CD Archives

It’s a mixed bag for certificates of deposit rates this week, with rates rising ever-so-slightly on the short end but staying level on the long end of the ladder. Read more»

Finally, CD are seeing some good news on the upside, as rates on longer-term certificates of deposit inch upward, after weeks of stagnation. Read more»

CD investors, by nature, have to be a stoic lot.After all, the urge to go off like a bottle rocket after yet another week of slow, but steady, depreciation of their bank CD yields could be a tempting one. Read more»

Drip. Drip. Drip. So it goes in the CD market again last week, with rates once again sliding downward, slowly, but ever so surely, as the BankingMyWay CD Rate Tracker  demonstrates pretty much down the line. Read more»

With bank CDs offering meager yields, hovering just over two percent on BankingMyWay’s CD Rate Tracker this week, rate chasers may feel they have nowhere to turn for a better deal. But for the hardier bank customer, a troubled bank may be more aggressive about using higher rates to attract more customers. Read more»

It’s another seemingly insignificant slide for CD buyers this week, with rates declining slightly, all the way up-and-down the CD ladder. Read more»

Certificates of deposit offer a lot of safety but are about as stingy as they have ever been, with the 12-month yield averaging a mere 1.328 percent, according to the BankingMyWay.com survey. Making it worse, yields on the whole spectrum of CDs, from three months to five years, fell over the past week. Read more»

What is the best way to invest in certificates of deposit over the long term? Q: I would like to get a long-term CD for my grandsons, but have no idea how to start. Can you please help?— L.G., Perris, Calif.A: To avoid locking up all of the money you have to invest at a low rate, consider "laddering" the CDs. This entails staggering the maturity dates of several CDs so you always have at least a portion of your funds near at hand. Read more»

It was a clean sweep for CD rates last week, with a big broom that swept all major CD categories to fall slightly lower, fueling more frustration among CD investors who have to be wondering: “how low can CD rates go? Read more»