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The Water Cooler
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Reverse Mortgages
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<blockquote data-quote="Werewolf" data-source="post: 1329518" data-attributes="member: 239"><p>Paying the monthly balance down to ZERO is smart and absolutely the way to go.</p><p> </p><p></p><p> </p><p>Please share with us what kind of and where you place cash that currently earns you more than 1.9% APR.</p><p> </p><p>Money market accounts are paying below 1% even with balances over $50K and even long term CD's barely break 1.5% these days. I won't even mention savings account interest rates as they're close enough to 0 to be 0.</p><p> </p><p>So share, won't you, where you're putting your cash.</p></blockquote><p></p>
[QUOTE="Werewolf, post: 1329518, member: 239"] Paying the monthly balance down to ZERO is smart and absolutely the way to go. Please share with us what kind of and where you place cash that currently earns you more than 1.9% APR. Money market accounts are paying below 1% even with balances over $50K and even long term CD's barely break 1.5% these days. I won't even mention savings account interest rates as they're close enough to 0 to be 0. So share, won't you, where you're putting your cash. [/QUOTE]
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