6.45% - The 5-Year Just Moved for the First Time in 7 Weeks

About This Video

Your bank is paying 1.75% on average. There's 6.45% guaranteed on the board this week — the first time the 5-year has moved in seven weeks. Here's the honest comparison, including the one term where the bank beats us. Full live board — every term, every rating, updated daily: https://www.annuity.com/tools/myga-rates?utm_source=youtube&utm_medium=video&utm_campaign=rate-report&utm_content=rr20260916-ep1-cd-compare RATES AS OF SEPTEMBER 16, 2026. Rates change daily. Episode 1 of the Rate Report. Every Wednesday: the whole board, what moved, and one thing that usually gets explained badly, explained better. THIS WEEK - The 5-year moved for the first time in 7 weeks — 11 carriers raised, none cut - At 1 year, the bank wins. We say so on camera. - "Not FDIC insured" doesn't mean uninsured — what actually stands behind these, and why ratings matter here but not at your bank - The 10-year now pays LESS than the 5-year - I correct myself on simple interest and show when it's the better product CHAPTERS 0:00 The number 0:30 What this show is 1:40 Why not just use a CD? 2:50 The FDIC 4:30 The board 5:20 What moved and why 6:40 Simple vs. compound — which one fits you 8:42 The honest caveat (this one's about my own tool) 9:55 Close DISCLOSURE: Brett Blake is a licensed insurance agent, not a fiduciary, and is not licensed to give securities advice. Insurance companies pay commissions on sales. Rates shown are the highest posted rates found as of 9/16/2026 and change daily. CD rates are the highest independently verified at the source on 9/16/2026 across 46 monitored institutions and should be confirmed with the issuing bank; national average CD rate per Bankrate, 9/16/2026. Product availability varies by state. MYGAs are not FDIC insured, are not bank deposits, and are not backed by the federal government; guarantees are backed solely by the claims-paying ability of the issuing insurance company, with state guaranty association coverage that varies by state. General information only — not a recommendation and not tax advice.