High CD Rates Expected to Decline in 2024

Only two nationwide offers remain at 5.75% or better as year ends, with top rate at 5.79% APY.

Only two nationwide CDs currently offer rates of 5.75% or better, with the top rate being 5.79% APY from Climate First Bank.
CD rates peaked at 6.50% in October, but have since declined, though they remain historically high.
Interest rates are expected to decline in 2024, which will likely cause CD rates to follow suit.
The top rate on a jumbo CD is 5.77%, offered on both 6-month and 1-year CD terms.
Longer-term CDs are currently offering lower yields than shorter-term certificates, indicating an expectation of falling rates.