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November 21, 2014

Consumer Rates

Market

Informa Research Services, Inc.
Daily Rate Comparison

Informa Research Services, Inc.
Deposit Products Credit Unions Bank Average Difference
12 Month CD $10,000 0.48% 0.28% 0.20%
Personal Savings $1,000 0.20% 0.10% 0.10%
Personal Interest Checking $2,500 0.36% 0.15% 0.21%
NSF Fee $27.90 $30.66 $-2.76
Personal MMDA $2,500 0.17% 0.10% 0.07%
Business MMDA $2,500 0.17% 0.09% 0.08%

Consumer Loan Products Credit Unions Bank Average Difference
Unsecured Personal Loan - $5,000 - 4 Years 10.13% 10.30% -0.17%
New Auto Loan - 5 Years 2.62% 3.83% -1.21%
Used Auto Loan - 2 year Old - 4 Years 2.78% 4.01% -1.23%
HELOC - 80% LTV - $50,000 4.12% 4.38% -0.26%
HE Loan - 80% LTV - $50,000 - 15 Years 5.67% 5.91% -0.24%

Mortgage Loan Products Credit Unions Bank Average Difference
30 Year Fixed Conforming 3.99% 4.05% -0.06%
30 Year Fixed Jumbo 4.09% 3.99% 0.10%
5/1 Year ARM Conforming 2.94% 2.88% 0.06%

Credit Card Products Credit Unions Bank Average Difference
Platinum 8.86% 10.50% -1.64%
Annual Fee $25.00 $31.00 $-6.00
Maximum Late Fee $25.64 $33.45 $-7.81
Reward 10.08% 13.33% -3.25%
Annual Fee $26.81 $98.57 $-71.76
Maximum Late Fee $22.68 $33.71 $-11.03

Indirect Auto Loan Products Credit Unions Bank Average Difference
Indirect A Tier New Auto Loan - 5 Years 3.59% 3.62% -0.02%
Indirect B Tier New Auto Loan - 5 Years 5.31% 5.20% 0.12%
Indirect C Tier New Auto Loan - 5 Years 7.47% 6.65% 0.82%

Averages displayed are straight averages of all institutions within the Informa Research Services database for the selected region as of Thursday, November 20, 2014. For detailed disclosures click here.

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Business Rates

Market
Daily Financial Rates -- 2014-11-21

Financial Rates


Friday, November 21, 2014

03:55 AM CST

TREASURY YIELD CURVE
(based on the $1 million market)

TermFri
11/21
Thu
11/20
Wed
11/19
Tue
11/18
Mon
11/17
1 month0.040.040.040.020.04
3 month0.020.010.020.030.02
6 month0.070.070.070.070.07
1 year0.140.150.140.150.15
2 year0.530.540.530.540.54
3 year0.970.990.960.960.96
5 year1.641.661.631.641.62
7 year2.052.072.032.042.02
10 year2.342.362.322.342.32
20 year2.782.802.772.792.77
30 year3.053.083.053.063.04

TREASURY BILLS

Results of the November 17, 2014 auction of short-term U.S. government bills, sold at a discount from face value in units of $10,000 to $ 1 million

TermLatest
Mon, 11/17
Week Ago
Mon, 11/10
13 weeks0.0250.025
26 weeks0.0700.060

PRIME RATE

3.25% Last changed December 16, 2008

FEDERAL FUNDS

TermFri
11/21
Thu
11/20
Wed
11/19
Tue
11/18
Mon
11/17
high0.3120.3120.3120.3120.312
low0.0700.0600.0700.0700.050
near closing bid0.0800.0500.0800.0800.070
offered0.1000.0800.1000.1000.100
effective rate20.1200.1200.1300.1100.110

FREDDIE MAC (Mortgage commitments, 30 days)

TermFri
11/21
Thu
11/20
Wed
11/19
Tue
11/18
Mon
11/17
30 year0.000.000.000.000.00

FANNIE MAE (Mortgage commitments, 30 days)

TermFri
11/21
Thu
11/20
Wed
11/19
Tue
11/18
Mon
11/17
30 year3.5573.5693.5583.5563.600

LIBOR

TermFri
11/21
Thu
11/20
Wed
11/19
Tue
11/18
Mon
11/17
1 month0.230000.225000.230000.231000.22900
3 month0.374000.372000.372000.374000.37100
6 month0.539000.539000.538000.539000.53800
1 year0.841000.841000.840000.841000.84100

COMMERCIAL PAPER (Financial, 90 days)

TermWeek ended
11/18
Week ended
11/4
90 days0.230.23

NA: Data not available at time of page generation (shown at top of page)

Sources:
Wall Street Journal
U.S. Dept. of the Treasury


All rates are from the previous business day unless otherwise noted. ReadMore

Other Resources

Consumer prices continue to flatline

Market
WASHINGTON (11/21/14)--Consumer prices continue to make little progress in pushing inflation up toward the Federal Reserve's target number of 2%, as the consumer price index (CPI) remained unchanged in October, keeping headline inflation at 1.7% above its year-ago levels, the Bureau of Labor Statistics reported Thursday ( Economy.com Nov. 20).

While core prices, which climbed 0.2% for the month, came in stronger than analysts had anticipated, falling energy prices, including the price of oil, continue to hinder gains in price growth, Moody's said.

The gasoline index dropped for a fourth consecutive month, falling 3% in October and 8% total over the last three months. Natural gas and fuel prices also have slipped of late, pushing the overall energy index down 1.9%.

"The large decline in energy components was no surprise," said James Bohnaker, Moody's analyst ( Economy.com Nov. 20). "Oil prices plummeted early in the month and have not rebounded. Brent and West Texas Intermediate crude oil are both trading at less than $80 per barrel, down from $100 in mid-summer."

Food, meanwhile, recorded only a 0.1% jump in prices, its smallest increase since June, as meat prices dropped 0.4%.

The gains in the core CPI were driven by rent prices and other service costs, according to Moody's. The shelter index (rent) advanced 0.2%, and has climbed 3% since this time last year. Other household-related prices, including household furnishings and lodging, also posted increases.

"Rental costs will grow strongly over the next year as household formation picks up, particularly among younger cohorts in large urban areas," Bohnaker said. "The homeownership rate has shown no sign of coming back, so most pent-up demand for housing will be funneled into the multifamily segment in the near term." ReadMore

Other Resources

Existing-home sales jump in Oct.

Market
WASHINGTON (11/21/14)--After stumbling late in the summer, existing-home sales have rebounded with a 1.5% jump in October to 5.26 million annualized units sold on a seasonally adjusted basis, according to the National Association of Realtors ( Economy.com Nov. 20).

Existing-home sales also sit 2.5% higher than levels seen at this time last year, with three out of four U.S. regions posting monthly gains.

The South posted the highest climb month-over-month (5.3%), trailed by the Midwest (5.1%) and the Northeast (4.4%). The West was the only region not to record an increase in sales.

National single-family home inventory fell 3% to 1.96 million units in October, potentially signaling a modest tightening in that segment of the market, according to Moody's analysts.

Inventory remained 5.4% above levels seen in October 2013, however.

Condo and co-op sales have not picked up as much speed as single-family homes, but they are beginning to climb, Moody's said, recording a 3.3% jump from September.

The median sales prices for single-family homes fell to $208,700 in October, sitting 5.6% higher year-over-year, while the average single-family home price has jumped 4.1% annually.

"In terms of sales volume, the housing market has almost pulled out of its slump in the first quarter of 2014, and the steady upward trend in prices is also a good sign of excess demand," said Andres Carbacho-Burgos, Moody's analyst ( Economy.com ). "The median existing single-family home price is well on its way to regaining the 2005 peak by the end of next year."

While single-family home construction has taken the slow road in its recovery from the recession, single-family starts are expected to hasten next year, especially if the labor market continues to tighten and the labor force and household formation continued to climb, Carbacho-Burgos said. ReadMore

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