What year were CD rates the highest?

ANSWERS: 1

Official Know-It-All

According to analysis by Mortgage-X, the highest Certificate of Deposit rates (for 3-month CDs) occurred in 1981. That year, rates reached a high of 16.691 percent, with an average rate for the year of 14.897 percent. Measures of longer- or shorter-duration CD rates also show the highest CD rates in 1981.
Source:
Certificate of Deposit Index

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