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CD Rates Summary July 16, 2019 - depositaccounts.com

That’s an indication that banks think rates will be falling. The callable feature gives the bank the right to redeem a CD early. That can save the bank money when interest rates fall. However, the CD holder loses out if rates fall and the CD is called early. The top 1-year brokered CD rate today was 2.00% at both Fidelity and at Vanguard.