Interest Rate Roundup
Compare CD rates nationally and in your area.
- 0.28% (1-year CD yields)
- 0.9% (5-year CD yields)
This week, long-term maturities slipped in Bankrate's survey of rates on certificates of deposit.
The average one-year CD yield is 0.28 percent for the second week. The average five-year yield is down 1 basis point to 0.9 percent. A basis point is one-hundredth of 1 percentage point.
For deposits of $100,000, the average one-year jumbo CD yield is unchanged at 0.31 percent. The five-year jumbo yield is down 1 basis point to 0.91 percent.
The average money market account yield is 0.11 percent for the 10th straight week.
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