Archive for August, 2009
Monday, August 31st, 2009
This is a look at some of the best interest rates for deposits and loans from national banks and lenders. (Surveyed Monday afternoon.)
Rates are APY (Annual Percentage Yield)
Assumption: $10,000 deposit
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 (+/- .50 point)
California property (Rates Survey between Friday and Monday)
Tags: Bank Deposits, Banking, CDs, Interest Rates, Loans, Mortgages, Savings Accounts, Savings Deposits
Posted in Banking, Interest Rates, Loans | No Comments »
Monday, August 24th, 2009
This is a look at some of the best interest rates for deposits and loans from national banks and lenders. (Surveyed Monday afternoon.)
Rates are APY (Annual Percentage Yield)
Assumption: $10,000 deposit
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 (+/- .50 point)
California property (Rates Survey between Friday and Monday)
Tags: Bank Deposits, Banking, CDs, Interest Rates, Mortgages, Savings Accounts, Savings Deposits
Posted in Banking, Interest Rates, Loans | No Comments »
Monday, August 17th, 2009
This is a look at some of the best interest rates for deposits and loans from national banks and lenders. (Surveyed Monday afternoon.)
Rates are APY (Annual Percentage Yield)
Assumption: $10,000 deposit
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 (+/- .50 point)
California property (Rates Survey between Friday and Monday)
Tags: Bank Deposits, Banking, CDs, Interest Rates, Loans, Mortgages, Savings Accounts, Savings Deposits
Posted in Banking, Interest Rates, Loans | No Comments »
Wednesday, August 12th, 2009
The Fed held steady today on the Fed Funds Rate keeping it in a range between 0% and .25%. The Prime Rate should remain unchanged at 3.25%.
Tags: Interest Rates, Prime Rate, The Economy
Posted in Interest Rates, The Economy | No Comments »
Wednesday, August 12th, 2009
The Federal Reserve (FOMC) will announce its decision regarding rates later today. We expect the FOMC to hold steady on the Fed Funds Rate. Because of this, we expect no changes to the Prime Rate.
Tags: Interest Rates, Prime Rate, The Economy
Posted in Interest Rates, The Economy | No Comments »
Monday, August 10th, 2009
This is a look at some of the best interest rates for deposits and loans from national banks and lenders. (Surveyed Monday afternoon.)
Rates are APY (Annual Percentage Yield)
Assumption: $10,000 deposit
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 (+/- .50 point)
California property (Rates Survey between Friday and Monday)
Tags: Bank Deposits, Banking, CDs, Interest Rates, Loans, Mortgages, Savings Accounts, Savings Deposits
Posted in Banking, Interest Rates, Loans | No Comments »