What was the home loan interest rate in 2015?
What was the home loan interest rate in 2015?
With this announcement, women as well as applicants from weaker sections will get home loans at 9.85%. The rate will be 9.90% for all others. The reduced rate will be effective from April 14, 2015 for new borrowers.
What were interest rates in 2016?
Mortgage rate trends over time
| Year | Average 30-Year Rate |
|---|---|
| 2015 | 3.85% |
| 2016 | 3.65% |
| 2017 | 3.99% |
| 2018 | 4.54% |
What was the 30-year mortgage rate in 2015?
Conventional mortgage rates ticked up to new highs for the year, with Freddie Mac saying the 30-year home loan averaged 4.08%, up from 4.02% last week.
What was the interest rate in 2013?
Monthly Average Commitment Rate And Points On 30-Year Fixed-Rate Mortgages Since 1971
| 2017 | 2013 | |
|---|---|---|
| Rate | Rate | |
| January | 4.15 | 3.41 |
| February | 4.17 | 3.53 |
| March | 4.2 | 3.57 |
What was the home loan interest rate in 2014?
“This is a limited period offer, and is valid for all new applications submitted before January 31, 2014, and first disbursement taken by February 28, 2014,” HDFC release says. “The new rates for home loans up to Rs. 75 lakh will be 10.25 per cent per annum,” HDFC statement adds.
What were interest rates in 2005?
Money Market Interest Rates and Mortgage Rates, 2003? 2006
| Type | 2003 | 2005 |
|---|---|---|
| Federal funds, effective rate | 1.13% | 3.22% |
| Prime rate charged by banks | 4.12 | 6.19 |
| Discount rate 1 | 2.12 | 4.19 |
| Eurodollar deposits, 3-month | 1.14 | 3.51 |
What was the interest rate in 2014?
Rates went up to 4.17% in 2014. In 2015, mortgage rates fell back to 3.85% as the market calmed down.
What was the rate of interest in 2018?
As per RBI data, in January 2018, the minimum one-year MCLR of public sector banks stood at 7.95 per cent whereas the maximum was 8.65 per cent. On the other hand, the minimum and maximum one-year MCLR within the same category of banks in November 2018 stood at 8.50 per cent and 8.95 per cent, respectively.
