Compare CD rates
nationally and in your area.
- 0.24% (1-year CD yields)
- 0.8% (5-year CD yields)
Grab your socks -- they may be knocked off. CD rates ticked up 1 basis point on most certificates of deposit.
A basis point is one-hundredth of 1 percent.
The average one-year CD yield did not change this week. For the fourth week in a row it was 0.24 percent. The average five-year yield is up 1 basis point to 0.8 percent.
A $100,000 deposit in a jumbo CD will get you a one-year yield of 0.27 percent. That's up 1 basis point from 0.26 last week. Also up 1 basis point was the average five-year jumbo CD yield, which rose to 0.84 percent.
For 29 weeks, the average money market account yield has held at 0.11 percent.