Monday Money
Monday, December 1st, 2008
This is a look at some of the best interest rates for deposits and loans from national banks and lenders. (Surveyed Monday morning.)
|
Bank |
Savings Account |
1 Year CD |
3 Year CD |
|
3.40% |
3.50% |
4.00% |
|
|
4.00% |
|
|
|
|
3.30% |
2.40% |
2.15% |
|
|
3.75% |
4.25% |
4.50% |
|
|
3.00% |
3.50% |
2.75% |
|
|
2.75% |
4.00% |
3.75% |
|
|
|
|
|
|
Rates are APY (Annual Percentage Yield)
|
Mortgage Lender |
|
5/1 |
30 Year |
|
|
5.881% |
5.656% |
|
|
|
5.516% |
5.231% |
|
|
|
5.254% |
|
|
|
|
5.512% |
5.324% |
|
|
|
5.625% |
5.254% |
|
|
|
5.406% |
5.593% |
|
|
|
|||
|
|
|
|
|
Rates are APR (Annual Percentage Rate)
Assumptions: $320,000 conforming loan, 20% down, excellent credit, documented income,
California property (Rates Survey between Friday and Monday)
