"Comparing the Best CD Rates of 2024: Find the Top Offers Today"

The best nationwide CD rate has increased to 5.75% for a 6-month offer from Andrews Federal Credit Union, with NASA Federal Credit Union offering 5.70% for 9 months. While rates have slightly decreased since October's peak, they remain historically high, with 34 CDs paying 5.50% or higher. The Fed is expected to lower interest rates, making it a good time to secure a high-paying CD. Longer-term CDs are also attractive, with a 2-year rate of 5.27% and 4-5 year offers in the upper 4% range. Jumbo CD rates vary, and it's important to compare standard and jumbo rates before deciding. The Fed's decisions on rates have significant implications for CD rates, and while predictions are uncertain, current rates are likely to plateau or decrease from their record highs.