Posted in January 25th, 2010
Bad economic news continues to push short term certificate of deposit yields lower. The average of the top ten best six month CD rates available nationally fell by three basis points or 3/100 of a percent for the week ending January 22, 2010. Unfortunately for fixed income investors in bank CDs, short term bank CD [...]
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Posted in January 25th, 2010
Bank certificate of deposit rates were lower for the third consecutive week in 2010. The average yield for the top ten best bank CD rates available nationally fell across all maturities. For the week ending January 22, 2010 the short term bank CD rates incurred the most damage while the mid term and longer term CDs [...]
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Posted in October 19th, 2009
There is a new market leader for the best six month CD rate available nationally. The highest six month CD rate is now at 2.25% which is a startling 49 basis points or 49/100 of a percent higher than the next best CD rate with a six month term.
The highest six month bank CD rate [...]
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Posted in August 13th, 2009
California CD rates tumbled for the week but remain above the best national bank CD rates. As with most the vast majority of bank rates, California CD rates moved lower for the week ending August 7, 2009. CD rates were lower across all terms in the golden State. The highest CD rates in California have [...]
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Posted in June 24th, 2009
Over the past several weeks CD rates in Ohio have managed to tumble down a choppy path, having a detrimental impact on the the interest income by bank CD investors. This week, Ohio CD rates continued to travel down the path of lower rates once again. Not one of the CD terms displayed an increase [...]
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Posted in June 24th, 2009
Based on the weekly survey of banks in the Illinois area by SelectCDrates.com, CD rates for the week ending June 19, 2009 on average fell by a slight sum. The average for the best six month CD rates in Illinois managed to produce a gain in yield for the week, moving from an average of [...]
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Posted in June 18th, 2009
With the exception of the one year CD rates, Virginia bank CD rates were lower for the week ending June 12, 2009. The average of the best one year CD rates rose three basis pints or 3/100 of a percent for the week. The six month CD rates in the Old Dominion State fell by [...]
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Posted in June 18th, 2009
Maryland CD rates dropped, almost across the board, for the week ending June 12, 2008. The five year CD rates in Maryland managed to hold their ground and were unchanged for the week at an average of 3.65%. The Maryland two year CD rate average fell by two basis points or 2/100 of a percent [...]
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Posted in June 16th, 2009
Illinois CD rates moved in opposite directions between the short term CDs and long term CDs. Illinois CD rates with a six month term went down two basis points or 2/100 of a percent for the week with the average of the best six month CD rates landing at 2.22%. The average of the one [...]
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Posted in June 15th, 2009
The average for the best six month certificate of deposit rates available nationally dropped rather markedly this week. The average of the top ten six month CD rates fell by four basis points or 4/100 of a percent for the week ending June 12, 2009. This drop follows a similar reduction in the prior week.
The [...]
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