latest CD rates from Schwab. Congrats to 15 and 30 year mortgage holders below 3.4% lol

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Submitted by flu on June 14, 2018 - 5:53am

1 Month 1.815
3 Months 2.01
6 Months 2.111
9 Months 2.155
1 Year 2.400
2 Years 2.800
3 Years 3.000
5 Years 3.300
10 Years 3.40

Those of you that got below 3% 15 year fixed mortgage or below 3.4% 30 year mortgage.. Congrats... your money can now sit in a safe no brainer and pay for your borrowing costs....

Damn, should have kept my 2.75% mortgage and antied up and bought two additional rentals with the free cash.

Hope to see 4% soon.

Why again would existing homeowners want to sell unless some unforeseen financial hardships?

Rent prices still going crazy and even more old homeowners' borrowing costs soon to go below no frills CD rates.

Submitted by spdrun on June 14, 2018 - 9:13am.

Market is driven by what buyers can afford though. Most buyers don't have an equal amount of cash in a CD...

Submitted by FlyerInHi on June 14, 2018 - 1:15pm.

Gary Cohn is saying that higher rates and trade wars would create inflation that would obviate the tax cuts.

Save your money to buy properties next recession. Always buy low.

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