Although old news, the Rate at which Feds are reducing the interest rate has a tell tale sign on the rate of CDs. unfortunately one of my CDs is maturing this month end and i am struggling to find a good enough rate. The CD was for 6 months and it had 5.50% APY. In six months time i cannot find that rate anymore. Things have changed so quickly. Lesson: Next time around, when the rates are higher, i will lock down the money for a longer period of time (at least for two). As for the CD that is maturing, i will put it again for a 6 months CD at what ever rate i get.