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Stock impact report

Best CD Rates Today – APYs as High as 5.4% Won't Stick Around Forever, April 2, 2024 [CNET News]

First Internet Bancorp (INBK) 
Last first internet bancorp earnings: 4/22 04:52 pm Check Earnings Report
Company Research Source: CNET News
Certificate of deposit rates remain elevated, despite the declines we've seen in recent months. With the Federal Reserve electing to pause rate hikes at its last five meetings, CD rates continue to hold as high as 5.4% annual percentage yield (APY). But with rate cuts expected later this year, this may not be the case for long. Today's top CDs offer the opportunity to lock in a still-high rate and protect your earnings from future drops. Your APY is fixed when you open a CD, so by opening an account now, you can lock in today's great rates for the duration of the CD's term. But the sooner you act, the more interest you stand to earn. Here's where you can find today's highest CD rates. Key takeaways Today's top CDs offer APYs up to 5.4%. Experts expect rates will continue falling in the coming months. Short-term CDs currently outperform long-term ones, but the best term for you depends on your savings timeline. Experts recommend comparing rates before opening a CD accoun Show less Read more
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