1-year jumbo CD
1-year jumbo CD
A 1-year jumbo CD is a large savings instrument, usually with a minimum value of $100,000, that pays a fixed rate of interest and remains in effect for a period of one year. Funds cannot be withdrawn earlier than the one-year expiration without penalty. Jumbo CDs are considered slightly higher risk than CDs of lower denominations, because FDIC insurance only covers the first $100,000 of the deposit.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed |
5.03 |
| 15 yr fixed |
4.58 |
| 5/1 ARM | 3.99 |
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