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CD Rates Are Headed Back Down This Week
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Some economists also believe GDP might actually grow in the third quarter between three and four percent. A stronger economy will eventually lead to higher interest rates. Higher rates on certificate of deposit accounts, online savings accounts and mortgage rates Bank CD RatesThe national average rate for 3-month certificate of deposits are down to 0.640 percent this week, down from the prior week’s average 3-month CD rates at banks of 0.705 percent. Average 6-month certificate of deposit rates are back under 1.oo percent at 0.918 percent this week, down from the previous week’s national average 6-month CD rate of 1.051 percent. You can find higher CD rates than the national average rates. The average one-year certificate of deposit rate is now at 1.201 percent, down from the prior week’s average CD rate of 1.441 percent. Currently, Maspeth Federal S&L is offering one of the best CD rates for a 12-month CD, their current rate is 2.10 percent. Average 18-month certificate of deposit rates are down to 1.357 percent, a decline from last week’s average 18-month CD rate of 1.622 percent. Broadway National Bank is offering one of the highest CD rates for an 18-month CD, their current rate is 2.30 percent. The average two-year certificate of deposit rate is at 1.651 percent this week, down from last week’s national average two-year CD rate of 1.879 percent. Average three-year certificate of deposit rates are down to 1.948 percent this week, down from the previous week’s average three-year CD rate of 2.201 percent. The average four-year certificate of deposit rate is now at 2.117 percent, down from the prior week’s average CD rate of 2.452 percent. Average five-year certificate of deposit rates are down to 2.442 percent, down from last week’s average five-year certificate of deposit rate of 2.772 percent. |
Rate Tables       Banking & Finance InformationBest CD RatesCD Calculator CD Rates Mortgage Calculator Mortgage Rates RatesORama.com Savings Account Rates Banking Articles12 Month CD Rates: PenFed Tops Our 1 Year CD Rates List at 1.16% APYCD Rates: 1 Year Bank CD Rates 2012 National CD Rates: Average 2 Year CD Rate at 0.90%, Highest 2 Year CD APY at 1.50% Ally Bank CD Rates – 1 Year Bank CD Rates at 1.19% Staying Ahead the Inflation Rate on Your Investments Deposit Rates Staying Low for the Rest of 2011 Highest National CD Rates: E-Loan Still Tops Our 12 Month CD Rates list at 1.25% Texas CD Rates: Top 12 Month CD Rate 1.25% APY 1.26% Best National 1 Year CD Rates: Highest APY at 1.26% CD Rates May 31: Average CD Rates Continue to Decline |
CD rates are going back down again this week after two conecutive weeks of increases. Most economists believe the economy has turned around and will grow again during the second half of 2009.
