home *** CD-ROM | disk | FTP | other *** search
/ TIME: Almanac 1995 / TIME Almanac 1995.iso / time / charts / invest / invest.9 < prev    next >
Encoding:
Text File  |  1995-01-27  |  3.8 KB  |  62 lines

  1. <text id=93AC0264>
  2. <title>
  3. Money Market Interest Rates & Mortgage Rates:1970-92
  4. </title>
  5. <history>
  6. Compact ALMANAC--United States Statistics         
  7.  Investment & Savings                                
  8. </history>
  9. <article>
  10. <source>Time Almanac</source>
  11. <hdr>
  12. Money Market Interest Rates & Mortgage Rates: 1970 - 1992
  13. [Percent per year.]
  14. </hdr>
  15. <body>
  16. <table>
  17. <tblhdr><cell>Type<cell>1970<cell>1975<cell>1980<cell>1985<cell>1990<cell>1991<cell>1992
  18. <row><cell type=a>Federal funds, effective rate<cell type=n>7.18<cell type=n>5.82<cell type=n>13.36<cell type=n>8.10<cell type=n>8.10<cell type=n>5.69<cell type=n>3.52
  19. <row><cell>Commercial paper, 3-month(1,2)<cell>(NA)<cell>6.25<cell>12.66<cell>7.95<cell>8.06<cell>5.87<cell>3.75
  20. <row><cell>Prime rate charged by banks<cell>7.91<cell>7.86<cell>15.27<cell>9.93<cell>10.01<cell>8.46<cell>6.25
  21. <row><cell>Eurodollar deposits, 3-month<cell>8.52<cell>7.03<cell>14.00<cell>8.27<cell>8.16<cell>5.86<cell>3.70
  22. <row><cell>Finance paper, 3-month(2,3)<cell>7.18<cell>6.15<cell>11.49<cell>7.77<cell>7.87<cell>5.71<cell>3.65
  23. <row><cell>Bankers acceptances, 90-day(2,4)<cell>7.31<cell>6.29<cell>12.72<cell>7.92<cell>7.93<cell>5.70<cell>3.62
  24. <row><cell>Certificate of Deposits (CDs)(7):<cell><cell><cell><cell><cell><cell><cell>
  25. <row><cell>6 month<cell>(NA)<cell>(NA)<cell>(NA)<cell>7.83<cell>7.35<cell>5.67<cell>3.46
  26. <row><cell>1 year<cell>(NA)<cell>(NA)<cell>(NA)<cell>8.29<cell>7.42<cell>5.88<cell>3.72
  27. <row><cell>2.5 years<cell>(NA)<cell>(NA)<cell>(NA)<cell>9.00<cell>7.52<cell>6.29<cell>4.47
  28. <row><cell>5 year<cell>(NA)<cell>(NA)<cell>(NA)<cell>9.66<cell>7.71<cell>6.83<cell>5.62
  29. <row><cell>U.S. Government securities:(6)<cell><cell><cell><cell><cell><cell><cell>
  30. <row><cell>Treasury bills:<cell><cell><cell><cell><cell><cell><cell>
  31. <row><cell>3-month<cell>6.39<cell>5.78<cell>11.43<cell>7.48<cell>7.50<cell>5.38<cell>3.43
  32. <row><cell>6-month<cell>6.51<cell>6.09<cell>11.37<cell>7.65<cell>7.46<cell>5.44<cell>3.54
  33. <row><cell>1-year<cell>6.48<cell>6.28<cell>10.89<cell>7.81<cell>7.35<cell>5.52<cell>3.71
  34. <row><cell>Home mortgages (HUD series(8)):<cell><cell><cell><cell><cell><cell><cell>
  35. <row><cell>FHA insured, secondary market(9)<cell>9.03<cell>9.19<cell>13.44<cell>12.24<cell>10.17<cell>9.25<cell>8.46
  36. <row><cell>Conventional, new-home(10,11)<cell>8.52<cell>9.10<cell>13.95<cell>12.28<cell>10.08<cell>9.20<cell>8.43
  37. <row><cell>Existing-home(10)<cell>8.56<cell>9.14<cell>13.95<cell>12.29<cell>10.08<cell>9.20<cell>8.43
  38. <row><cell>15 Year fixed<cell>(NA)<cell>(NA)<cell>(NA)<cell>(NA)<cell>9.76<cell>8.76<cell>7.80
  39. </table>
  40. <list style=hang>
  41. <item>NA=Not available
  42. <item>1. Based on daily offering rates.
  43. <item>2. Yields are quoted on a bank-discount basis, rather than an investment yield basis (which would give a higher figure).
  44. <item>3. Placed directly; averages of daily offering rates quoted by finance companies.
  45. <item>4. Based on the most representative daily offering rates of dealers. Beginning Aug. 15, 1974 closing rates were used, and from Jan. 1, 1981 rates of top-rated banks only.
  46. <item>5. Federal Reserve Bank of New York, low and high. The discount rates for 1980 do not include the surcharge applied to frequent borrowings by large institutions. The surcharge reached 3% in 1980 and 4% in 1981. Surcharge was eliminated in Nov. 1981.
  47. <item>6. Average based on daily closing bid yields in secondary market, bank discount basis.
  48. <item>7. Average based on quotations for one day each month. Source: Salomon Brothers, Inc., New York, NY.
  49. <item>8. HUD=Housing and Urban Development.
  50. <item>9. Average based on quotations for one day each month as compiled by FHA.
  51. <item>10. Primary market.
  52. <item>11. Average contract rates on new commitments.
  53. </list>
  54. <p>Source: Except as noted, Board of Governors of the Federal Reserve System.
  55. </p>
  56. </body>
  57. </article>
  58. </text>
  59.  
  60.  
  61.  
  62.