One Year Cd Rates Historical

After november 1981 the rates began to decline from the 16 interest rates that were constant that year.

One year cd rates historical. Cd interest rate chart 6 month cd. Our historical cd rate information is current as of july 31 2012. The index is the 12 month average of monthly average yields. Beginning our look at historical cd interest rates the early 1980s saw two recessions in the first two years.

1994 2 1994 3 1994 4 1994 5 1994 6 1994 7 1994 8 1994 9 1994 10 1994 11 1994 12 1995 1. If you opted for 1 year cds then the average rate would have been 4 09. During the first recession which lasted from january 1980 to july 1980 the federal funds rate shown in gray in the graphic that looks at historical cd rates by year saw a drastic drop between april and may falling 6 63 percentage points. The 5 year will protect against potentially lower interest rates but if rates do go up the 1 year cd frees you up to take more advantage of that.

Cd rates in the 1980s. Latest wk ago high low. Examples of some of the lowest historical certificate of deposit cd rates. Investing in 6 month cds would have returned an average rate of 3 76.

The information provided is based on the certificate of deposit index codi for 3 month cds. Compared to money market account rates however 1 year cd rates tend to be higher. First many people just like investing in short term cds. In many cases you can qualify for one of the top 12 month cd deals without having to fork over a large amount.

At this point cd rates and 1 year rates are well below the historical averages. How to build a cd ladder a cd ladder is when you open several cds at the same time each with a different maturity term. In 2009 after the financial crisis the average 12 month cd paid less than 1 percent apy.