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CD rates nationally and in your area.
CDs
- 0.31% (1-year CD yields)
- 1.03% (5-year CD yields)
Rates on certificates of deposit for most maturities surveyed fell this week.
The average yield on a one-year CD dropped 1 basis point to 0.31 percent. The average five-year yield is down 2 basis points to 1.03 percent. A basis point is one-hundredth of 1 percentage point.
A deposit of $100,000 will buy a jumbo CD, which should theoretically boast higher yields. The average one-year jumbo CD yield is unchanged this week at 0.34 percent. The average five-year yield is down 2 basis points to 1.04 percent.
The average money market account yield is unchanged at 0.12 percent.