In most areas, including Seattle, CD rates have been hovering around 1-2% for the past few years. But there are a few indicators that CD rates will be rising in the near future.
Most economic experts agree that CDs are a viable investment option when the interest rates reach 2.0 percent or higher. Those rates are available now, but some economic experts predict rates will climb back to their all time highs at more than 5 percent.
Seattle Banking Rates is a great resource to help keep you on top of the best CD rates and start saving money.
