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.
Read »Difference Between 5-Year and 1-Year CD Rates Hits High - Weekly Rate Update
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4 weeks 6 days ago – Made popular 4 weeks 5 days ago
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