CD rates

[Webdev]

Please suggest banks providing good CD rates  Need to park down payment money for 6 months , home closing in October.

[Hitman]

Buy treasury bond 

[RULER]

Avoid transferring significant sums back and forth, you have to explain those all transactions to your lender in writing to prove legitimate of the funds for closing for a mere $100 profit, which isn't worth the hassle.

[Vaaaampire]

35 minutes ago, RULER said:

Avoid transferring significant sums back and forth, you have to explain those all transactions to your lender in writing to prove legitimate of the funds for closing for a mere $100 profit, which isn't worth the hassle.

Naah. If the funds are transferred between applicants accounts, providing statements will be good enough. Assuming ts is going to use those funds for downpayment, even 50k with 4% will give 1k in 6 months

[Webdev]

15 hours ago, Vaaaampire said:

Naah. If the funds are transferred between applicants accounts, providing statements will be good enough. Assuming ts is going to use those funds for downpayment, even 50k with 4% will give 1k in 6 months

Yes, I'm going to use these funds for down payment.

[hunkyfunky2]

19 hours ago, Webdev said:

Please suggest banks providing good CD rates  Need to park down payment money for 6 months , home closing in October.

don't go to banks. Go to fidelity or any of your brokers and look for CDs in fixed income. You buy like mutual funds - choose a term - 1 month onwards . you can also choose to autoroll. 

 

[subashkompella]

19 hours ago, Hitman said:

Buy treasury bond 

How to buy 

[Sizzler]

18 minutes ago, subashkompella said:

How to buy 

Check on Fidelity… YouTube lo videos kooda dorukutayi step by step process ki. You don’t have to pay state tax on them. But CDs ki pay cheyali. 

[Webdev]

9 minutes ago, Sizzler said:

Check on Fidelity… YouTube lo videos kooda dorukutayi step by step process ki. You don’t have to pay state tax on them. But CDs ki pay cheyali. 

Treasury bonds ki emina risk untunda?

[Sizzler]

Just now, Webdev said:

Treasury bonds ki emina risk untunda?

Zero risk, they are federal backed ones.