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Here are the average loan rates from Bank Rate Monitor's weekly survey of the 100 largest institutions in the country. Home equity line: $5,000 fixed-rate, 60-month term; New-car: $16,000 fixed-rate loan, 48-month term, 20% downpayment; Mortgage: $150,000 loan.
02/26/2003 This week Last Week 3-months ago
Product Rate Monthly payment Rate Monthly payment Rate Monthly payment
30-year Mortgage 5.73 $875.99 5.77 $875.99 6.10 $909.92
15-year Mortgage 5.08 $1185.19 5.19 $1197.63 5.52 $1226.25
1-year ARM 3.86 $701.81 4.09 $720.64 4.53 $766.12
Home Equity Line 5.08 $21.00 4.88 $20.50 5.00 $21.00
New car 8.51 $395.65 8.51 $395.65 8.47 $394.27

 
 

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* Mortgage rate may include points. See rate tables for details. Click here.
* To see the definition of overnight averages click here.

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