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3-Year CDsGet the Best CD RatesWe’ve helped thousands of institutional and individual investors invest over $12.99 billion in CDs. Get Started >
Note: Clicking on a highlighted institutions name takes you to the bank review we posted. Not all featured rates have a completed review. To subscribe to our rate alerts complete the information in our sidebar on the left. Below is a graph I produced to show average rates from the top 30 banks, nationwide. Average Retail CD Rates for the Week of June 25, 2012Jumbo CD Investments, Inc. (Google+) How Far Do Rates Need to Rise?
You can see there is quite a spread between the short and long-term CDs still. I will probably end up putting these in their own pages or posts. But for now I will feature a few here. So let’s say you are considering a 1-year or a 3-year. The 1-year is a 0.90% and the 3-year is a 1.25%. If you opt for the 1-year, rates a year from now would need to be a 1.60%, just to make up the difference. In the short-term, a rise like that seems very unlikely. |