Monday Money
Monday, May 4th, 2009
This is a look at some of the best interest rates for deposits and loans from national banks and lenders. (Surveyed Monday afternoon.)
|
Bank |
Savings Account |
1 Year CD |
3 Year CD |
|
2.01% |
0.75% |
2.00% |
|
|
1.75% |
2.35% |
3.10% |
|
|
2.00% |
|
|
|
|
1.20% |
1.00% |
1.10% |
|
|
2.25% |
2.80% |
3.20% |
|
|
1.65% |
2.30% |
2.05% |
|
|
1.50% |
1.50% |
1.50% |
|
|
1.76% |
|
|
|
Rates are APY (Annual Percentage Yield)
Assumption: $10,000 deposit
|
Mortgage Lender |
|
5/1 |
30 Year |
|
|
4.204% |
5.149% |
|
|
|
4.250% |
4.776% |
|
|
|
|
4.904% |
|
|
|
|
Unavailable |
|
|
|
|
4.944% |
|
|
|
4.327% |
5.086% |
|
|
|
Rates are APR (Annual Percentage Rate)
Assumptions when available: $320,000 conforming loan,
20% down, excellent credit, documented income,
priced with approximately 1 point loan cost (+/- .25 point)
California property (Rates Survey between Friday and Monday)
