The Rate Engine

Interest rates in March 2023

Every rate we track, as it stood on 2023-03-31. 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.

2023-02 · 2023-04

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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%2023-03-01
FDIC national average savings rateUS0.37%2023-03-01
Household deposit rate (agreed maturity, new business) — ATAT2.34%2023-03-01
Household deposit rate (agreed maturity, new business) — BEBE2.50%2023-03-01
Household deposit rate (agreed maturity, new business) — BGBG0.67%2023-03-01
Household deposit rate (agreed maturity, new business) — CYCY0.44%2023-03-01
Household deposit rate (agreed maturity, new business) — DEDE2.20%2023-03-01
Household deposit rate (agreed maturity, new business) — EEEE2.52%2023-03-01
Household deposit rate (agreed maturity, new business) — ESES1.45%2023-03-01
Household deposit rate (agreed maturity, new business) — FIFI2.41%2023-03-01
Household deposit rate (agreed maturity, new business) — FRFR2.77%2023-03-01
Household deposit rate (agreed maturity, new business) — GRGR1.45%2023-03-01
Household deposit rate (agreed maturity, new business) — HRHR1.42%2023-03-01
Household deposit rate (agreed maturity, new business) — IEIE1.14%2023-03-01
Household deposit rate (agreed maturity, new business) — ITIT2.75%2023-03-01
Household deposit rate (agreed maturity, new business) — LTLT1.93%2023-03-01
Household deposit rate (agreed maturity, new business) — LULU2.37%2023-03-01
Household deposit rate (agreed maturity, new business) — LVLV2.23%2023-03-01
Household deposit rate (agreed maturity, new business) — MTMT1.91%2023-03-01
Household deposit rate (agreed maturity, new business) — NLNL2.28%2023-03-01
Household deposit rate (agreed maturity, new business) — PTPT1.01%2023-03-01
Household deposit rate (agreed maturity, new business) — SISI1.09%2023-03-01
Household deposit rate (agreed maturity, new business) — SKSK2.39%2023-03-01
Household deposit rate (agreed maturity, new business) — U2U22.14%2023-03-01
UK 2-year fixed rate savings bondGB3.80%2023-03-31
UK instant access savings rateGB1.53%2023-03-31

Government bond yields

Mortgage rates

SeriesCountryRateAs of
15-year fixed rate mortgage average (PMMS)US5.56%2023-03-30
30-year fixed rate mortgage average (PMMS)US6.32%2023-03-30
Mortgage rate (loans to households for house purchase, new business) — ATAT3.59%2023-03-01
Mortgage rate (loans to households for house purchase, new business) — BEBE3.43%2023-03-01
Mortgage rate (loans to households for house purchase, new business) — CYCY4.02%2023-03-01
Mortgage rate (loans to households for house purchase, new business) — DEDE3.85%2023-03-01
Mortgage rate (loans to households for house purchase, new business) — EEEE4.96%2023-03-01
Mortgage rate (loans to households for house purchase, new business) — ESES3.64%2023-03-01
Mortgage rate (loans to households for house purchase, new business) — FIFI3.48%2023-03-01
Mortgage rate (loans to households for house purchase, new business) — FRFR2.54%2023-03-01
Mortgage rate (loans to households for house purchase, new business) — GRGR3.79%2023-03-01
Mortgage rate (loans to households for house purchase, new business) — HRHR2.93%2023-03-01
Mortgage rate (loans to households for house purchase, new business) — IEIE3.46%2023-03-01
Mortgage rate (loans to households for house purchase, new business) — ITIT4.02%2023-03-01
Mortgage rate (loans to households for house purchase, new business) — LTLT5.03%2023-03-01
Mortgage rate (loans to households for house purchase, new business) — LULU3.83%2023-03-01
Mortgage rate (loans to households for house purchase, new business) — LVLV5.06%2023-03-01
Mortgage rate (loans to households for house purchase, new business) — MTMT2.14%2023-03-01
Mortgage rate (loans to households for house purchase, new business) — NLNL3.50%2023-03-01
Mortgage rate (loans to households for house purchase, new business) — PTPT3.78%2023-03-01
Mortgage rate (loans to households for house purchase, new business) — SISI4.09%2023-03-01
Mortgage rate (loans to households for house purchase, new business) — SKSK3.67%2023-03-01
Mortgage rate (loans to households for house purchase, new business) — U2U23.38%2023-03-01
OBMMI — 15-Year Fixed Rate ConformingUS5.86%2023-03-31
OBMMI — 30-Year Fixed Rate Conforming Mortgage IndexUS6.40%2023-03-31
OBMMI — 30-Year Fixed Rate Conforming, Non-AdjustedUS6.13%2023-03-31
OBMMI — FHA 30-Year FixedUS6.37%2023-03-31
OBMMI — Jumbo 30-Year FixedUS6.56%2023-03-31
OBMMI — LTV >80, FICO <680US6.59%2023-03-31
OBMMI — LTV >80, FICO ≥740US6.39%2023-03-31
OBMMI — LTV >80, FICO 680–699US6.65%2023-03-31
OBMMI — LTV >80, FICO 700–719US6.47%2023-03-31
OBMMI — LTV >80, FICO 720–739US6.54%2023-03-31
OBMMI — LTV ≤80, FICO <680US6.50%2023-03-31
OBMMI — LTV ≤80, FICO ≥740US6.26%2023-03-31
OBMMI — LTV ≤80, FICO 680–699US6.47%2023-03-31
OBMMI — LTV ≤80, FICO 700–719US6.51%2023-03-31
OBMMI — LTV ≤80, FICO 720–739US6.44%2023-03-31
OBMMI — USDA 30-Year FixedUS6.44%2023-03-31
OBMMI — VA 30-Year FixedUS6.06%2023-03-31
Posted rate (major chartered banks) — Conventional mortgage: 1-yearCA6.29%2023-03-29
Posted rate (major chartered banks) — Conventional mortgage: 3-yearCA6.14%2023-03-29
Posted rate (major chartered banks) — Conventional mortgage: 5-yearCA6.49%2023-03-29
Posted rate (major chartered banks) — Daily interest savings (balances over $100,000)CA0.01%2023-03-29
Posted rate (major chartered banks) — Guaranteed investment certificates: 1-yearCA3.03%2023-03-29
Posted rate (major chartered banks) — Guaranteed investment certificates: 3-yearCA3.13%2023-03-29
Posted rate (major chartered banks) — Guaranteed investment certificates: 5-yearCA3.23%2023-03-29
Posted rate (major chartered banks) — Non-chequable savings depositsCA0.01%2023-03-29
Posted rate (major chartered banks) — Personal deposits: 5-year fixed termCA2.75%2023-03-29
Posted rate (major chartered banks) — Prime rateCA6.70%2023-03-29
Rate actually charged on new mortgage lending — Residential mortgages, insured Fixed rate, <1 yearCA8.12%2023-03-01
Rate actually charged on new mortgage lending — Residential mortgages, insured Fixed rate, 1 to <3 yearsCA5.64%2023-03-01
Rate actually charged on new mortgage lending — Residential mortgages, insured Fixed rate, 3 to <5 yearsCA5.09%2023-03-01
Rate actually charged on new mortgage lending — Residential mortgages, insured Fixed rate, 5 years and overCA4.84%2023-03-01
Rate actually charged on new mortgage lending — Residential mortgages, insured Variable rateCA6.59%2023-03-01
Rate actually charged on new mortgage lending — Residential mortgages, insured, TotalCA5.48%2023-03-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured Fixed rate, <1 yearCA7.38%2023-03-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured Fixed rate, 1 to <3 yearsCA5.53%2023-03-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured Fixed rate, 3 to <5 yearsCA5.15%2023-03-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured Fixed rate, 5 years and overCA5.11%2023-03-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured Variable rateCA6.63%2023-03-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured, TotalCA5.54%2023-03-01
UK 2-year fixed mortgage rate (75% LTV)GB4.74%2023-03-31
UK 5-year fixed mortgage rate (75% LTV)GB4.56%2023-03-31

Central bank policy rates

SeriesCountryRateAs of
Bank of Canada target for the overnight rateCA4.50%2023-03-31
Bank of England Bank RateGB4.08%2023-03-31
ECB deposit facility rateU23.00%2023-03-31

About this snapshot

118 series had published data by 2023-03-31. 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.