Countrywide Savings Lowers its APY from 5.50% to 5.35%
Posted November 3, 2007 by Chuck
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Personal Finance
Personal Finance
Well after just switching from HSBC Direct to Countrywide, Countrywide has lowered their APY from 5.50% to 5.35% on the heels of the latest federal reserve interest rate announcement.
Its slightly disheartening but compared to most of the other online banks its still a good rate. ING Direct is 4.2%, HSBC is 4.50% (for now), GMAC is 4.50%. I will be sticking with Countrywide for now but as always will keep my eye out for something better.
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