- 0.24% (1-year CD yields)
- 0.78% (5-year CD yields)
Rates on certificates of deposit were a mixed bag in this week's survey.
The average one-year CD yield is 0.24 percent for the third week. The average five-year CD yield picked up 1 basis point to 0.78 percent. A basis point is one-hundredth of 1 percentage point.
For $100,000, the average one-year jumbo CD yield is down 1 basis point to 0.26 percent. The average five-year jumbo CD is 0.8 percent for the fourth week.
For the seventh week, the average money market account yield is 0.11 percent.
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