The month of July didn't end so well for the country's savers. While changes in CD averages for last week were minimal, it remains that interest rates are at their lowest levels ever seen in years.

It remains to be a dismal week for CD savers with CD rates resuming their descent towards even lower levels. Of the banks monitored daily by My Bank Tracker, the CD rate average for all CD terms went down, albeit by only a few basis points.