Mortgage Rate Survey Update
Thursday, July 2nd, 2009Freddie Mac published their Weekly Primary Mortgage Market Survey today with an update of mortgage loan rates.
See:
http://www.moneycafe.com/library/mortgagerates.htm
Archive for the ‘Interest Rates’ Category
Freddie Mac Rate Update
Friday, June 26th, 2009Freddie Mac published their Weekly Primary Mortgage Market Survey today with an update of mortgage loan rates.
See:
http://www.moneycafe.com/library/mortgagerates.htm
Prime Rate Stays The Same
Wednesday, June 24th, 2009The Federal Reserve FOMC announced their rate and policy statement today. They kept the current Fed Funds Rate at 0% to .25%, which keeps the Prime Rate at 3.25%.
See:
http://www.moneycafe.com/library/fedfundsrate.htm
http://www.moneycafe.com/library/primerate.htm
Fed Expected to Hold Rates Steady
Wednesday, June 24th, 2009The Federal Reserve FOMC will announce their rate and policy statement later today. They are expected to keep the current Fed Funds Rate at 0% to .25%, which would keep the Prime Rate at 3.25%.
See:
http://www.moneycafe.com/library/fedfundsrate.htm
http://www.moneycafe.com/library/primerate.htm
Freddie Mac Mortgage Survey Update
Friday, June 19th, 2009Freddie Mac published their Weekly Primary Mortgage Market Survey today with an update of mortgage loan rates.
See:
http://www.moneycafe.com/library/mortgagerates.htm
Monday Money
Friday, June 12th, 2009
This is a look at some of the best interest rates for deposits and loans from national banks and lenders. (Surveyed Friday afternoon.)
|
Bank |
Savings Account |
1 Year CD |
3 Year CD |
|
2.05% |
2.35% |
3.00% |
|
|
1.75% |
0.50% |
1.50% |
|
|
1.65% |
2.30% |
3.10% |
|
|
2.00% |
|
|
|
|
0.95% |
0.70% |
0.85% |
|
|
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 |
|
|
4.423% |
5.780% |
|
|
|
4.389% |
5.544% |
|
|
|
|
5.855% |
|
|
|
|
Unavailable |
|
|
|
|
5.553% |
|
|
|
4.459% |
5.824% |
|
|
|
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)
