CD Rates: Updated May 4th

CD Rates continued to go down this past week. 3 month CD rates are still under one percent at 0.88 percent with an annual percentage yield of 0.89 percent. 6 month CD rates are just over one percent at 1.19 percent with an annual percentage yield of 1.21 percent.

One year CD rates are averaging 1.48 percent with an annual percentage yield of 1.49 percent. 18 month CD rates are at 1.61 percent with an annual percentage yield of 1.62 percent. Two year CD rates are at 1.83 percent with an annual percentage yield of 1.84 percent.

Three year CD rates are averaging 2.06 percent with an annual percentage yield of 2.09 percent. Four year CD rates are averaging 2.27 percent with an annual percentage yield of 2.29 percent and five year CD rates are averaging 2.50 percent with an annual percentage yield of 2.53 percent.