Auto loan rates up; Savings down in national rate survey

Based upon rate surveys published by BAI, http://www.bai.org/bankingstrategies/tr/fdata.asp, the following 30-day trends indicate that used auto loans are trending up, while short-term deposit rates are falling. The chart below also indicates that longer-term CD rates are rising.

30-day percent change as of November 20, 2006
Interest Checking $2,500 0.00%
Premium Interest Checking $10K 0.00%
Regular Savings $1K -1.35%
Money Market $10K -0.93%
High Liquid Money Market $25K -1.84%
High Liquid Money Market $50K -1.66%
3 Month CD $25K -0.32%
6 Month CD $25K -0.52%
1 Year CD $25K 0.23%
2 Year CD $25K 0.23%
5 Year CD $25K 0.22%
1 Year Jumbo CD 0.00%
For National Banks
Checking Fees & Service Charges
Flat Fee Checking — Monthly Fee 0.00%
NSF Fee 0.00%
ATM Surcharge Fee 0.00%
Stop Payment Fee 0.00%
Bill Pay Monthly Fee 0.00%
Direct Auto Loans
New Autos - 3 yr term, $20K 0.07%
New Autos - 4 yr term, $25K -0.01%
New Autos - 5 yr term, $30K 0.03%
Used Autos - 1 yr old, 5 yr term, $30K 0.31%
Used Autos - 2 yr old, 4 yr term, $20K 0.29%
Used Autos - 3 yr old, 3 yr term, $20K 0.30%
Conventional First Mortgage
15 Year Fixed Conforming 0.00%
30 Year Fixed Conforming 0.00%
15 Year Fixed Jumbo 0.00%
30 Year Fixed Jumbo 0.00%
3 Year Adjustable Conforming 0.00%
5 Year Adjustable Conforming 0.00%
7 Year Adjustable Conforming 0.00%

Posted by Mark Rodrigues at 11/21/2006 12:04 PM
Categories: Deposits, Management, Lending
 

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