Bank CD rates are down again this week. The declines were in all categories from 3 month certificate of deposit rates to 5 year certificate of deposit rates.

Average CD rates have been on a decline for over a year now. One of the best CD rate deals out there now includes H&R Block Bank’s 6 month CD, which currently has an annual percentage yield of 2.00 percent.

The average rate for a 3 month CD is down to 0.605 percent this week, down from last week’s average rate of 0.682 percent. Broadway National Bank is offering one of the top CD rates for a 3 month CD with the yield currently at 1.35 percent.

6 month certificate of deposits are averaging 0.878 percent, down from last week’s average rate of 1.024 percent. Community Fed Savings Bank is also offering one of the highest CD rates for a 6 month CD. The APY is 2.00.

Average rates on 12 month CDs are currently at 1.161 percent, down from the prior week’s average rate of 1.343 percent.

The average rate for an 18 month certificate of deposit is at 1.325 percent this week, down from last week’s average CD rate of 1.541 percent.

Two year certifcate of deposit rates are averaging 1.631 percent, down from the previous week’s average rate of 1.801 percent.

Average rates on 3 year CDs are at 1.934 percent, down from last week’s average rate of 2.116 percent.

The average rate for a 4 year certificate of deposit is currently at 2.164 percent, down from 2.322 percent.

5 year certificate of deposit rates are averaging 2.433 percent, down from the previous week’s average rate of 2.562 percent.