Search student loan

Tuesday, November 1, 2011

Prime Loan Interest Rate Forecast


Prime Loan Interest Rate Forecast Values

Percent, Average of Month.
MonthDateForecast
Value
50%
Correct +/-
80%
Correct +/-
0Sep 20113.2500.000.00
1Oct 20113.250.020.04
2Nov 20113.250.030.06
3Dec 20113.250.030.07
4Jan 20123.250.030.07
5Feb 20123.250.040.08
6Mar 20123.250.040.09
7Apr 20123.250.040.09
8May 20123.250.040.10
Updated Sunday, October 16, 2011

All forecasts are provided AS IS, and FFC disclaims any and all warranties, whether express or implied, including (without limitation) any implied warranties of merchantability or fitness for a particular purpose.


Click Here to get the rest of the story with the Long Range forecasts

Prime Loan Interest Rate Forecast Trend

Past Trend with Projected Values
Bank Prime Interest Rate
Other Links of Interest:
A long range forecast for this or similar economic series is available by subscription

Current Money Rates
October 31, 2011 (Close of Day)
Indicator
Value
Prime Rate3.25
30 Year T-Bond3.13
10 Year T-Note2.11
91 Day T-Bill0.01
Fed Funds0.07
London EuroDollar 1 Month0.35
Mortgage Rate 30 Year4.10

Auto Loan Rate


Average Auto Loan Rates January 21, 2011


Average auto loan rates were mostly lower this week, following Treasury yields lower. Interest rates on auto loans have stabilized recently after heading higher at the end of 2010. Rates on loans will start going higher in 2011 as the economy improves, the unemployment rate goes down and inflation becomes a concern. Once this happens the Fed will raise interest rates which will cause auto loan rates to go higher.
The current average interest rate on 3 year new auto loans is 5.02 percent this week, down from last week’s average rate of 5.07 percent. This is the second consecutive week 3 year new auto loan rates are lower.
The current average loan interest rate for 4 year new auto loans is averaging 5.15 percent, down from the prior week’s average rate of 5.18 percent. These rates are average rates, there are banks and credit unions offering loan rates that are considerably lower.
Interest rates on 5 year new auto loans currently are averaging 5.27 percent, a decline from last week’s average of 5.29 percent. Right now on our rate list PenFed Credit Union is offering rates at 2.99 percent.
Current 4 year used auto loan rates are unchanged for the week ending January 21, 2011. Average interest rates on 4 year used auto loans are averaging 5.51 percent, unchanged from the previous week.

January 21, 2011 Average Auto Loan Interest Rates

  • 3 Year New Auto Loan Rates 5.02%
  • 4 year New Auto Loan 5.15%
  • New Auto Loan – 5 Year 5.27%
  • Used Auto Loan – 4 Year 5.51%