Yields on 12-month certificates of deposits are still going down, but not as quickly as they were last winter.
The average interest rate for these CDs has fallen to just 1.20%, a full point lower than they were this time last summer.
But that average was declining by more than a tenth-of-a-point a month in January [...]

GMAC Bank has a new name, but the same great CD rates.
You’ll now find Ally Bank at, or near, the top of our rankings of the best CD rates for everything from 3-month to 5-year certificates of deposit.
The 2.80% APY the online bank’s offering on 12-month CDs, for example, is more than twice [...]

One way to earn more than twice the national average on a 12-month CD is to take advantage of the deals at local banks and credit unions.
Here’s a good example.
Park National Bank, which has 29 branches in the Chicago area, is offering 2.70% APY with a minimum deposit of $1,000.
Although the bank allows customers [...]

The online division of East Boston Savings Bank, is paying a whopping 2.81% APY on its money market account.
That’s more than twice the national average of 1.36% for MMAs, and a whopping six-tenths of a point more than the best money market accounts were paying in our last survey.
The catch?
That rate is only [...]

The best rates you can get on short-to-medium term certificates of deposit are on 36-month CDs.
Sure, 48-month and 60-month CDs pay a little better, but who wants their money locked into a 3.65% yield for five years when rates are sure to head up before then?
A number of these CDs are paying [...]

You won’t get rich investing in short-term certificates of deposit like this.
But you have to beat the national average of 0.74% APY or you might as well stuff your savings under the bed.
Here are the top deals on 3-month CDs available nationwide:
1.85% APY with a $2,000 minimum deposit from Imperial Capital Bank, which has [...]

You can still earn 2.25% APY from the top-paying money market accounts available nationwide.
That’s what the average 5-year certificate of deposit is paying, and far more than the so-called “high-yield” accounts other banks are promoting.
You’ll find those top-paying MMAs at:
GMAC Bank with no minimum deposit or balance.
AmTrust Direct, the online division of AmTrust Bank [...]

This is the lowest interest rate we could find in the big databases at Bankrate.com and Interest.com.
With a loan this cheap you’d only pay $500 a month in principal and interest for every $100,000 borrowed. (This mortgage calculator will allow you to determine the monthly payments for any home loan.)
To obtain a [...]

A 12-month CD is perfect for anyone who wants to make a few bucks on their investment but doesn’t want to tie up their money for too long.
But you’ve got to find a deal that’s paying more than the national average of 1.29% for these certificates of deposit.
Here are the best 12-month [...]