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Stock impact report

Best CD Rates Today -- Last Call for High APYs? April 17, 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
Rates have been falling for months, and experts expect they'll continue falling in the coming months. Opening a CD today allows you to lock in a great APY and protect your earnings from future rate drops. Certificate of deposit rates remain attractive -- but the clock is ticking. Annual percentage yields, or APYs, for CDs have steadily fallen since the end of 2023, and experts expect this trend will continue in the coming months. “I anticipate that CD rates will be heading down over the next few quarters,” said Faron Daugs , CFP, founder and CEO at Harrison Wallace Financial Group . “Given the expectation that the Federal Reserve will cut rates a couple of times this year, CD rates will follow those reductions too. These rate cuts are expected to continue into 2025.” You can still find top CDs offering APYs up to 5.35%, but the sooner you act, the more interest you stand to earn. Your rate is fixed when you open an account, so by opening a CD today, you can lock in a still-hi Show less Read more
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