CD interest rates took a pretty big fall this past week. Economic uncertainty combined with government debt problems in the U.S. and in Europe is the biggest dynamic influencing the direction of interest rates. Based on the most recent economic figures and Fed statements, a slow economy looks to be in the forecast for some
CD interest rates made their biggest drop yet this year. The stronger than expected employment figures have just not been strong enough to counter the impact of the Fed which has used monetary easing to keep short interest rates low and bank CD rates just keep moving lower.
Based on the bank CD rate survey conducted
Bank CD rates were just modestly lower for the week ending September 11, 2009. The short term, six month CD rates took the brunt of the pain while the one year and five year CD rates held steady and the two year CD rates showed a slight loss in yield.
The best six month CD rates
As the markets absorb the new Fed policy to buy long term bonds, referred to as operation Twist, certificate of deposit rates continue to press on to lower levels. This week, CD interest rates reacted to the Fed’s desire to drive long term rates lower with CD rates experiencing yet another down week. Unfortunately, it
CD interest rates were down by just a wee bit for the week ending October 12, 2012. Based on the most recent survey of bank CD rates conducted by selectcdrates.com, the average rate found on the top ten CD rates measured by the CD rate index was off by just 1/1000th of a percent for
According to this week’s survey of the top ten best certificate of deposit rates available nationally, performed by Selectcdrates.com, bank CD rates have now reached new lows for the year. Bank CD interest rates were down for all terms or maturities again this week.
The average rate for the top ten highest 6 month bank CD
CD rates at the nation’s banks were little changed for the week ending July 8, 2011. The average rate on the top CD rates available nationally inched just negligibly on the week. The Selectcdrates.com index of the highest CD rates for the three month, six month, one year, two year and five year CD terms
Bank certificate of deposit rates were mostly lower for the week ending December 11, 2009. The short term CD rates, six month and one year maturities, ended the week with lower yields while the average yields on the two year bank CDs was unchanged and the five year term CD interest rates managed to gain
With the stock market running scared and government debt issues here and abroad putting fear into the market, interest rates remained low last week. Skittish markets generally drive funds into the Treasury market pushing Treasury rates lower which keeps a lid on the movement on most other interest rate sensitive assets in the U.S. which
CD rates remained relatively stable in the most recent survey of the top national CD rates. The average CD rate, as measured by the rates on the best three month, six month, one year, two year and five year CD rates, was unchanged from the previous week. The Selectcdrates.com weekly CD rate survey showed the
The Internet is a convenient destination for consumers, general surfers, and for investors. Online banking and online investing has become increasingly popular for both the investor and for the financial institutions. Lower overheads for the banks, in particular, mean that they can pass some of these cost savings onto their potential customers.
Online banking is one of the newest forms of banking, and it seems every traditional (and not so traditional) bank is offering online services or completely automating their activities on the internet. It may be that you have only a few bills to pay every month or that you’re still learning to navigate the
Competition among the top ranked bank CDs has reached levels not seen for more than a year or two. Over the past few weeks, rates have risen on the long end of the CD yield curve including the two year and five year maturities. Now, rates are heating up on the shorter term CD accounts.
Average interest rates on certificates of deposits moved modestly lower for the week ending March 12, 2010. Although the combined average rate for all bank CD terms measured in the weekly survey of bank CD rates performed by Selectcdrates.com, the rate drop this week was quite mild with two of the four maturities measured showing
CD rates took a little swoon downwards after the March Fed meeting concluded this past week. As many economists and Fed watchers had expected, the Fed statement released at the close of the two day meeting removed the reference to the term patience as it applies to the Fed’s plans to change monetary policy in