answersLogoWhite

0

Average interest rates in banks in 2010?

Updated: 9/27/2023
User Avatar

virginia johnson

Lvl 2
4y ago

Best Answer

4.00

User Avatar

virginia johnson

Lvl 2
4y ago
This answer is:
User Avatar
More answers
User Avatar

virginia johnson

Lvl 2
4y ago

4.00

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Average interest rates in banks in 2010?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the release dates for Who Knew - 2010 Interest Rates 4-85?

Who Knew - 2010 Interest Rates 4-85 was released on: USA: 20 September 2011


What equity loan rates can I expect in today's market?

Current 30 year mortgage rates are up to 5.08% as of April 1, 2010. The average 15 year mortgage interest rate increased to 4.39 percent, up from the previous week’s average interest rate of 4.39 percent.


When must banks send interest statements for taxes?

By the end of January 2010.


What Savings Account Rate Can I Expect in the Wake of a Recession?

In the wake of the Great Recession, many investors did not know exactly what to expect. The economy was officially in a state of recovery, yet many businesses and individual citizens were still caught up in the middle of what seemed like uncertain times. Many statistics also showed that the greatest portion of the recovery was actually going to the top 1%. All of this uncertainty in the larger market actually did not show through in the savings rates of banks. Normally, uncertainty in the marketplace makes banks keep their interest rates up in order to attract more investors who would otherwise hold onto their money. However, because of the bailout packages that were given to many large actors in the financial industry, bankers had no real reason to keep interest rates high for the average consumer. This phenomenon was especially true for the larger, multinational banks. It was less true for the local community banks and the smaller state and region oriented banks. In the worst part of the recession, people were able to find savings interest rates of more than 5% in these local banks. These banks frequently advertised outside of their immediate demographic for the first time in their history in order to attract customers towards the savings rates. Now that the country is more or less in a state of recovery, the state and regional banks have begun to lower their savings interest rates. However, they are doing so in a slower fashion than the bigger banks for fear of blowback from the uncertain recovery. Many personal financial advisors are telling investors to watch the state and local banks closely through the Internet. There are many websites that have the sole purpose of watching and comparing interest rates from banks that do not have the money to advertise on television and radio outside of their local markets. These websites have served as a hub for many investors who are looking for high savings account interest rates in the recovery period after the Great Recession. Many investors can actually expect interest rates near the recession rates of 2009 or even 2010. Many state and regionally-based banks are still quite happy to pay more for verifiable customers.


What is the rate of interest for educational loan granted for the year 2010-11?

DBS Study loan interest rates


What is the national average right now for mortgage interest rates?

The national average for a 30 year fixed mortgage rate is 4.89%. This rate can either increase or decrease depending on the loan ammount. As of March 6, 2010, the national average mortgage interest rate for a 30 year fixed rate loan is 5.31%. The national average mortgage interest rate for a 15 year fixed rate loan is 4.68%.


What is the average savings interest rate 1998-2010?

5.6


What are the average rates for admiarl car insurance?

The average cost for Admiral Car Insurance is around eight hundred and forty three pounds in the United Kingdom as of the year 2010. This is the price after the annual policy rates increased.


Are the interest rates low enough that I would benefit from refinancing my car loan which is currently 6.5%?

Yes, the interest rates low enough that you would benefit from refinancing your car loan which is currently 6.5%. You can read more at ptmoney.com/2010/03/04/should-i-refinance-my-mortgage/


What are the student loan consolidation interest rates?

As of July 2010, you can get a student consolidation loan through the federal government. The interest rate can range from 6.62%-8.25%. 8.25% is cap for any student loan consolidation.


When tyra banks death?

tyra banks death at 2010


Average savings interest rate 2000-2010?

The average savings account interest rate in India has been around 3-3.5% in the duration of the years mentioned in your question. Note: This % rate varies from country to country