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What is the best CD rate.?


Question:
I live in Los Angeles area. I have $100K CD maturing next week. So far, the best I know is 5.51% for 5 mo. CD. I am looking for a 12 mos. term or less.

Answer:
Use Bankrate's CD rate compare tool.

http://www.bankrate.com/brm/rate/brm_dep...

It looks like Downey has the best 12-month rate for a jumbo CD at 5.2%
http://www.bankrate.com/brm/rate/dep_rat...
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