CD, Savings & Money Market Rates

1 year CD rates

Unemployment is around 7.8% as some states started to report improved employment numbers.  Global investors are getting nervous as they get a hint of how much money the US is going to need to fund the deficit.  The 10 year Treasury bond yields 2.16% as the Fed continues to hold rates down.  That all being said, cd rates remain low. 

Bloomberg 05/28/2013

Global stocks rose for the first time in five days, commodities gained and Treasuries slid as U.S. reports showed consumer confidence reached the highest level since 2008 and home values jumped the most in seven years. The yen weakened while the dollar rose.

The MSCI All-Country World Index gained 0.4 percent while the Standard & Poor’s 500 Index climbed 0.6 percent to 1,660.06 at 4 p.m. in New York and the Dow Jones Industrial Average jumped 106.29 points to 15,409.39, returning to a record. The 10-year Treasury yield surged 16 basis points to 2.16 percent, the highest since April 2012. Japan’s currency slid against 14 of its 16 major peers as an adviser to the prime minister said the central bank can add to its stimulus. The S&P GSCI commodities gauge jumped 1 percent, the most in almost a month.

Higher rates are available at some banks for Jumbo CDs.   Several banks are now offering penalty free cd's (make sure to read the small print).  Rates on longer term CD's could be attractive if you are concerned about deflation.  Now might be an excellent time to create a CD Laddering structure for your account.

In the future this table will be expanded to include many of the national banks and savings institutions with web banking facilities. Be aware that the rates change daily and that there is no guarantee that the rates listed will be the same as those offered the day you check. We will attempt to keep the table as up to date as possible.

Do you want to increase your savings? See Twenty-Five Ways to Save to learn how.

Today's mortgage rates are available on the mortgage tab.