Do you need short-term savings? Yes, you most certainly do. And it’s likely you need far more than you have stashed away somewhere. Short-term savings is more than the few hundred you stick in a statement savings account at your local bank to cover next year’s Christmas presents. True short-term savings
Bank certificate of deposit interest rates continued to move lower last week. All bank CD maturities turned lower with the exception of the long term, five year bank CDs.
Based on our most recent survey of the top ten best bank CD rates, the 6 month CD rates, one year CD rates and two year CD
There was little change among the top CD rates available nationwide for the week ending February 22, 2013. The recent survey of the best CD rates performed by SelectCDrates.com indicated that the average CD rate across multiple maturities was reduced by just 4/1000ths of a percent from the previous week. The average CD rate in
Certificate of deposit interest rates were just fractionally lower for the week ending June 18, 2010 based on the survey of bank CD rates performed by Selectcdrates.com. National CD rates for the three month, six month and two year maturities ended the week unchanged from the prior week. The one year and five
Even though the GDP numbers released last week were stronger than expected, banks continued to trim interest rates further on certificates of deposit. Financial institutions cut rates on three of the four CD terms measured in the weekly selectcdrates.com bank rate survey. While yields moved lower for the short and midterm CDs, the long term
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
The average interest rate earned on bank CDs rose by 1 basis point or 1/100th of a percentage point. Though CD rates increased, the trend has been for declining rates since the start of the year. The month of February has remained remarkably calm with CD rates gyrating very little thus far.
The highest CD rates available nationally slipped by a fraction during the first week of December, 2014. Based on the most recent survey of bank CD rates conducted by SelectCDrates.com, the average rate for the top ten best bank CDs dropped by 3/1000ths of a percent.
The average CD rate, covering all maturities in the SelectCDrates.com
It seems hard to believe that bank certificate of deposit rates could slide much lower, but the past week was in fact another down week for most all CD maturities. The results of the selectcdrates.com weekly bank rate survey indicated that CD rates were lower across all terms with the exception of the long term, five year
Bank CD interest rates moved slightly higher at the end of the holiday shortened, first week of July. Long term rates led the move to the upside with shorter term CDs holding stable over the week. The rise in CD rates was instigated by the robust monthly jobs report released on Friday, July 5th which
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
The highest CD rates offered nationally remained in a tight range for the week ending May 1, 2009. The average of the longest term CD rates, the five year term, dropped by one basis point or 1/100 of a percent for the week. The best two year CD rates increased on average by two basis
Resuming the trend that has been prevalent throughout most of 2010, national CD interest rates were down, on average, for the week ending May 28, 2010. National average certificate of deposit rates at banks and credit unions marched lower this week on the short and long end of the CD yield curve. Bank
Certificate of deposit rates managed to shift even lower for the week ending Nov 6, 2009. Bank CD rates with a six month maturity and CD rates with a two year maturity held steady while the one year rate dropped modestly and the five year fell considerably.
The average of the best six month CD rates
CD interest rates were once again little changed over the past week. The best CD rates available nationally descended lower by a very small magnitude for the week ending July 22, 2011. The Selectcdrates.com CD rate index slipped by less than one basis point or 1/100th of a percent by week’s end. The CD rate