PNC Mortgage Rates
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PNC Mortgage Rates
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CD rates reversed last week’s mild rate reduction and pushed slightly higher for the week ending July 6, 2012.  The average CD interest rate in the CD rate index advanced but less than one basis point.  The average CD rate was up by just 1/1000th of a percent pushing the CD rate index
CD interest rates worsened considerably over the past week while most bank rates and Treasury rates remained relatively stable.  Greater stability in CD rates may have been expected this week as well since the stock market appears to be shrugging off concerns over European debt issues and dismal U.S economic growth.  The strengthening stock market is
CD interest rates continue to plunge as banks remain awash with reserves and investors flock to the safety of U.S. Treasury bonds.  CD interest rates have suffered from a number of fronts including the biggest force coming from the Fed’s position in 2011 to drive bank rates down in an effort to help the housing