What was interest rate in 2007?
Average 30-year mortgage rates since 1972
| Year | Average 30-Year Rate |
|---|---|
| 2006 | 6.41% |
| 2007 | 6.34% |
| 2008 | 6.03% |
| 2009 | 5.04% |
What was the CD interest rate in 2007?
While the current national average yield on a one-year CD is 3.76 percent, there are opportunities to secure a better rate….
| MMA | 0.69% |
|---|---|
| 6 month CD | 0.94% |
| 1 yr CD | 1.49% |
| 5 yr CD | 1.93% |
What were savings interest rates in 2006?
Money Market Interest Rates and Mortgage Rates, 2003? 2006
| Type | 2003 | 2006 |
|---|---|---|
| Federal funds, effective rate | 1.13% | 4.97% |
| Prime rate charged by banks | 4.12 | 7.96 |
| Discount rate 1 | 2.12 | 5.96 |
| Eurodollar deposits, 3-month | 1.14 | 5.19 |
What was the average interest rate on a savings account in 2017?
0.06%
Which bank gives high interest rate?
Fixed Deposit Interest Rates by Different Banks
| Bank | Tenure | Interest rate |
|---|---|---|
| ICICI Bank | 7 days to 10 years | 4% to 7.25% |
| Punjab National Bank | 7 days to 10 years | 5.70% to 6.85% |
| HDFC Bank | 7 days to 10 years | 3.5% to 7.40% |
| Axis Bank | 7 days to 10 years | 3.5% to 7.25% |
Which bank offers highest interest rate on savings account?
Among private lenders, RBL Bank is offering the highest savings account interest to its customers. As per the bank’s official figures, it is currently offering savings account interest rates that range from 4.5 percent to 6.25 percent.
Should I have 2 savings accounts?
“Having more than one savings account is a good idea because it creates a specific plan for your money,” Schulte says. At the end of the day, how much you save matters—but so does where you save. If you’re trying to accomplish multiple savings goals, opening multiple bank accounts may be the right plan for you.