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CD rates rose recently in some states

By Sheyna Steiner ·
Wednesday, June 30, 2010
Posted: 12 pm ET

According to Market Rates Insight, a few states have experienced a rise in CD rates or no decrease in rates despite the downward drift nationally.

According to the analysis, the states that experienced the greatest increase in CD rates over the first half of 2010 were Illinois, Louisiana and New York.

States that have experienced the greatest drops in CD rates were New Jersey, Michigan, Virginia, Pennsylvania and West Virginia.

The greatest increase in rates happened in Illinois, up 0.08 percent while the biggest rate tumble was found in New Jersey, where rates fell 0.58 percent.

Luckily investors from any state can take advantage of higher CD rates  all over the country and online. Use Bankrate’s national database to find the highest yields anywhere, no matter where you live.

Have you had better luck with local CD yields or online?

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