Best CD Rates This Week: Take Advantage of the Fed's Rate Cut While You Can

APYs remain attractive, but that won't be the case forever. Maryna Terletska/Getty Images There's still time to lock in a great annual percentage yield (APY) on a certificate of deposit -- but don't wait too long. While the Federal Reserve held interest rates steady at last week's meeting, APYs have been quietly falling for weeks now and this trend is likely to continue as banks anticipate a Fed rate cut later this year. Experts recommend taking advantage of high APYs now to maximize your returns. You can earn up to 4.5% APY with today's top CDs. That's more than three times the national average for some terms. But the key is to act now. Best CD rates this week Term Highest APY* Bank Estimated earnings on $1,000 deposit Estimated earnings on $5,000 deposit Estimated earnings on $10,000 deposit 6 months 4.50% CommunityWide Federal Credit Union $22.25 $111.26 $222.52 1 year 4.40% CommunityWide Federal Credit Union $44.00 $220.00 $440.00 3 years 4.15% America First Credit Union $129. ... Read full article.