What were CD rates in 2014?
Historical CD rates
3-month CD | 5-year CD | |
---|---|---|
January 2014 | 0.08% | 0.75% |
July 2014 | 0.08% | 0.76% |
January 2015 | 0.08% | 0.78% |
July 2015 | 0.08% | 0.78% |
What was FD interest rate in 2014?
In a regulatory filing, the bank said it has lowered interest rates by 25 basis points (bps) to 8.75% from 9% for deposits maturing between one to three years, with effect from Thursday September 18. The bank, however, increased its deposit rates for maturities between 180 to 210 days by 25 bps to 7.25%.
What is the highest CD rate in history?
18.65%
The highest CD rates in modern history are decades behind us — around the start of the 1980s. A three-month CD in December 1980 earned 18.65%, according to data from the Federal Reserve Bank of St. Louis.
What were CD rates in 2004?
Money Market Interest Rates and Mortgage Rates, 2003? 2006
Type | 2003 | 2004 |
---|---|---|
Certificates of deposits (CDs): 3 | ||
6-month | 1.02 | 1.14 |
1-year | 1.20 | 1.45 |
2-year | 1.77 | 2.21 |
What were interest rates in 1984?
Average 30–year mortgage rate trends
Year | Average 30-Year Rate |
---|---|
1982 | 16.04% |
1983 | 13.24% |
1984 | 13.88% |
1985 | 12.43% |
What were CD rates in 1981?
CD rates in the 1980s On average, 3-month CDs in early May 1981 paid about 18.3 percent APY, according to data from the St. Louis Federal Reserve. The reason interest rates were so high in the 1980s was due to high inflation. With inflation, the cost of goods and services rises and your money doesn’t buy as much.
What were interest rates in 2013?
Average 30–year mortgage rate trends
Year | Average 30-Year Rate |
---|---|
2013 | 3.98% |
2014 | 4.17% |
2015 | 3.85% |
2016 | 3.65% |
What was FD interest rate in 2013?
Table 74 : Structure of Interest Rates
(Per cent per annum) | ||
---|---|---|
Year (as at end March) | Call/ Notice Money Rates | Deposit Rates* |
2011-12 | 8.22 | 4.00 |
2012-13 | 8.09 | 4.00 |
2013-14 | 8.28 | 4.00 |
What were CD rates in 1978?
1967 | 1978 | |
---|---|---|
January | 5.521 | 5.817 |
February | 5.532 | 5.989 |
March | 5.517 | 6.158 |
April | 5.448 | 6.343 |