Will be getting proceeds from a house sale shortly ($175K or so), and then will be completing purchase of new house around December. Suggestions on best place to park the house sale proceeds in meantime? Looks like best savings rate our current bank can manage is .06% right now. Not even sure we can get that rate since we only park funds there for 4 months.

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Is the house you sold your primary residence? If not there’s a tax thing you can do to avoid capital gains if you buy another home with that money within three months (I think). That’s all the advice I have, unfortunately.

it is our primary residence so no worries on capital gains, thanks though!

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