Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the ...
Savers hunting for yield have reason to look again at certificates of deposit, as some of the highest offers now sit above ...
Certificates of deposit are paying their richest yields in years, with a fresh market scan showing many offers above 4.00%. The round-up highlights a nationwide push by banks and credit unions to ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. After soaring yields in 2023 and 2024, a shift in Fed policy will likely push rates ...
This week, the Fed cut interest rates by 0.25% -- dropping the benchmark rate to its lowest level in three years. If you're holding cash in a high-yield savings account (HYSA) or considering CDs, the ...
It often pays for retirees to put money into CDs. I'm not close to retirement, so I'm more focused on stocks these days. CDs are a good option when saving for near-term goals, not long-term ones. The ...
In the high-interest-rate economic climate of 2022 through most of 2024, savers could seemingly do no wrong. But the economy is considerably different than it was just a few short years ago. The ...
Interest rates have cooled over the past 14 months, with the Federal Reserve appearing to mirror its late-2024 pattern of rate cuts. The central bank lowered its benchmark rate by 0.25% in both ...
CDs feel like the easy choice right now with 4% guaranteed returns. But locking up your money for a year or more while the financial world shifts around you isn't always the smartest move. Here's how ...
On average, certificate of deposit rates are pretty paltry: Average CD yields this month range from just 0.23% for 1-month terms, to 1.7% for 12-month accounts, according to the largest government ...