CD Rates: Experts Predict Future and Alternatives to Consider

The top-paying certificates of deposit (CDs) are holding steady with 32 certificates paying 5.25% APY or better. The highest rate you can earn on a nationally available CD of any length remains 5.65% APY, offered for a 9-month term. The Federal Reserve's rate-setting committee is expected to hold rates where they are now, which could mean CDs are at or near peak levels. CD rates are expected to plateau if the Fed pauses or rise further if it announces another increase.