federal reserve

Fed didn't taper; effect on your finances

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The Fed tries to communicate clearly, but it doesn't always succeed.

 

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MORTGAGE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed 4.24%  0.04 4.20%
15 year fixed 3.30%  0.12 3.18%
5/1 ARM 3.42%  0.06 3.36%
 
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Product Rate Change Last week
30K FICO-based HELOC 4.29%  0.01 4.28%
50K FICO-based HELOC 4.04%  0.01 4.03%
100K FICO-based HELOC 3.89% --0.00 3.89%
 
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Product Rate Change Last week
60 month used car loan 2.79% --0.00 2.79%
48 month used car loan 2.98% --0.00 2.98%
60 month new car loan 3.24% --0.00 3.24%
 
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Product Rate Change Last week
1 Year CD 0.95%  0.04 0.91%
2 Year CD 1.15%  0.04 1.11%
5 Year CD 1.75%  0.05 1.70%
 
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Product Rate Change Last week
Balance Transfer Cards 15.77%  0.01 15.78%
Cash Back Cards 16.48% --0.00 16.48%
Low Interest Cards 10.96% --0.00 10.96%
 
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Lame jobs report great for borrowers

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