Interest Rate Roundup
Compare CD rates nationally and in your area.
- 0.29% (1-year CD yields)
- 0.96% (5-year CD yields)
There was something of a shake-up in the survey this week. After 16 weeks, the pittance that the average money market account yields has fallen 1 basis point to 0.11 percent.
The average one-year yield on certificates of deposit is down 1 basis point to 0.29 percent. The five-year yield is unchanged at 0.96 percent. A basis point is one-hundredth of 1 percentage point.
On the jumbo end, for deposits of $100,000, the average one-year jumbo CD yield is unchanged at 0.32 percent for the sixth week. The five-year jumbo yield is 0.97 percent.
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