are excellent bank accounts to start saving money. Typically, money market rates are higher than savings account rates. This higher interest rate is what makes money market accounts good investments for saving money.
A money market account is also a pretty safe investment. When you are [...]