Record-Breaking CD Rates: Earn Up to 5.70% APY Today

The top CD rates in every term are holding at record levels, with the highest nationally available rate currently at 5.70% APY for an 18-month term. There are multiple options to secure excellent rates for various durations. The Federal Reserve is expected to raise the federal funds rate, but many financial institutions have already factored this into their CD rates. It is possible that CD rates could rise slightly, but the impact may be small. It is advised to shop around and compare rates before making a final decision.