Brian McKay
Brian McKay
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Average 12-Month CD Rates Rise to 3.031% as All Eight CD Terms Gain
Average 12-month CD rates rose 0.020 percentage points to 3.031% between November 3 and November 9. All eight terms rose, led by 3-month CD rates, up 0.022 percentage points to 2.144%.
Average 12-month CD rates rose 0.020 percentage points to 3.031% between November 3 and November 9, from 3.011%. All eight CD terms rose. 3-month CD rates rose 0.022 percentage points to 2.144%, the largest change of the week, and 60-month CD rates rose 0.018 percentage points to 2.937%.
Key takeaways
- 12-month CD rates rose 0.020 percentage points to 3.031%, from 3.011% on November 3; the average across all eight terms is 2.807%, from 2.788%.
- 3-month CD rates rose 0.022 percentage points to 2.144%, 18-month CD rates rose 0.021 percentage points to 2.934%, 24-month CD rates rose 0.020 percentage points to 2.935%, and 36-month CD rates rose 0.019 percentage points to 2.839%.
- 60-month CD rates rose 0.018 percentage points to 2.937%, 48-month CD rates rose 0.017 percentage points to 2.832%, and 6-month CD rates rose 0.016 percentage points to 2.806%.
- A $25,000 deposit at the 3.031% 12-month average earns about $757.75 over a year; the Federal Reserve's range has been 3.75% to 4.00% since September 16.
12-month CD rates reached 3.031%, up from 3.011%
Short and mid-term CD rates, national average APY since April 13
Average APYs from MonitorBankRates.com's nightly collection, the same series this report's figures come from, updated daily.
12-month CD rates averaged 3.011% on November 3 and 3.031% on November 9. The average comes from 9,108 rates at 4,106 institutions, each institution's latest 12-month rate. A $25,000 deposit at the 3.031% average earns about $757.75 over a year.
Longer-term CD rates, national average APY since April 13
Average APYs from the nightly collection, updated daily.
All eight CD terms rose; 3-month CD rates rose the most
3-month CD rates rose 0.022 percentage points to 2.144%, 18-month CD rates rose 0.021 percentage points to 2.934%, and 24-month CD rates rose 0.020 percentage points to 2.935%. 36-month CD rates rose 0.019 percentage points to 2.839%, 60-month CD rates rose 0.018 percentage points to 2.937%, 48-month CD rates rose 0.017 percentage points to 2.832%, and 6-month CD rates rose 0.016 percentage points to 2.806%. The average across all eight terms is 2.807%, from 2.788%.
Weekly change by CD term (percentage points)
Average APYs, November 3 to November 9. Green bars rose; red bars fell.
CD term averages, November 3 and November 9
| CD Term | November 3 APY | November 9 APY | Weekly Change |
|---|---|---|---|
| 12-Month CD ▲ | 3.011% | 3.031% | ▲ +0.020 |
| 60-Month CD ▲ | 2.919% | 2.937% | ▲ +0.018 |
| 24-Month CD ▲ | 2.915% | 2.935% | ▲ +0.020 |
| 18-Month CD ▲ | 2.913% | 2.934% | ▲ +0.021 |
| 36-Month CD ▲ | 2.820% | 2.839% | ▲ +0.019 |
| 48-Month CD ▲ | 2.815% | 2.832% | ▲ +0.017 |
| 6-Month CD ▲ | 2.790% | 2.806% | ▲ +0.016 |
| 3-Month CD ▲ | 2.122% | 2.144% | ▲ +0.022 |
| Term-specific rate pages: 24-month CD rates · 12-month CD rates · 18-month CD rates · 36-month CD rates | |||
| All APYs are national averages of what real licensed institutions are actually offering to depositors, not promotional teaser rates or rate aggregator estimates. This report compares November 9 with November 3. Source: MonitorBankRates.com. | |||
The Fed's range has not changed since September 16
The Federal Open Market Committee held its target range at 3.75% to 4.00% on October 28 on a 10-2 vote, and the statement said inflation remains elevated. The range was raised a quarter point on September 16, 54 days before November 9. A CD keeps the rate it was opened at for its full term, so the averages here describe offers for new deposits.
What $25,000 earns at three CD term averages
A $25,000 deposit earns about $757.75 a year at the 3.031% 12-month average, $709.75 a year at the 2.839% 36-month average, and $734.25 a year at the 2.937% 60-month average. The CD early withdrawal penalty calculator shows what closing a CD before maturity costs in interest, and the CD vs. high-yield savings calculator compares a CD with a savings account side by side; both start from today's average rates, computed from rates published by more than 8,000 banks and credit unions and updated every day. Savers checking local offers can line up California CD rates against the national averages, and term-by-term history is on our CD rate history page.
CD term averages on November 9
12-month CDs average 3.031%, 60-month CDs 2.937%, 24-month CDs 2.935%, and 18-month CDs 2.934%; the average across all eight terms is 2.807%. The APY any saver gets depends on the institution, the term, and the deposit amount.
CD rate questions for November 9
What are CD rates this week?
The average 12-month CD APY is 3.031% as of November 9, 2026, up 0.020 percentage points from 3.011% on November 3. The average 60-month CD APY is 2.937% and the average 6-month CD APY is 2.806%.
Which CD terms rose the most?
All eight terms rose. 3-month CD rates rose 0.022 percentage points to 2.144%, 18-month CD rates rose 0.021 percentage points to 2.934%, and 12-month and 24-month CD rates each rose 0.020 percentage points, to 3.031% and 2.935%.
What is the average across all CD terms?
The average across the eight terms MonitorBankRates tracks is 2.807%, from 2.788% on November 3.
How many CD rates are in these averages?
The averages are calculated from 51,607 CD rates collected from banks and credit unions.
Data Coverage & Methodology
All APYs in this report are calculated from rates collected directly from institution websites by MonitorBankRates.com's proprietary systems, tracking what real licensed institutions are actually offering to depositors, not promotional teaser rates or rate aggregator estimates.
As of November 9, 2026, these averages were calculated from 51,607 individual rates verified across all 8 terms; the latest collection ran November 8, 2026. The table below shows how many institutions reported rates for each term.
| CD Term | Institutions | Rates Verified |
|---|---|---|
| 3-Month CD | 2,080 | 3,805 |
| 6-Month CD | 3,808 | 7,098 |
| 12-Month CD | 4,106 | 9,108 |
| 18-Month CD | 2,583 | 5,006 |
| 24-Month CD | 3,742 | 7,836 |
| 36-Month CD | 3,421 | 7,092 |
| 48-Month CD | 2,756 | 5,447 |
| 60-Month CD | 2,915 | 6,215 |
| Total | 51,607 |
This report is for general information and is not financial advice. The APY any saver receives depends on the institution, balance, and location; confirm current offers with institutions before making decisions.
