![]() ![]() However, for now, things appear to be looking positive for CDs, with current rates being the highest they've been since 2007. Predicting CD rates accurately can be difficult, since banks and credit unions decide rates based on a number of factors including the Federal Reserve interest rate and the state of the economy.Average CD rates in the seventies fluctuated between a low of 3.61% in February 1972 and a high of 13.43% in December 1979.A+ has 817 million in assets and a Texas Ratio of 3.97 verus the credit union average of 9.60 (lower ratios are better). You must be a Texas resident to join the credit union and you can apply online or via one of its branches. What were the interest rates on CDs in the 70s? Ally offers three types of CDs with various terms: traditional high-yield CDs, no-penalty CDs and Raise Your Rate CDs, also known as bump-up CDs. A+ is offering a 1 year CD paying 5 APYwith a maximum balance of 1,000.Then, during the recession, rates began to fall, reaching 0.2% in January 2010. The last time that CD rates were at or above 5% was before the 2008 recession in October 2007.When was the last time CD rates were 5%?.The all-time high for CD interest rates was in December 1980, when CD rates reached an average of 18.65%. ![]() ![]() What was the highest CD rate in history?.Here are the answers to some of the most frequently asked questions regarding CD rates. ![]()
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