Will Cd Rates Increase 2024. Online banks and credit unions, which have some of the highest cd rates, have begun to incrementally lower their rates since january 2024,. So, while cd rates may not be quite at the peaks they reached in the fall, they still offer an excellent rate guarantee for months or years into the future.
Annual percentage yields (apys) shown were updated between april 24 and april 30. Best cd rates for may 2024:
Bmo Alto Certificate Of Deposit:
Opening a cd today guarantees you a fixed apy despite future rate drops.
America First Credit Union โ 5.25%.
Best cd rates from top banks for may 2024.
Annual Percentage Yields (Apys) Shown Were Updated Between April 24 And April 30.
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So, While Cd Rates May Not Be Quite At The Peaks They Reached In The Fall, They Still Offer An Excellent Rate Guarantee For Months Or Years Into The Future.
Compare the best cd rates today, drawn from our research on about 280 banks and credit unions that offer cds nationwide.
If The Treasury Yield Were To Go Down Sharply In 2024, The Average Cd Interest Rate Could Follow, Even Without Action From The Fed.