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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 $27.95 $30.66 $-2.71
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 10.00% 10.31% -0.31%
New Auto Loan - 5 Years 2.62% 3.90% -1.28%
Used Auto Loan - 2 year Old - 4 Years 2.78% 4.10% -1.32%
HELOC - 80% LTV - $50,000 4.11% 4.37% -0.26%
HE Loan - 80% LTV - $50,000 - 15 Years 5.66% 5.90% -0.24%

Mortgage Loan Products Credit Unions Bank Average Difference
30 Year Fixed Conforming 3.86% 3.87% -0.01%
30 Year Fixed Jumbo 4.04% 3.95% 0.09%
5/1 Year ARM Conforming 2.97% 2.89% 0.08%

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% 13.22% -3.14%
Annual Fee $26.81 $98.57 $-71.76
Maximum Late Fee $22.33 $33.73 $-11.40

Indirect Auto Loan Products Credit Unions Bank Average Difference
Indirect A Tier New Auto Loan - 5 Years 3.59% 3.61% -0.02%
Indirect B Tier New Auto Loan - 5 Years 5.32% 5.20% 0.13%
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 Tuesday, December 16, 2014. For detailed disclosures click here.

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Business Rates

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Daily Financial Rates -- 2014-12-17

Financial Rates


Wednesday, December 17, 2014

03:55 AM CST

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

TermWed
12/17
Tue
12/16
Mon
12/15
Fri
12/12
Thu
12/11
1 month0.030.020.020.020.05
3 month0.030.040.020.030.03
6 month0.110.110.090.090.10
1 year0.210.220.190.210.21
2 year0.580.600.560.620.59
3 year0.991.030.981.051.01
5 year1.531.581.531.621.58
7 year1.851.901.861.961.92
10 year2.072.122.102.192.18
20 year2.402.452.452.542.54
30 year2.692.742.752.842.83

TREASURY BILLS

Results of the December 15, 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, 12/15
Week Ago
Mon, 12/8
13 weeks0.0350.025
26 weeks0.1100.090

PRIME RATE

3.25% Last changed December 16, 2008

FEDERAL FUNDS

TermWed
12/17
Tue
12/16
Mon
12/15
Fri
12/12
Thu
12/11
high0.3120.3120.3120.3120.312
low0.0700.0700.0700.0700.070
near closing bid0.1000.1000.1000.0700.110
offered0.1200.1200.1400.1000.270
effective rate20.1300.1100.1400.1400.110

FREDDIE MAC (Mortgage commitments, 30 days)

TermWed
12/17
Tue
12/16
Mon
12/15
Fri
12/12
Thu
12/11
30 year0.000.000.000.000.00

FANNIE MAE (Mortgage commitments, 30 days)

TermWed
12/17
Tue
12/16
Mon
12/15
Fri
12/12
Thu
12/11
30 year3.3483.4173.4083.4233.466

LIBOR

TermWed
12/17
Tue
12/16
Mon
12/15
Fri
12/12
Thu
12/11
1 month0.241000.243000.241000.244000.25100
3 month0.386000.389000.387000.386000.38600
6 month0.539000.542000.541000.544000.53900
1 year0.843000.844000.843000.845000.84400

COMMERCIAL PAPER (Financial, 90 days)

TermWeek ended
12/16
Week ended
12/9
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.

Other Resources

Fed walkup: 'Considerable time' will tell

Market
WASHINGTON (12/17/14)--The intentions of the Federal Open Market Committee (FOMC) on when it plans to begin nudging up short-term interest rates may be revealed this afternoon when it releases its statement at the conclusion of its two-day policy meeting.

Should the words "considerable time" appear in that statement, it could signal that sluggish inflation has persuaded the Federal Reserve to push back its timeline on when it will begin raising short-term interest rates.

If the Fed leaves those words out, however, chances are the FOMC is giving a heads up to the market that it's gearing up to raise rates in the middle of next year, as many economists have predicted it would.

"It's reasonable to think about taking that language out now," Jim O'Sullivan, economist with High Frequency Economics, told USA TODAY (Dec. 16).

Policymakers are "likely to start trying to reshape market expectations gradually" rather than surprising investors with an abrupt increase in rates, added Drew Matus, economist for UBS ( USA TODAY ).  

Market conditions, which will weigh heavily on the Fed's decision on when to raise rates, largely have proven favorable in recent months, as the economy grew by 3.9% in the third quarter, U.S. employers continue to add jobs at a healthy clip and the unemployment rate continues to taper.

But then there's that pesky inflation.

Bottomed-out oil prices and a weakening global economy have pinned down inflation in the United States below the Fed's annual 2% target, which could give the FOMC reason to hold off on any rate increases ( USA TODAY ).

O'Sullivan told USA TODAY , however, that because the Fed relies on "core" inflation, which leaves out food and energy costs, inflation could still rise to an acceptable level for the FOMC.

And if gas and energy prices continue to flounder, consumer spending may reap the benefits, which could boost economic growth and encourage the Fed to raise rates just the same.

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