Could CD Rates Hit 6% in July?
By: Steven Porrello |
Updated
– First published on July 10, 2023
If you haven’t looked at CD rates in a while, get ready to fall out of your seat. Even after the Fed paused its series of interest rate hikes in June, APYs on CDs are still above 5%, with some inching closer to the 6% line. It’s a good time to be a CD shopper, but will July be the month we see 6% CD rates?What might change for CDs in JulyThe biggest change for CDs could…
Comments are closed