|
Find the Best CD Rates in Your Area
Even though economists are forcasting the economy will grow this quarter and next the fed isn’t concerned about inflation at this point because there is ”substantial resource slack”. Fed speak for too many idle factories and unemployed people to cause companies to raise prices or wages. Another factor that will keep a lid on inflationary pressures is the productivity rate which has gone up to a very high rate of 6.2 percent in the second quarter. Companies are doing more with less employees causing productivity to skyrocket. Current CD RatesThe average rate on a 3-month certificate of deposit is currently at 0.684 percent for the week ending August 14, 2009, down from the prior week’s average CD rate of 0.701 percent. Ally Bank is offering one of the highest CD rates for a 3-month CD, their current rate is 1.14 percent. 6-month CD rates are averaging 0.937 percent this week, down from the previous week’s average CD rate of 0.988 percent. You can find 6-month CD rates at banks that are higher than the national average rates. Today’s 6-month CD rate at AIG bank is 1.55 percent. 12-month CD rates are averaging 1.257 percent this week, down from the prior week’s average rate of 1.271 percent. Discover Bank is offering one of the top CD rates around for a 12-month CD, their rate is currently 1.98 percent. The average CD rate on 18-month certificate of deposit is at 1.409 percent this week, down from the prior week’s average rate of 1.418 percent. 24-month certificate of deposit rates are averaging 1.686 percent this week, down from last week’s average CD rate of 1.692 percent. The average certificate of deposit rate on a 36-month CD is at 1.975 percent today, down from the prior week’s average CD rate of 1.978 percent. 48-month CD rates are averaging 2.203 percent the week ending today, down from last week’s average CD rate of 2.205 percent. 60-month certificate of deposit rates are averaging 2.449 percent this week, down from the previous week’s average rate of 2.450 percent. Looking for the best CD rates in your zip code? MonitorBankRates.com has CD rates a lot higher than the national average CD rates. Search for CD rates using our CD rate tables. Search for The Best CD Rates Here |
Rate Tables   Weekly Bank RatesMortgage RatesCD Rates Money Market/Savings Rates Checking Account Rates Banking & Finance InformationBank CD RatesBank Mortgage Rates Bank Savings Accounts blog.HSH.com/Mortgage News CD Rates Certificate of Deposit Accounts FDIC Insured Up To $50 Million Credit Union CD Rates Credit Union Mortgage Rates Credit Union Savings Accounts FHA Mortgage Rate Information Looking for the Best Mortgage Rates Mortgage Rates Mortgage Refinance Rates Personal Finance Rates Mortgage Refinance Rates Savings Accounts Banking ArticlesColorado Federal Savings Bank CD Rates Redstone FCU CD Rates Evergreen Bank CD Rates Emigrant Bank’s Emigrant Direct CD Rates MSCU CD Rates Flagstar Direct 6 Month CD Rate at 1.24% EverBank CD Rates CD Rates at Credit Union of Ohio CD Rates & Jumbo CD Rates from Capital One Direct Banking & Costco Georgia Federal Credit Union Current CD Rates CD Rates: First Florida Credit Union CD Rates CapitalSource Bank Current CD Rates Delaware Federal Credit Union Certificate of Deposit Rates Think Mutual Bank Current CD Rates Alabama State Employees Credit Union Current CD Rates First Internet Bank CD Interest Rates Eastern New York Federal Credit Union CD Rates Citizens-Union Savings Bank CD Rates Alabama Central Credit Union Current CD Rates OneUnited Bank Best CD Rates Maspeth Federal Savings Best CD Rates CU of New Jersey Credit CD Rates Cal State L.A. FCU CD Rates Middlesex Savings CD Rates NWHCU CD Rates Lafayette Ambassador Bank CD Rates American Bank Online CD Rates Milford Bank CD Rates Asheville Savings Bank Best CD Rates Alabama Central CU Best CD Rates Acacia Federal Savings Bank Best CD Rates Framingham Municipal CU Certificates of Deposit Beal Bank CD Rates Best CD Rates in Raleigh, North Carolina Teachers FCU CD Rates Redstone FCU CD Rates Best 12 Month CD Rates in Tucson, Arizona PenFed CD Rates Great Lakes Credit Union Highest CD Rates Lafayette Ambassador Bank Best CD Rates |
The Federal Open Market Committee (FOMC) meet for two days this week to decide the future direction of monetary policy. As expected, the FOMC decided to keep the fed funds rate in it’s current targeted range of zero percent to one quarter percent.