The Rate Engine

Interest rates in August 2023

Every rate we track, as it stood on 2023-08-31. 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.

2023-07 · 2023-09

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consumer-credit

SeriesCountryRateAs of
US personal loan rate, 24-month (commercial banks)US12.17%2023-08-01

Deposit & savings rates

SeriesCountryRateAs of
FDIC national average interest checking rateUS0.07%2023-08-01
FDIC national average savings rateUS0.43%2023-08-01
Household deposit rate (agreed maturity, new business) — ATAT2.94%2023-08-01
Household deposit rate (agreed maturity, new business) — BEBE3.63%2023-08-01
Household deposit rate (agreed maturity, new business) — BGBG1.30%2023-08-01
Household deposit rate (agreed maturity, new business) — CYCY1.10%2023-08-01
Household deposit rate (agreed maturity, new business) — DEDE3.11%2023-08-01
Household deposit rate (agreed maturity, new business) — EEEE3.61%2023-08-01
Household deposit rate (agreed maturity, new business) — ESES2.32%2023-08-01
Household deposit rate (agreed maturity, new business) — FIFI3.00%2023-08-01
Household deposit rate (agreed maturity, new business) — FRFR3.56%2023-08-01
Household deposit rate (agreed maturity, new business) — GRGR1.62%2023-08-01
Household deposit rate (agreed maturity, new business) — HRHR1.35%2023-08-01
Household deposit rate (agreed maturity, new business) — IEIE2.09%2023-08-01
Household deposit rate (agreed maturity, new business) — ITIT3.36%2023-08-01
Household deposit rate (agreed maturity, new business) — LTLT3.31%2023-08-01
Household deposit rate (agreed maturity, new business) — LULU3.27%2023-08-01
Household deposit rate (agreed maturity, new business) — LVLV3.34%2023-08-01
Household deposit rate (agreed maturity, new business) — MTMT3.04%2023-08-01
Household deposit rate (agreed maturity, new business) — NLNL2.79%2023-08-01
Household deposit rate (agreed maturity, new business) — PTPT1.92%2023-08-01
Household deposit rate (agreed maturity, new business) — SISI1.51%2023-08-01
Household deposit rate (agreed maturity, new business) — SKSK3.14%2023-08-01
Household deposit rate (agreed maturity, new business) — U2U23.05%2023-08-01
UK 2-year fixed rate savings bondGB5.36%2023-08-31
UK instant access savings rateGB2.56%2023-08-31

Government bond yields

Mortgage rates

SeriesCountryRateAs of
15-year fixed rate mortgage average (PMMS)US6.55%2023-08-31
30-year fixed rate mortgage average (PMMS)US7.18%2023-08-31
Mortgage rate (loans to households for house purchase, new business) — ATAT3.99%2023-08-01
Mortgage rate (loans to households for house purchase, new business) — BEBE3.69%2023-08-01
Mortgage rate (loans to households for house purchase, new business) — CYCY4.40%2023-08-01
Mortgage rate (loans to households for house purchase, new business) — DEDE4.10%2023-08-01
Mortgage rate (loans to households for house purchase, new business) — EEEE5.92%2023-08-01
Mortgage rate (loans to households for house purchase, new business) — ESES3.97%2023-08-01
Mortgage rate (loans to households for house purchase, new business) — FIFI4.24%2023-08-01
Mortgage rate (loans to households for house purchase, new business) — FRFR3.31%2023-08-01
Mortgage rate (loans to households for house purchase, new business) — GRGR4.18%2023-08-01
Mortgage rate (loans to households for house purchase, new business) — HRHR3.46%2023-08-01
Mortgage rate (loans to households for house purchase, new business) — IEIE4.07%2023-08-01
Mortgage rate (loans to households for house purchase, new business) — ITIT4.35%2023-08-01
Mortgage rate (loans to households for house purchase, new business) — LTLT5.76%2023-08-01
Mortgage rate (loans to households for house purchase, new business) — LULU4.33%2023-08-01
Mortgage rate (loans to households for house purchase, new business) — LVLV5.80%2023-08-01
Mortgage rate (loans to households for house purchase, new business) — MTMT2.08%2023-08-01
Mortgage rate (loans to households for house purchase, new business) — NLNL3.92%2023-08-01
Mortgage rate (loans to households for house purchase, new business) — PTPT4.40%2023-08-01
Mortgage rate (loans to households for house purchase, new business) — SISI4.13%2023-08-01
Mortgage rate (loans to households for house purchase, new business) — SKSK3.94%2023-08-01
Mortgage rate (loans to households for house purchase, new business) — U2U23.86%2023-08-01
OBMMI — 15-Year Fixed Rate ConformingUS6.61%2023-08-31
OBMMI — 30-Year Fixed Rate Conforming Mortgage IndexUS7.07%2023-08-31
OBMMI — 30-Year Fixed Rate Conforming, Non-AdjustedUS6.87%2023-08-31
OBMMI — FHA 30-Year FixedUS6.94%2023-08-31
OBMMI — Jumbo 30-Year FixedUS7.46%2023-08-31
OBMMI — LTV >80, FICO <680US7.32%2023-08-31
OBMMI — LTV >80, FICO ≥740US7.08%2023-08-31
OBMMI — LTV >80, FICO 680–699US7.24%2023-08-31
OBMMI — LTV >80, FICO 700–719US7.24%2023-08-31
OBMMI — LTV >80, FICO 720–739US7.16%2023-08-31
OBMMI — LTV ≤80, FICO <680US7.21%2023-08-31
OBMMI — LTV ≤80, FICO ≥740US6.96%2023-08-31
OBMMI — LTV ≤80, FICO 680–699US7.18%2023-08-31
OBMMI — LTV ≤80, FICO 700–719US7.07%2023-08-31
OBMMI — LTV ≤80, FICO 720–739US7.01%2023-08-31
OBMMI — USDA 30-Year FixedUS6.93%2023-08-31
OBMMI — VA 30-Year FixedUS6.70%2023-08-31
Posted rate (major chartered banks) — Conventional mortgage: 1-yearCA7.89%2023-08-30
Posted rate (major chartered banks) — Conventional mortgage: 3-yearCA7.04%2023-08-30
Posted rate (major chartered banks) — Conventional mortgage: 5-yearCA6.84%2023-08-30
Posted rate (major chartered banks) — Daily interest savings (balances over $100,000)CA0.01%2023-08-30
Posted rate (major chartered banks) — Guaranteed investment certificates: 1-yearCA5.10%2023-08-30
Posted rate (major chartered banks) — Guaranteed investment certificates: 3-yearCA4.00%2023-08-30
Posted rate (major chartered banks) — Guaranteed investment certificates: 5-yearCA4.35%2023-08-30
Posted rate (major chartered banks) — Non-chequable savings depositsCA0.01%2023-08-30
Posted rate (major chartered banks) — Personal deposits: 5-year fixed termCA3.00%2023-08-30
Posted rate (major chartered banks) — Prime rateCA7.20%2023-08-30
Rate actually charged on new mortgage lending — Residential mortgages, insured Fixed rate, <1 yearCA8.51%2023-08-01
Rate actually charged on new mortgage lending — Residential mortgages, insured Fixed rate, 1 to <3 yearsCA6.18%2023-08-01
Rate actually charged on new mortgage lending — Residential mortgages, insured Fixed rate, 3 to <5 yearsCA5.55%2023-08-01
Rate actually charged on new mortgage lending — Residential mortgages, insured Fixed rate, 5 years and overCA5.20%2023-08-01
Rate actually charged on new mortgage lending — Residential mortgages, insured Variable rateCA7.54%2023-08-01
Rate actually charged on new mortgage lending — Residential mortgages, insured, TotalCA5.84%2023-08-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured Fixed rate, <1 yearCA7.94%2023-08-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured Fixed rate, 1 to <3 yearsCA5.77%2023-08-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured Fixed rate, 3 to <5 yearsCA5.58%2023-08-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured Fixed rate, 5 years and overCA5.46%2023-08-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured Variable rateCA7.37%2023-08-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured, TotalCA5.83%2023-08-01
UK 2-year fixed mortgage rate (75% LTV)GB6.18%2023-08-31
UK 5-year fixed mortgage rate (75% LTV)GB6.01%2023-08-31

Central bank policy rates

SeriesCountryRateAs of
Bank of Canada target for the overnight rateCA5.00%2023-08-31
Bank of England Bank RateGB5.23%2023-08-31
ECB deposit facility rateU23.75%2023-08-31

About this snapshot

118 series had published data by 2023-08-31. 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.