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The rate can be fixed or variable, depending on the annuity type, and is influenced by several factors, including market interest rates, inflation, taxation, fees, and performance of underlying ...
During the pandemic, the Fed slashed interest rates to nearly zero, and the APY on CD accounts dropped as well. In June 2021, the average 12-month CD rate was just 0.12%.
Knowing the current student loan interest rates and ranges for 2025 can help you figure out how much it could cost to borrow money for a college education.