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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 $27.90 $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.

Other Resources

Fannie trims outlook on mortgage rates

Market
WASHINGTON (11/24/14)--Fannie Mae has dimmed its forecast for home-loan rates in 2015, according to MarketWatch (Nov. 21), however the lower monthly payments may fail to stir up residential sales.

The government's secondary-mortgage market giant dropped its estimate for the 30-year fixed-rate mortgage to about 4.3%, which is a drop of two-tenths of a percentage point from its most recent estimate for next year.

Still, Fannie Mae officials aren't encouraged by the prospects for the 2015 housing market.

"The housing market continues to grind its way upward, but we don't expect a breakout performance in 2015 as the fundamentals remain somewhat muted," Doug Duncan, chief economist for Fannie Mae, told MarketWatch. "We believe that mortgage activity in 2015 will be very similar to 2014."

Rates also continue to remain flat through the end of the year.

Freddie Mac's most recent reading for the 30-year fixed-rate mortgage came in below 4%, the sixth straight week of readings hovering near 4%. The mortgage rate has averaged 7% over the last three decades.

Home sales have not picked up despite the persistent low rates on the market, and analysts believe that if rates continue to remain flat through 2015, there's no reason to believe the housing market will drastically improve.

New single-family homes are selling at a pace 34% below levels seen on average over the past three decades, MarketWatch reported, while existing-home sales have reached a pace about 12% faster than the average of the past 30 years.

Many analysts believe it's the credit standards that are pressing down on sales, not necessarily the price tags on the homes.

"The current situation is much more driven by the availability of mortgage credit than the cost," said David Crowe, chief economist for the National Association of Home Builders.

Other Resources

News of the Competition (11/24/14)

Market
  • NEW YORK (11/24/14)-- Wall Street traders, investment bankers and wealth managers may miss out on the average 4% pay hike they were expected to receive in 2014, thanks to the multibillion dollar penalties their employers--big banks such as Bank of America and Citigroup--have had to dole out for infractions that helped cause the financial crisis in 2008 ( The Wall Street Journal Nov. 20). "This is the year those legal costs come home to roost," Michael Karp, CEO of Options Group, the firm that compiled a report that listed the potential pay raises, told The Wall Street Journal . Investment bankers were expected to receive the healthiest pay increase during bonus season, as their pay was estimated to climb 9% from their year-ago levels . Trader compensation was not expected to change drastically compared with 2013 pay, and wealth-management employees were estimated to receive a 7% raise in 2014, according to Options Group ...

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