Mortgages
Rate: 6.69 percent (30-year fixed) Average points: 0.36
Mortgage rates dropped across the board this week. The average 30-year fixed fell to 6.69 percent versus 6.73 percent last week, while the average 15-year fixed-rate mortgage shed a couple basis points to come in at 6.31 percent. The average 30-year jumbo now stands at 6.87 percent, down from 6.91 percent a week ago. On the adjustable side, the average 5/1 adjustable-rate mortgage is 6.27 percent, down 6 basis points from last week. A basis point is one hundredth of 1 percentage point. The average one-year adjustable-rate mortgage came in at 5.9 percent versus last week's 5.96 percent.

Home equity products
Rates: 8.01 percent (line of credit); 7.69 percent (loan)
The average home equity line of credit dropped 1 basis point to 8.01 percent. Nevertheless, that's up 7 basis points in the last two weeks. The average home equity loan rate rose a notch to 7.69 from 7.68 percent.

Auto loans
Rates: 8.09 percent (60-month, new-car); 8.85 percent (36-month, used-car)
While the average rate for 60-month and 48-month new-car loans remained unchanged this week at 8.09 percent and 8.05 percent respectively, the average rate for a 36-month, new car rose 2 basis points to 8 percent. But used-car buyers will see the biggest increase with the average rate for a 36-month loan pegged at 8.85 percent, up 8 basis points from last week.

Certificates of deposit
Yields: 3.7 percent (1-year CD yield); 4.04 percent (5-year CD yield)
Another miniscule gain this week for CDs. The average yield for one-year CDs rose 1 basis point to 3.70 percent, and the same goes for the average yield on the five-year CD, a 1-basis-point rise to 4.04 percent.