Report Abuse
You have chosen to report the following comment as abusive, offensive, or inappropriate.
It's really difficult to say whether the 4.84% rate is a good deal, since it will reset to a yet unknown inflation rate on Nov. 1 (which is the change in CPI from March to September). Now assuming continued inflation, the rate could increase, but it is also possible that the CPI is flat and your overall rate could be 0%. The rate would be the %change of March to September CPI (annualized, so multiply by 2). When the rate is so low that you want to bail out, DO NOT bail out right away, since you forfeit 90 days interest if held less than 5 years - so you want the 90 days forfieted to have the lowest yield, so basically when the rate is lousy, you need to hold on for another 3 months. <br> <br> Sorry I can't be more specific whether this rate is OK or not.
By Mark
