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2 weeks ago | 
investopedia.com | Sabrina Karl
Key Takeaways Below you'll find featured rates available from our partners, followed by details from our ranking of the best CDs available nationwide. 4.65% for 6 Months or 4.50% Until March 2027 The best CD rate in the country now comes from Technology Credit Union, with a guaranteed 4.65% APY for 6 months. If you lock in today, you could enjoy that rate until early December. Or you can choose Newtek Bank's 9-month certificate, which will guarantee its 4.60% APY until next spring.
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2 weeks ago | 
investopedia.com | Sabrina Karl
Refinance rates for 30-year loans again ticked up a single basis point, nudging the Monday average to 7.21%. That's still an improvement, however, vs. the May 22 reading of 7.32%, which was the most expensive level since July 2024. Given that 30-year refi rates fell as low as 6.71% in March, today's rates are elevated. The current average is also 1.2 percentage points above last September's two-year low of 6.01%. Rate movement was mixed for other refi loan types Monday.
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2 weeks ago | 
investopedia.com | Sabrina Karl
Refinance rates for 30-year loans ticked up a single basis point Friday to 7.20%, keeping the average near a recent two-week low. That's compared to 7.32% the prior week, which was the most expensive level since July 2024. Given that 30-year refi rates fell as low as 6.71% in March, today's rates are elevated. The current average is also about 1.2 percentage points above last September's two-year low of 6.01%. Rate movement was mixed for other refi loan types Friday.
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2 weeks ago | 
investopedia.com | Sabrina Karl
Key TakeawaysThe full article continues below these offers from our partners. Returns Are Great for Cash Right Now Holding a cash safety cushion is always a good idea. And given the current economic uncertainty unleashed by President Donald Trump's on-again, off-again tariff policy, parking some cash in reserve feels feels even more important.
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2 weeks ago | 
investopedia.com | Sabrina Karl
Key TakeawaysThe full article continues below these offers from our partners. The Fed Continues Its Prolonged Rate Pause Between March 2022 and July 2023, the Federal Reserve aggressively hiked its federal funds rate to combat post-pandemic inflation, raising its benchmark rate to a 23-year high. After holding rates at that historic level for 14 months, the central bank finally cut the key rate in September 2024.
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3 weeks ago | 
investopedia.com | Sabrina Karl
Key TakeawaysThe full article continues below these offers from our partners. Today's Money Market Yields at the Top 3 Brokerages If you have a brokerage firm account, your balance will sometimes include idle cash. Perhaps it was generated from the sale of a stock or ETF and you haven't yet decided whether to reinvest the funds. Or perhaps you're intentionally keeping a portion of your portfolio in cash, shielding it from market volatility.
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3 weeks ago | 
investopedia.com | Sabrina Karl
Editor's Note: Investopedia did not publish daily mortgage rate news on Monday, May 26, in observance of Memorial Day. We are therefore reporting today on Friday, May 23 rate averages. The states with the cheapest 30-year new purchase mortgage rates Friday were New York, California, Washington, North Carolina, Texas, Connecticut, Massachusetts, Michigan, and New Jersey. These nine lowest-rate states registered averages between 6.94% and 7.10%.
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4 weeks ago | 
investopedia.com | Sabrina Karl
Key Takeaways Below you'll find featured rates available from our partners, followed by details from our ranking of the best CDs available nationwide. A 4.50% Rate You Can Keep Until Summer 2026 The best CD rate in the nation continues to be 4.50%, and you can now lock that in 13 different ways. The shortest option with that return is a 3-month certificate available from PonceBankDirect. Then, 10 institutions offer 4.50% for terms of 6 to 12 months.
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4 weeks ago | 
investopedia.com | Sabrina Karl
Refinance rates for 30-year loans have jumped 6 basis points higher, triggered by a bond market that soared Wednesday in response to President Donald Trump's proposed tax bill gaining ground in Congress. The 30-year refinance average is now up to 7.30%, which is its highest level since April 11. Given that 30-year refi rates fell as low as 6.71% in early March, today's rates are notably elevated. The current average is also about 1.3 percentage points above last September's two-year low of 6.01%.
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1 month ago | 
investopedia.com | Sabrina Karl
The states with the cheapest 30-year new purchase mortgage rates Wednesday were New York, California, Florida, Pennsylvania, Tennessee, and Texas, followed by a tie that includes Georgia and North Carolina. The lowest-rate states registered averages between 6.89% and 7.05%. Meanwhile, the states with the most expensive Wednesday rates were Alaska, West Virginia, Maryland, and Washington, D.C. That's followed by a large multi-state tie including Iowa and Maine.
