nirvinerealtor_IHB
New member
<p>I opened a CD account last week and was surprised to see the rate options as follow,</p>
<p>1-3 month - 1.09%</p>
<p>8 month - 4.89%</p>
<p>9 -17 month - 3.12%</p>
<p>60-120 mont - 3.2%</p>
<p>I know many of you are financial expert. Would you please explain the upside down rate for the 8-month term. The long term 60-120 month at 3.2%? I take it that the 5/1 ARM and 10/1 ARM products are heading south?</p>
<p>Thank you in advance for you time.</p>
<p>1-3 month - 1.09%</p>
<p>8 month - 4.89%</p>
<p>9 -17 month - 3.12%</p>
<p>60-120 mont - 3.2%</p>
<p>I know many of you are financial expert. Would you please explain the upside down rate for the 8-month term. The long term 60-120 month at 3.2%? I take it that the 5/1 ARM and 10/1 ARM products are heading south?</p>
<p>Thank you in advance for you time.</p>