Maximizing Your CD Investment: Insights and Updates for June 21, 2023.
TL;DR Summary
The top national rate on a 1-year CD has increased to 5.52% APY, while the best overall rate remains at 5.65% APY on a 9-month certificate. The number of CDs paying at least 5.25% APY has risen to 39. The Federal Reserve has indicated that it may raise rates later this year, which could drive CD rates higher. However, it's also possible that CDs are already near peak rates. CD shoppers should compare rates across banks and credit unions to find the best deals.
- Top CD Rates Today, June 21, 2023 Investopedia
- Why a long-term CD is better than a short-term one now CBS News
- Today’s top CD rate roundup: June 21, 2023 USA TODAY
- Is the CD Rate Climb Losing Steam? Investopedia
- CD Rates Could Reach 5.6% APY This Year. But Experts Say You Shouldn't Wait to Lock In a CD CNET
- View Full Coverage on Google News
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