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Money next to flashing sirens

Bankrate’s 2024 Annual Emergency Savings Report

Banking
If you’re struggling to pay off debt and build savings, you’re not alone.
By Lane Gillespie
12 min read
Woman watering plants.

Current CD rates for September 2024

Banking
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
By Matthew Goldberg
3 min read
Savings account and money market rate forecast

Savings and money market account rates forecast for 2024: Yields will dip but remain higher than inflation

Banking
Expect savings and money market account yields to slide lower, but they still should outpace inflation
By Matthew Goldberg
2 min read

Exclusive insights from our expert analysts

“The sooner you lock in [with a CD rate], the better, because yields have peaked, but inflation is going to continue to decline throughout 2024.”

– Greg McBride, CFA

CD rates forecast for 2024: Expect banner year for savers with strong yields, lower inflation rate

The year 2023 came to a close with yields that had peaked on certificates of deposit (CDs) and other deposit accounts. Although Federal Reserve rate cuts are possible in 2024, it should remain a strong year for savers as annual percentage yields (APYs) stay high overall and inflation hopefully cools further.
Read more

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Latest articles

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Third stimulus check: How to track your $1,400 relief payment

Has your $1,400 stimulus payment arrived yet? Here’s how to check the status.
Mar 24, 2021
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7 tips for managing your finances as an unpaid adult caregiver

Consider these tips to handle your money while helping out with the needs of someone else.
Mar 18, 2021
Federal Reserve Chairman Jerome Powell speaks to reporters at a post-meeting press conference.

Fed keeps rates near zero with bounce back from pandemic in sight

The Fed is pledging to keep aggressively supporting the economy, even after the pandemic officially ends.
Mar 17, 2021
House Speaker Nancy Pelosi speaks during a news conference about the $1.9 trillion coronavirus relief bill.

Coronavirus unemployment benefits: What to know about extended relief in next $1.9 trillion relief package

All federal coronavirus unemployment programs are set to be extended through Sept. 6.
Mar 10, 2021
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Unemployment fraud is harming those with and without jobs. Here’s what to do if you’re a victim

Billions of dollars worth of wrongful unemployment payments have been paid out during the pandemic.
Mar 04, 2021
Federal Reserve Chairman Jerome Powell speaks at a testimony before Congress

Yield curve control, explained: How soon this ‘blank check’ Fed bond-buying program could happen

Here’s how this unconventional policy works to try and keep yields below a certain level.
Mar 01, 2021
Navy Federal Credit Union opened a branch on Jan. 11 in Douglasville, Georgia.

Is bank branch expansion dead? Not at Navy Federal, here’s why

Bank branches in the U.S. has been steadily declining for years, but Navy Federal has taken a different approach.
Feb 24, 2021
Illustration of individual getting a coronavirus vaccine.

Survey: 24% of adults not comfortable visiting businesses in person even after getting vaccine

Apprehensive consumers could stall a post-pandemic boom that many Americans have been clamoring for.
Feb 24, 2021
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Are we in a recession or ‘vibecession’?

Despite strong economic indicators, many Americans are experiencing a “vibecession.”
Aug 30, 2024
Whimsical illustration of a hand putting a quarter into a miniature but realistic high end safe. As if it were a piggy bank

What is the average interest rate for savings accounts?

Comparing savings rates can ensure you get the best return on your savings.
Aug 29, 2024
Financial manager meeting with couple in bank branch office

National average money market account rates for August 2024

Get the latest rates on top-yielding money market accounts.
Aug 29, 2024
A man does research on his laptop.

What is an add-on CD?

Add-on CDs can offer more flexibility than a traditional CD.
Aug 29, 2024
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What is Regulation E? Protect yourself from electronic banking fraud and errors

The rule provides a framework for settling unauthorized debit-card transactions.
Aug 29, 2024
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What is an overdraft fee and how can you avoid it?

Here are easy actions you can take to avoid the fee of get it waived.
Aug 29, 2024
woman managing personal banking and finance at home

How to change up your savings strategy as a freelancer

Working as a freelancer requires a new approach to saving money. Here’s how.
Aug 29, 2024
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Benefits of having a bank branch nearby

Local banks provide valuable in-person services that online-only banks can’t offer.
Aug 29, 2024
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No rush to refinance your mortgage just yet, experts say

Mortgage rates have fallen, but the imminent Fed cut could make them even more favorable for refinancers.
Aug 21, 2024
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What is inflation? Here’s how rising prices can erode your purchasing power

Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
Aug 14, 2024
Outside of the Federal Reserve building

How the Federal Reserve impacts personal loans

The Federal Reserve raised interest rates several times. These interest rate changes are likely to affect the rates of personal loans.
Aug 07, 2024
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What is a recession? Why the July jobs report has sparked new fears

It isn’t always about two consecutive quarters of negative GDP growth.
Aug 05, 2024
Federal Reserve Chair Powell at a podium

With the job market weakening, a September Fed interest rate cut seems imminent. How big could it be?

As the job market weakens, some economists say the Fed should’ve cut rates already.
Aug 02, 2024

How the Federal Reserve affects HELOCs and home equity loans

If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
Jul 31, 2024

How does the Federal Reserve affect mortgages?

The Federal Reserve’s decisions have ripple effects, including for mortgages.
Jul 31, 2024
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Though Fed holds lending rates steady, subprime cardholders continue to feel sting of high interest rates

Subprime borrowers are particularly affected by interest rate changes. Here’s how to prepare.
Jul 31, 2024
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