The Rate Engine

Interest rates in December 2023

Every rate we track, as it stood on 2023-12-31. 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.

2023-11 · 2024-01

auto

card

consumer-credit

SeriesCountryRateAs of
US personal loan rate, 24-month (commercial banks)US12.35%2023-11-01

Deposit & savings rates

SeriesCountryRateAs of
FDIC national average interest checking rateUS0.07%2023-12-01
FDIC national average savings rateUS0.46%2023-12-01
Household deposit rate (agreed maturity, new business) — ATAT3.26%2023-12-01
Household deposit rate (agreed maturity, new business) — BEBE3.50%2023-12-01
Household deposit rate (agreed maturity, new business) — BGBG1.41%2023-12-01
Household deposit rate (agreed maturity, new business) — CYCY2.12%2023-12-01
Household deposit rate (agreed maturity, new business) — DEDE3.34%2023-12-01
Household deposit rate (agreed maturity, new business) — EEEE4.23%2023-12-01
Household deposit rate (agreed maturity, new business) — ESES2.58%2023-12-01
Household deposit rate (agreed maturity, new business) — FIFI3.43%2023-12-01
Household deposit rate (agreed maturity, new business) — FRFR3.79%2023-12-01
Household deposit rate (agreed maturity, new business) — GRGR1.84%2023-12-01
Household deposit rate (agreed maturity, new business) — HRHR2.22%2023-12-01
Household deposit rate (agreed maturity, new business) — IEIE2.73%2023-12-01
Household deposit rate (agreed maturity, new business) — ITIT3.90%2023-12-01
Household deposit rate (agreed maturity, new business) — LTLT3.53%2023-12-01
Household deposit rate (agreed maturity, new business) — LULU3.42%2023-12-01
Household deposit rate (agreed maturity, new business) — LVLV3.51%2023-12-01
Household deposit rate (agreed maturity, new business) — MTMT3.49%2023-12-01
Household deposit rate (agreed maturity, new business) — NLNL2.89%2023-12-01
Household deposit rate (agreed maturity, new business) — PTPT3.08%2023-12-01
Household deposit rate (agreed maturity, new business) — SISI1.94%2023-12-01
Household deposit rate (agreed maturity, new business) — SKSK3.31%2023-12-01
Household deposit rate (agreed maturity, new business) — U2U23.29%2023-12-01
UK 2-year fixed rate savings bondGB4.91%2023-12-31
UK instant access savings rateGB2.81%2023-12-31

Government bond yields

Mortgage rates

SeriesCountryRateAs of
15-year fixed rate mortgage average (PMMS)US5.93%2023-12-28
30-year fixed rate mortgage average (PMMS)US6.61%2023-12-28
Mortgage rate (loans to households for house purchase, new business) — ATAT4.20%2023-12-01
Mortgage rate (loans to households for house purchase, new business) — BEBE3.90%2023-12-01
Mortgage rate (loans to households for house purchase, new business) — CYCY5.05%2023-12-01
Mortgage rate (loans to households for house purchase, new business) — DEDE4.05%2023-12-01
Mortgage rate (loans to households for house purchase, new business) — EEEE5.92%2023-12-01
Mortgage rate (loans to households for house purchase, new business) — ESES3.82%2023-12-01
Mortgage rate (loans to households for house purchase, new business) — FIFI4.28%2023-12-01
Mortgage rate (loans to households for house purchase, new business) — FRFR3.60%2023-12-01
Mortgage rate (loans to households for house purchase, new business) — GRGR4.37%2023-12-01
Mortgage rate (loans to households for house purchase, new business) — HRHR3.58%2023-12-01
Mortgage rate (loans to households for house purchase, new business) — IEIE4.17%2023-12-01
Mortgage rate (loans to households for house purchase, new business) — ITIT4.40%2023-12-01
Mortgage rate (loans to households for house purchase, new business) — LTLT5.64%2023-12-01
Mortgage rate (loans to households for house purchase, new business) — LULU4.49%2023-12-01
Mortgage rate (loans to households for house purchase, new business) — LVLV5.84%2023-12-01
Mortgage rate (loans to households for house purchase, new business) — MTMT2.22%2023-12-01
Mortgage rate (loans to households for house purchase, new business) — NLNL4.08%2023-12-01
Mortgage rate (loans to households for house purchase, new business) — PTPT4.58%2023-12-01
Mortgage rate (loans to households for house purchase, new business) — SISI4.05%2023-12-01
Mortgage rate (loans to households for house purchase, new business) — SKSK4.00%2023-12-01
Mortgage rate (loans to households for house purchase, new business) — U2U23.98%2023-12-01
OBMMI — 15-Year Fixed Rate ConformingUS5.99%2023-12-29
OBMMI — 30-Year Fixed Rate Conforming Mortgage IndexUS6.56%2023-12-29
OBMMI — 30-Year Fixed Rate Conforming, Non-AdjustedUS6.41%2023-12-29
OBMMI — FHA 30-Year FixedUS6.49%2023-12-29
OBMMI — Jumbo 30-Year FixedUS6.51%2023-12-29
OBMMI — LTV >80, FICO <680US6.92%2023-12-29
OBMMI — LTV >80, FICO ≥740US6.55%2023-12-29
OBMMI — LTV >80, FICO 680–699US6.77%2023-12-29
OBMMI — LTV >80, FICO 700–719US6.77%2023-12-29
OBMMI — LTV >80, FICO 720–739US6.74%2023-12-29
OBMMI — LTV ≤80, FICO <680US6.72%2023-12-29
OBMMI — LTV ≤80, FICO ≥740US6.46%2023-12-29
OBMMI — LTV ≤80, FICO 680–699US6.53%2023-12-29
OBMMI — LTV ≤80, FICO 700–719US6.63%2023-12-29
OBMMI — LTV ≤80, FICO 720–739US6.55%2023-12-29
OBMMI — USDA 30-Year FixedUS6.54%2023-12-29
OBMMI — VA 30-Year FixedUS6.17%2023-12-29
Posted rate (major chartered banks) — Conventional mortgage: 1-yearCA7.89%2023-12-27
Posted rate (major chartered banks) — Conventional mortgage: 3-yearCA7.14%2023-12-27
Posted rate (major chartered banks) — Conventional mortgage: 5-yearCA7.04%2023-12-27
Posted rate (major chartered banks) — Daily interest savings (balances over $100,000)CA0.01%2023-12-27
Posted rate (major chartered banks) — Guaranteed investment certificates: 1-yearCA4.65%2023-12-27
Posted rate (major chartered banks) — Guaranteed investment certificates: 3-yearCA4.00%2023-12-27
Posted rate (major chartered banks) — Guaranteed investment certificates: 5-yearCA3.90%2023-12-27
Posted rate (major chartered banks) — Non-chequable savings depositsCA0.01%2023-12-27
Posted rate (major chartered banks) — Personal deposits: 5-year fixed termCA3.17%2023-12-27
Posted rate (major chartered banks) — Prime rateCA7.20%2023-12-27
Rate actually charged on new mortgage lending — Residential mortgages, insured Fixed rate, <1 yearCA8.74%2023-12-01
Rate actually charged on new mortgage lending — Residential mortgages, insured Fixed rate, 1 to <3 yearsCA6.55%2023-12-01
Rate actually charged on new mortgage lending — Residential mortgages, insured Fixed rate, 3 to <5 yearsCA5.91%2023-12-01
Rate actually charged on new mortgage lending — Residential mortgages, insured Fixed rate, 5 years and overCA5.52%2023-12-01
Rate actually charged on new mortgage lending — Residential mortgages, insured Variable rateCA6.81%2023-12-01
Rate actually charged on new mortgage lending — Residential mortgages, insured, TotalCA6.26%2023-12-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured Fixed rate, <1 yearCA7.90%2023-12-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured Fixed rate, 1 to <3 yearsCA6.27%2023-12-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured Fixed rate, 3 to <5 yearsCA6.05%2023-12-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured Fixed rate, 5 years and overCA5.96%2023-12-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured Variable rateCA6.92%2023-12-01
Rate actually charged on new mortgage lending — Residential mortgages, uninsured, TotalCA6.43%2023-12-01
UK 2-year fixed mortgage rate (75% LTV)GB5.03%2023-12-31
UK 5-year fixed mortgage rate (75% LTV)GB5.07%2023-12-31

Central bank policy rates

SeriesCountryRateAs of
Bank of Canada target for the overnight rateCA5.00%2023-12-29
Bank of England Bank RateGB5.25%2023-12-31
ECB deposit facility rateU24.00%2023-12-31

About this snapshot

118 series had published data by 2023-12-31. 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.