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CD Rates Today: March 19, 2025 – Forbes Advisor
- CD rates today can reach as high as 5.06%, but they fluctuate and are expected to decrease with Federal Reserve actions.
- CDs offer fixed interest rates for a specific term with penalties for early withdrawal.
- Short-term CDs like three-month and six-month options have varying rates, with the highest being 4.72% and 4.94% respectively.
- One-year CDs currently offer rates up to 5.02%, while two-year CDs go as high as 4.52%.
- Three-year CD rates peak at 4.65%, and five-year CDs at 4.26%, with average APY around 1.6%.
- Jumbo CD rates can reach 5.06%, requiring sizable deposits, with online banks often offering competitive rates.
- CD accounts entail fixed interest earnings over the term, with penalties for early withdrawal that can include losing interest or part of the principal.
- CDs provide a safer investment option compared to volatile markets like cryptocurrencies or stocks, backed by FDIC or NCUA insurance.
- Federal insurance covers up to $250,000 for CDs in case of bank failure, providing security for investors.
- Curinos calculates average CD rates by excluding certain types and focusing on specific CD offerings.
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