SelectRates Media, Inc.

The steady decrease in yields on CDs for most term this week was interrupted by the slight increase in the mid term, two year CD rate.

The weekly survey of the best one year CD rates performed by SelectCDrates.com displayed the lower CD yield results for the week ending July 3, 2009.

The average interest rate on the best six month bank CDs was down yet again for the week ending July 3, 2009.

Even though the expectations have been for higher CD rates, banks cut interest rates anyway on the majority of certificates of deposit maturities for the week ending July 3, 2009.

Credit card rates were mostly unchanged for the week ending June 26, 2009.

The downward pressure on bank yields continued for the week ending June 26, 2009 pushing down the rates on bank savings accounts even further.

The month of June brings in the start of summer fun, but has only brought investors in bank money market accounts lower yields.

Five year CD rates rose the week ending June 26, 2009 fighting the trend of the shorter term maturities.

Two year CD rates continued to lose ground this past week.

Yields on one year certificates of deposit declined for the week ending June 26, 2009.