CD Rates Show Improvement As the 4th Quarter Begins

CD Rates Show Improvement As the 4th Quarter Begins

With the end of the year in sight, hopes are high that the economy has bottomed out and there's nowhere to go but up.

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The Triple Option CD – What Is It and How Does It Work?

The Triple Option CD – What Is It and How Does It Work?

There's a new type of CD being offered by some banks lately called the Triple Option CD.

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Top CD Rates Remain Unchanged For The Week Starting September 28, 2009

Top CD Rates Remain Unchanged For The Week Starting September 28, 2009

Even as some CD averages inched downward the past week, our best CD rates remain the same including the banks offering them.

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Not Much Good News on CD Rates This Week

Not Much Good News on CD Rates This Week

A much-anticipated meeting by the Federal Reserve Board last Wednesday (Sept. 23) didn't bring any news that we haven't heard about already, as far as the average American is concerned.

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Best CD Rates Maintained for This Week – But Are Changes Coming?

Best CD Rates Maintained for This Week – But Are Changes Coming?

This week is crucial for banks, business groups, investors, and depositors alike as the Fed holds a two-day meeting to decide on whether it is still feasible to keep interest rates at the historically low levels they are in now – close to zero.

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Best CD Rates For The Week Starting September 14th, 2009

Best CD Rates For The Week Starting September 14th, 2009

While CD rates in general made modest gains over the past week, these gains did not quite reflect on the highest CD rates to open this week. Top CD yields and the banks offering them remain the same for the most part, with a few changes here and there.

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Positive Changes in CD Rates This Week

Positive Changes in CD Rates This Week

After the rates cuts that CDs had at the close of last week, it's refreshing to see current CD rate averages without any of the "red marks" that were present in the previous week's comparison table.

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CD Rates Drop an All-Time Low

CD Rates Drop an All-Time Low

CD rates took quite a beating this week as averages for 6-month and 12-month CDs plunged to lower depths, from 1.14% to 1.10% APY and 1.41% to 1.38%  APY respectively. Rate averages for long term CDs also fell, albeit only by a modest 0.01%.

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Economy Ripe For Some Changes But CD Rates Not Budging

Economy Ripe For Some Changes But CD Rates Not Budging

It was a relatively quiet week for CDs and this is reflected in how CD rate averages ended up. Granted, there are a few ticks either going up or down but on the whole, CDs remained at their low levels.

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Top CD Rates Remain Relatively Unchanged

Top CD Rates Remain Relatively Unchanged

More banks dropped their CD rates in the last few days, causing major plunges on the national CD average rates as monitored by My Bank Tracker.

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