Interest Rate Roundup
Compare CD rates
nationally and in your area.
- 1-year CD yields: 0.27%
- 5-year CD yields: 0.88%
Rates on certificates of deposit were a mixed bag in this week's rate survey.
Unchanged for the fourth week, the average one-year CD yield was 0.27 percent. The average five-year yield gained 1 basis point this week; it's now 0.88 percent.
A basis point is one-hundredth of 1 percent.
For a deposit of $100,000, the average one-year jumbo CD will be slightly more rewarding. The average yield was up 1 basis point to 0.3 percent. For the seventh week in a row, the average five-year jumbo CD yield was 0.92 percent.
The average money market yield was 0.09 percent, where it has been for 21 weeks.