Monday Money
Saturday, May 30th, 2009
We did our bank and lender survey a little earlier this week to show the recent jump in mortgage rates. Here is a look at some of the best interest rates for deposits and loans from national banks and lenders. (Surveyed Friday morning.)
|
Bank |
Savings Account |
1 Year CD |
3 Year CD |
|
1.85% |
0.50% |
1.50% |
|
|
1.75% |
2.30% |
3.20% |
|
|
2.00% |
|
|
|
|
1.20% |
0.70% |
0.85% |
|
|
2.25% |
2.80% |
3.10% |
|
|
1.55% |
2.00% |
1.75% |
|
|
1.50% |
1.50% |
1.50% |
|
|
1.76% |
|
|
|
Rates are APY (Annual Percentage Yield)
Assumption: $10,000 deposit
|
Mortgage Lender |
|
5/1 |
30 Year |
|
|
4.169% |
5.539% |
|
|
|
4.229% |
5.269% |
|
|
|
|
5.386% |
|
|
|
|
Unavailable |
|
|
|
|
5.071% |
|
|
|
4.212% |
5.593% |
|
|
|
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)
