The Rate Engine

Interest rates in February 2023

Every rate we track, as it stood on 2023-02-28. Figures are the most recent observation published at or before that date — never interpolated, so a value dated earlier means that was genuinely the latest number available at the time.

2023-01 · 2023-03

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consumer-credit

SeriesCountryRateAs of
US personal loan rate, 24-month (commercial banks)US11.48%2023-02-01

Deposit & savings rates

SeriesCountryRateAs of
FDIC national average interest checking rateUS0.06%2023-02-01
FDIC national average savings rateUS0.35%2023-02-01
Household deposit rate (agreed maturity, new business) — ATAT2.13%2023-02-01
Household deposit rate (agreed maturity, new business) — BEBE2.26%2023-02-01
Household deposit rate (agreed maturity, new business) — BGBG1.22%2023-02-01
Household deposit rate (agreed maturity, new business) — CYCY0.56%2023-02-01
Household deposit rate (agreed maturity, new business) — DEDE1.98%2023-02-01
Household deposit rate (agreed maturity, new business) — EEEE2.12%2023-02-01
Household deposit rate (agreed maturity, new business) — ESES1.04%2023-02-01
Household deposit rate (agreed maturity, new business) — FIFI2.23%2023-02-01
Household deposit rate (agreed maturity, new business) — FRFR2.58%2023-02-01
Household deposit rate (agreed maturity, new business) — GRGR1.21%2023-02-01
Household deposit rate (agreed maturity, new business) — HRHR1.07%2023-02-01
Household deposit rate (agreed maturity, new business) — IEIE1.02%2023-02-01
Household deposit rate (agreed maturity, new business) — ITIT2.79%2023-02-01
Household deposit rate (agreed maturity, new business) — LTLT1.45%2023-02-01
Household deposit rate (agreed maturity, new business) — LULU2.13%2023-02-01
Household deposit rate (agreed maturity, new business) — LVLV1.73%2023-02-01
Household deposit rate (agreed maturity, new business) — MTMT1.43%2023-02-01
Household deposit rate (agreed maturity, new business) — NLNL2.07%2023-02-01
Household deposit rate (agreed maturity, new business) — PTPT0.73%2023-02-01
Household deposit rate (agreed maturity, new business) — SISI0.79%2023-02-01
Household deposit rate (agreed maturity, new business) — SKSK2.13%2023-02-01
Household deposit rate (agreed maturity, new business) — U2U21.95%2023-02-01
UK 2-year fixed rate savings bondGB3.75%2023-02-28
UK instant access savings rateGB1.44%2023-02-28

Government bond yields

Mortgage rates

SeriesCountryRateAs of
15-year fixed rate mortgage average (PMMS)US5.76%2023-02-23
30-year fixed rate mortgage average (PMMS)US6.50%2023-02-23
Mortgage rate (loans to households for house purchase, new business) — ATAT3.46%2023-02-01
Mortgage rate (loans to households for house purchase, new business) — BEBE3.32%2023-02-01
Mortgage rate (loans to households for house purchase, new business) — CYCY3.45%2023-02-01
Mortgage rate (loans to households for house purchase, new business) — DEDE3.76%2023-02-01
Mortgage rate (loans to households for house purchase, new business) — EEEE4.92%2023-02-01
Mortgage rate (loans to households for house purchase, new business) — ESES3.52%2023-02-01
Mortgage rate (loans to households for house purchase, new business) — FIFI3.28%2023-02-01
Mortgage rate (loans to households for house purchase, new business) — FRFR2.35%2023-02-01
Mortgage rate (loans to households for house purchase, new business) — GRGR3.83%2023-02-01
Mortgage rate (loans to households for house purchase, new business) — HRHR2.97%2023-02-01
Mortgage rate (loans to households for house purchase, new business) — IEIE3.10%2023-02-01
Mortgage rate (loans to households for house purchase, new business) — ITIT3.79%2023-02-01
Mortgage rate (loans to households for house purchase, new business) — LTLT4.87%2023-02-01
Mortgage rate (loans to households for house purchase, new business) — LULU3.68%2023-02-01
Mortgage rate (loans to households for house purchase, new business) — LVLV4.95%2023-02-01
Mortgage rate (loans to households for house purchase, new business) — MTMT2.37%2023-02-01
Mortgage rate (loans to households for house purchase, new business) — NLNL3.52%2023-02-01
Mortgage rate (loans to households for house purchase, new business) — PTPT3.49%2023-02-01
Mortgage rate (loans to households for house purchase, new business) — SISI4.05%2023-02-01
Mortgage rate (loans to households for house purchase, new business) — SKSK3.42%2023-02-01
Mortgage rate (loans to households for house purchase, new business) — U2U23.25%2023-02-01
OBMMI — 15-Year Fixed Rate ConformingUS5.96%2023-02-28
OBMMI — 30-Year Fixed Rate Conforming Mortgage IndexUS6.68%2023-02-28
OBMMI — 30-Year Fixed Rate Conforming, Non-AdjustedUS6.55%2023-02-28
OBMMI — FHA 30-Year FixedUS6.49%2023-02-28
OBMMI — Jumbo 30-Year FixedUS6.43%2023-02-28
OBMMI — LTV >80, FICO <680US6.84%2023-02-28
OBMMI — LTV >80, FICO ≥740US6.67%2023-02-28
OBMMI — LTV >80, FICO 680–699US6.80%2023-02-28
OBMMI — LTV >80, FICO 700–719US6.81%2023-02-28
OBMMI — LTV >80, FICO 720–739US6.72%2023-02-28
OBMMI — LTV ≤80, FICO <680US6.83%2023-02-28
OBMMI — LTV ≤80, FICO ≥740US6.59%2023-02-28
OBMMI — LTV ≤80, FICO 680–699US6.80%2023-02-28
OBMMI — LTV ≤80, FICO 700–719US6.83%2023-02-28
OBMMI — LTV ≤80, FICO 720–739US6.56%2023-02-28
OBMMI — USDA 30-Year FixedUS6.45%2023-02-28
OBMMI — VA 30-Year FixedUS6.25%2023-02-28
Posted rate (major chartered banks) — Conventional mortgage: 1-yearCA6.34%2023-02-22
Posted rate (major chartered banks) — Conventional mortgage: 3-yearCA6.14%2023-02-22
Posted rate (major chartered banks) — Conventional mortgage: 5-yearCA6.49%2023-02-22
Posted rate (major chartered banks) — Daily interest savings (balances over $100,000)CA0.01%2023-02-22
Posted rate (major chartered banks) — Guaranteed investment certificates: 1-yearCA3.00%2023-02-22
Posted rate (major chartered banks) — Guaranteed investment certificates: 3-yearCA3.13%2023-02-22
Posted rate (major chartered banks) — Guaranteed investment certificates: 5-yearCA3.23%2023-02-22
Posted rate (major chartered banks) — Non-chequable savings depositsCA0.01%2023-02-22
Posted rate (major chartered banks) — Personal deposits: 5-year fixed termCA3.40%2023-02-22
Posted rate (major chartered banks) — Prime rateCA6.70%2023-02-22
Rate actually charged on new mortgage lending — Residential mortgages, insured Fixed rate, <1 yearCA8.19%2023-02-01
Rate actually charged on new mortgage lending — Residential mortgages, insured Fixed rate, 1 to <3 yearsCA5.60%2023-02-01
Rate actually charged on new mortgage lending — Residential mortgages, insured Fixed rate, 3 to <5 yearsCA5.14%2023-02-01
Rate actually charged on new mortgage lending — Residential mortgages, insured Fixed rate, 5 years and overCA4.88%2023-02-01
Rate actually charged on new mortgage lending — Residential mortgages, insured Variable rateCA6.33%2023-02-01
Rate actually charged on new mortgage lending — Residential mortgages, insured, TotalCA5.53%2023-02-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured Fixed rate, <1 yearCA7.37%2023-02-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured Fixed rate, 1 to <3 yearsCA5.55%2023-02-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured Fixed rate, 3 to <5 yearsCA5.13%2023-02-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured Fixed rate, 5 years and overCA5.09%2023-02-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured Variable rateCA6.48%2023-02-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured, TotalCA5.57%2023-02-01
UK 2-year fixed mortgage rate (75% LTV)GB4.79%2023-02-28
UK 5-year fixed mortgage rate (75% LTV)GB4.66%2023-02-28

Central bank policy rates

SeriesCountryRateAs of
Bank of Canada target for the overnight rateCA4.50%2023-02-28
Bank of England Bank RateGB3.98%2023-02-28
ECB deposit facility rateU22.50%2023-02-28

About this snapshot

118 series had published data by 2023-02-28. Where the “as of” column shows an earlier date, that series had not published again by the snapshot date — monthly and quarterly statistics routinely lag by weeks or months, and we show the real observation date rather than restating an old figure as if it were new.