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Stock impact report

Best CD Rates Today – Now's the Time to Lock in a High APY, June 19, 2024 [CNET News]

Ally Financial Inc. (ALLY) 
Last ally financial inc. earnings: 4/20 07:30 am Check Earnings Report
US:NYSE Investor Relations: ally.com/about/investor
Company Research Source: CNET News
The Fed is expected to begin cutting rates later this year, which means CD rates are likely to fall, too. The sooner you open a CD, the higher the rate you can lock in -- and the greater your earning potential will be. A certificate of deposit is a safe way to stash your extra funds and earn some interest to boot. And unlike savings accounts, which have a variable rate, a CD's rate is set when you open the account, so your returns stay the same no matter what happens in the overall rate environment. Today's top CDs earn annual percentage yields, or APYs, as high as 5.35%. That's more than three times the national average for some terms. And with experts predicting the Federal Reserve will cut rates later this year, now's the time to lock in one of these great APYs and protect your earnings. Read on to see where you can score the highest CD rates today. Experts recommend comparing rates before opening a CD account to get the best APY possible. Enter your information below to Show less Read more
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