MonitorBankRates

Shorter Term Certificate of Deposit (CD) Rates are the Best Deals These Days

My colleagues and I have been recommending staying invested in shorter term certificate of deposits so you are in a position to take advantage of higher CD rates when rates finally do move higher. The second reason to stay invested in short term certificates of deposit is the CD rate curve is flat, meaning the difference in CD rates for the shortest term and longest term certificates of deposit is minimal.