Posted by Interest Rates Today on 06/13/08 in CD Rate News
A little bit of a haircut for the one-year CD as the average yield dropped 3 basis points to 2.15 percent. Meanwhile, the average for the five-year grew by 6 basis points to 3.16 percent. There was very similar movement with the jumbos; the one-year yield lost 3 basis points while the five-year rose by […]
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Posted by Interest Rates Today on 01/31/08 in CD Rate News
Washington Mutual currently has one of the highest CD rates for large online banks, with a 4.0% APY rate on their 6 month CD. This is a better rate than both Wells Fargo and Bank of America are currently offering.
On top of this CD, they also have other certificates with rates ranging from 3.51% to […]
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Posted by Interest Rates Today on 12/31/07 in CD Rate News
Average CD yields slid this past week, with one-year CDs giving up 2 basis points to end up at 3.52 percent, and five-year CDs dropping 3 basis points to 3.73 percent.
Yields on jumbo CDs also fell. One-year jumbos finished at 3.88 percent, 3 basis points below last week, and five-year CDs dropped 2 basis points, […]
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Posted by Interest Rates Today on 11/28/07 in CD Rate News
Yields: 3.52 percent (1-year CD yield); 3.87 percent (5-year CD yield)
CDs continued to slide down this week, following lower short-term interest rates, with the average yield on a one-year CD dropping 2 basis points to 3.52 percent. The yield on five-year CDs dropped 1 basis point this week, to 3.87 percent.
Jumbo CDs also kept up […]
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