What Changed Today
Mortgage rates fell 7bps after weak jobs data. HYSA rates holding firm at 4.27%. CD window narrowing.
Source: S&P Capital IQ Pro; SNL Financial Data. Calculations: FDIC. Reflects the $2,500 product tier for savings and interest checking accounts.
This week's weaker-than-expected nonfarm payrolls print gave the bond market reason to price in a slightly earlier Fed cut. The 10-year Treasury fell 6bps to 4.32%, pulling mortgage rates lower. Savings rates remain resilient — Fed PCE came in at 2.7%, above the 2% target, keeping the case for immediate cuts weak. HYSA rates likely hold through Q2.
Rate Pulse — category by category
Source: FRED · CME FedWatchTop HYSA rates holding near 4.27%. No movement this week. Rates likely to stay elevated through Q2 before a gradual Fed-driven decline.
Earning less than 4%? You could be leaving $955+/yr on the table.
Top 12-month CD rates around 5.00%. If the market is right about two 2026 Fed cuts, locking in now captures a near-peak rate.
Rates declining — lock in 5.00% before the next Fed cut.
Down 7bps after weak jobs data. Top quotes around 6.94% for strong borrowers. Best window for buyers since February.
Rates at a 6-week low — best entry point for buyers on the sidelines.
Citi lowered the Double Cash APR by 25bps. Issuers are leaning back into richer travel-card bonuses — best time to evaluate your setup.
Carrying a balance? Switch to 0% intro APR and stop the bleeding.
Top personal loan offers holding near 5.96% APR for excellent credit. Strong time to consolidate high-rate credit card debt.
Credit card at 22%? A personal loan near 5.96% can materially lower your interest cost.
Top money market yields around 4.05% APY. For savers who want check-writing alongside yield, the case for MMA over HYSA is narrowing.
Compare money market accountsCards & rewards watch
All credit cardsChase Sapphire Preferred and Amex Gold leading on sign-up bonuses. Best value when redeemed for transfer partners.
Compare cardsFlat-rate cashback cards remain the simplest way to earn on daily purchases. No category tracking required.
Compare cardsTransfer fees typically 3–5%. Worth it if you can pay off the balance before the promotional period ends.
Compare cardsGrow & Protect watch
All Grow & ProtectPrivate credit funds delivering 9–12% as bank lending tightens. Institutional-grade lending platforms opening to retail investors at lower minimums ($500–$1K entry).
Learn moreTokenized Treasury AUM crossed $3B. BlackRock BUIDL and Franklin Templeton FOBXX leading institutional adoption. On-chain T-bill exposure with same-day liquidity.
Learn moreRegulated on-chain yield products backed by US Treasuries now mainstream. Key distinction: these are not crypto speculation — they are regulated dollar-denominated accounts.
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Your personal rate gap
$955
per year left on the table at 0.38% avg. Best HYSA pays 4.27% APY.
See my Rate Gap →Source: S&P Capital IQ Pro; SNL Financial Data. Calculations: FDIC. Reflects the $2,500 product tier for savings and interest checking accounts.
Fed Rate Tracker
Next FOMC: May 7, 2026
Market pricing 1 cut. Dot plot median: 4.1%.
View Fed Tracker →Compare categories