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Difference Between 5-Year and 1-Year CD Rates Hits High - Weekly Rate Update

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Most savings and CD rates hit record lows last week, except for the 5-year CD, which continued to show gains in yield. Average savings rates reached a new record low of 1.46% APY, down 1 basis point from 1.47% APY the previous week. Average one-year cd rates fell 3 basis points to 1.82% APY. Average three-year cd rates dropped two basis points to 2.61% APY.

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Created by phillanuto 29 weeks 4 days ago – Made popular 29 weeks 4 days ago
Category: Banking Deals   Tags:

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