Lock In High CD Rates Now | Business and Finance News

CD rates are hitting record highs—up to 4.2% APY on two-year CDs from Sallie Mae—making now the perfect time to lock in solid returns. While the national average hovers around 1.65%, elevated rates stem from the Fed’s inflation-fighting strategy and online banks’ lower overhead. Shop around, compare institutions, and watch for higher minimums to snag the best deals. Whether you’re saving for a goal or just want predictable growth, these elevated rates offer a rare opportunity to secure your money wisely. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/cc0bded395c234c5