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September 19, 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 0.46% 0.28% 0.18%
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 $32.03 $-4.13
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 10.16% 10.33% -0.17%
New Auto Loan - 5 Years 2.61% 3.82% -1.21%
Used Auto Loan - 2 year Old - 4 Years 2.77% 4.02% -1.25%
HELOC - 80% LTV - $50,000 4.13% 4.41% -0.28%
HE Loan - 80% LTV - $50,000 - 15 Years 5.66% 5.95% -0.29%

Mortgage Loan Products Credit Unions Bank Average Difference
30 Year Fixed Conforming 4.24% 4.30% -0.06%
30 Year Fixed Jumbo 4.31% 4.29% 0.02%
5/1 Year ARM Conforming 2.94% 2.94% 0.00%

Credit Card Products Credit Unions Bank Average Difference
Platinum 9.01% 10.48% -1.47%
Annual Fee $25.00 $31.00 $-6.00
Maximum Late Fee $25.95 $33.42 $-7.47
Reward 9.99% 13.66% -3.67%
Annual Fee $26.71 $99.74 $-73.03
Maximum Late Fee $22.66 $33.72 $-11.06

Indirect Auto Loan Products Credit Unions Bank Average Difference
Indirect A Tier New Auto Loan - 5 Years 3.59% 3.78% -0.18%
Indirect B Tier New Auto Loan - 5 Years 5.32% 5.32% 0.00%
Indirect C Tier New Auto Loan - 5 Years 7.49% 6.77% 0.72%

Averages displayed are straight averages of all institutions within the Informa Research Services database for the selected region as of Thursday, September 18, 2014. For detailed disclosures click here.

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Business Rates

Market
Daily Financial Rates -- 2014-09-19

Financial Rates


Friday, September 19, 2014

03:55 AM CDT

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

TermFri
9/19
Thu
9/18
Wed
9/17
Tue
9/16
Mon
9/15
1 month0.010.010.010.010.01
3 month0.020.020.020.020.02
6 month0.040.050.040.050.05
1 year0.120.120.130.110.11
2 year0.590.590.550.580.58
3 year1.101.081.041.061.07
5 year1.851.821.781.801.83
7 year2.322.292.262.262.29
10 year2.632.622.602.602.62
20 year3.123.123.113.093.10
30 year3.363.373.363.343.35

TREASURY BILLS

Results of the September 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, 9/15
Week Ago
Mon, 9/8
13 weeks0.0150.020
26 weeks0.0450.045

PRIME RATE

3.25% Last changed December 16, 2008

FEDERAL FUNDS

TermFri
9/19
Thu
9/18
Wed
9/17
Tue
9/16
Mon
9/15
high0.3120.3120.3120.3120.312
low0.0600.0700.0700.0500.050
near closing bid0.0800.0700.0800.0800.080
offered0.2800.2800.2800.1000.270
effective rate20.1000.1000.1000.1000.100

FREDDIE MAC (Mortgage commitments, 30 days)

TermFri
9/19
Thu
9/18
Wed
9/17
Tue
9/16
Mon
9/15
30 year0.000.000.000.000.00

FANNIE MAE (Mortgage commitments, 30 days)

TermFri
9/19
Thu
9/18
Wed
9/17
Tue
9/16
Mon
9/15
30 year3.8813.8583.8553.8703.842

LIBOR

TermFri
9/19
Thu
9/18
Wed
9/17
Tue
9/16
Mon
9/15
1 month0.213000.213000.212000.214000.21000
3 month0.371000.369000.366000.365000.36300
6 month0.540000.537000.536000.539000.53900
1 year0.846000.846000.845000.845000.84500

COMMERCIAL PAPER (Financial, 90 days)

TermWeek ended
9/16
Week ended
9/9
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. ReadMore

Other Resources

Housing starts slide 14.4% in Aug.

Market
WASHINGTON (9/19/14)--After swelling in July, housing starts dropped by 14.4% in August to 956,000, according to numbers from the Commerce Department Thursday.

The biggest decline came in multifamily, or apartment construction starts, which fell by 31.5% for the month. Single-family starts slid 2.4% in August, but are still up 4.2% year-over-year ( Economy.com Sept. 18 ).
Overall starts remain 8.3% above their year-ago levels as well.

"Regionally, the decline in housing starts was broad-based, with all four census regions showing monthly declines," said Andres Carbacho-Burgos, Moody's analyst ( Economy.com ).

Housing completions, meanwhile, climbed 3.2% in August up to 892,000, which is 16.9% higher than the pace seen this time last year. The gain was driven by multifamily completions, however, as single-family completions fell.

Privately owned housing permits dropped by 5.6% from July to 998,000, but remain 5.3% higher than last year.

Despite the weaker data in August, many analysts chalk it up to mere volatility in the housing market.

"Overall, the weakness in this report reflects the expected giveback from the unexpected surge in activity the month before, and is not an indication of weakening underlying momentum in the sector," Millan Mulraine, deputy head of U.S. research and strategy for TD Securities, said ( MarketWatch.com Sept. 18). ReadMore

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