Maximizing Your Earnings: Navigating the Current CD Rate Landscape.
TL;DR Summary
CD rates remain steady with credit unions offering the highest rates, including a 5.35% APY on a 22-month certificate from Langley Federal Credit Union. Rates of 5.00% or better are available in every term from 3 to 35 months, with eight certificates paying at least 5.25% APY. The Federal Reserve is expected to hike rates by a quarter point in May, but rates may plateau and eventually decrease. It's a good time to consider locking in a CD that will pay attractive dividends for months or years to come.
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- CD Rates Are Peaking. It's Not Too Late to Lock In. Barron's
- Will CD Rates Continue to Go Up in 2023? Yahoo Finance
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