Interest Rate Roundup
Compare CD rates
nationally and in your area.
- 1-year CD yields: 0.27%
- 5-year CD yields: 0.87%
Rates on some certificates of deposit dipped again in this week's rate survey.
The average one-year CD yield was 0.27 percent for the second consecutive week. The average five-year yield dropped 1 basis point to 0.87 percent. A basis point is one-hundredth of 1 percent.
For a $100,000 deposit, the average one-year jumbo CD yield was 0.3 percent for the fourth week. The typical five-year jumbo yield was 0.92 percent for the 10th straight week.
The average money market yield was 0.09 percent for the 24th week in a row.