Real Estate
Home›Real Estate›Mortgages›Best CD rates today top out at 4.35% APY
Best CD rates today top out at 4.35% APY
The top offer on Wednesday, August 19, 2026 is a Sallie Mae 3-year CD paying 4.35% APY, while many short term CDs are in the 4.0% to 4.5% range.
Deposit account rates are declining, but investors can still lock in competitive returns with certificates of deposit, as rates on the best CDs remain above 4.0% APY, according to Yahoo Finance.
For short term CDs, typically six to 12 months, the best rates are generally around 4.0% to 4.5% APY today. The highest rate highlighted for Wednesday, August 19, 2026 is 4.35% APY on a Sallie Mae 3-year CD.
The article also reviews how CD pricing has moved with Federal Reserve policy, noting that rates fell during periods of stimulus and low benchmark rates, and then rose again after the Fed began increasing rates in 2015 to 2018. It attributes another sharp drop to emergency Fed cuts in early 2020, followed by higher CD yields after the Fed hiked rates 11 times between March 2022 and July 2023, pushing up APYs on savings products including CDs.