"Maximize Your Earnings with High-Yield CD Rates: Up to 6.5% APY Available"
TL;DR Summary
The number of certificates of deposit (CDs) offering rates of at least 5.75% is dwindling, with only five remaining. The leading national rate is currently 5.76% APY, down from 5.88% APY last week. The Federal Reserve's indication that rate cuts may occur in the future is likely to continue softening CD rates. Despite the decline, there are still attractive rates available, such as 5.50% APY for a 2-year CD. Jumbo CDs also offer competitive rates, with the leading jumbo rate currently at 5.80% APY. Savers are advised to lock in current high CD rates as rates are expected to decrease further.
- Top CD Rates Today: 5 Offers Remain That Pay 5.75% or Better Investopedia
- Why you should put $10000 into a short-term CD right away CBS News
- This CD is offering 6.5% — and 5 more certificates of deposit with APYs of 6% or higher MarketWatch
- Could CD Yields Hit 7% in 2024? - Banks The Motley Fool
- Is It Time to Lock In Those 5 Percent CD Rates for 2024? AARP
Reading Insights
Total Reads
0
Unique Readers
10
Time Saved
5 min
vs 6 min read
Condensed
91%
1,179 → 101 words
Want the full story? Read the original article
Read on Investopedia