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2013 Top Online CD Rates: Best 2 Year CD Rate at 1.20% APY
Half of the fiscal cliff has been averted by Republicans and Democrats. The tax side of the fiscal cliff is done but believe it or not, that was the easy part. The spending side of the fiscal cliff will be harder to get done as the sequester, appropriations, and the debt ceiling all have to be dealt with over the next few months.
Once we get past these hurdles (no small feat), the economy should be in very good shape for 2013 which will hopefully bring higher interest rates before mid-2015, the point at which is the Fed plans to keep the Fed funds rate at near zero percent. A Fed funds rate near zero percent until mid-2015 means deposit rates on certificates of deposit and other interest bearing assets will stay low. Right now the best CD rates on 2 year certificates of deposit are at 1.19 percent with an APY of 1.20 percent. In this week's National Rate and Rate Cap Survey released by the Federal Deposit Insurance Corporation (FDIC), average 2 year CD rates at banks are at 0.38 percent, less than one third the highest 2 year rate on our list. In fact the highest CD rates on our list is also much higher than the FDIC's 24 month jumbo CD rate of 0.40 percent. Following is a list of the best online bank CD rates on 24 month certificates of deposit this week.
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CD CalculatorsCD Ladder CalculatorCD Calculator Recent CD Rate ArticlesLow Savings Rates Discussed at House Finance HearingCD Rates Continue to Move Higher in 2018Brand New High for 12 Month CD Rates in 2017Crestmark Bank 1 Year CD Rates Best Rate 1.70%Why Are Long Term Interest Rates Low?Higher CD Rates This Month Will Depend on The FedCredit Union now Offering 1 Year CD Rates at 1.50%Fed Will Push Top 1 Year CD Rates Above 1.50%Outlook for Higher CD Rates in 2017 is PromisingTAB Bank CD Rates ChangedTop 5 CD Rates: 12 Month CD RatesCD Rates Will Continue to Move Higher in the Coming MonthsInflation Picks up Steam – Are Higher CD Rates on the Way?Strong Monthly Job Numbers Could Send CD Rates Higher in 2014CD Rates Will Move Higher in the Spring or Summer of 2015Highest CD Rates February 5, 2014: PenFed Ups 1 Year CD Rates to 1.16% APYFOMC Meets This Week to Decide Monetary Policy and the Direction of Interest RatesCD Rates: Best CD Rates December 28, 2013CD Rates Will Increase Sometime in the Next Year, Don’t Lock Into A Long Term Low Rate CDCD Rates Set to Move Higher in 2014PenFed Credit Union Certificate CD RatesTop CD Rates September 24, 2013: Best CD Rate Deal, 6 Month Rate of 1.00 PercentLong Term CD Rates Moved Higher Due to Higher Long Term Bond RatesCurrent Ally Bank CD Rates August 22, 2013Top CD Rates August 6, 2013Certificate of Deposit Rates Likely to Remain Low Until 2015 or 2016New Bank CD Rate Pages on MonitorBankRates.comCurrent CD Rates at Atlanta Postal Credit Union are Still CompetitiveThe Palladian PrivateBank CD RatesCD Interest Rates Stable as U.S. Treasuy Yields SoarHigher CD Rates Expected in 2014 as Federal Reserve Ends QE and Increases Fed Funds RateSavings RatesSavings AccountsBank Savings Accounts Credit Union Savings Accounts Mortgage RatesMortgage Refinance RatesBank Mortgage Rates Credit Union Mortgage Rates CD RatesCD Rates from BanksCD Rates from Credit UnionsCD Rate ArchivesCD RateBank CD RateCredit Union CD RateCD InformationJumbo CD RatesCD Laddering Using a CD Calculator FDIC Certificate of Deposit Insurance up to $50 Million Direction of CD Rates in 2010 Historical CD RatesCD Rates from American Express BankTop 12 Month CD Rates Top 18 Month CD Rates Three Month CD Rates and CD Yields AIG Bank CD Rates Bank CD Rates - January 5, 2009 Ally Bank CD Rates Discover Bank CD Rates ING Direct CD Rates Average CD Rates CD Rates - Current 12 Month Bank CD Rates |
