3.65%
Moreover, what are commercial interest rates?
We provide lowest interest rate
| Bank Name | Interest Rate |
|---|---|
| Yes Bank Commercial Property Loan Interest Rate | 9.05 % – 11.05 % |
| Axis Bank Commercial Property Loan Interest Rate | 8 % – 10.05 % |
| Kotak Mahindra Bank Commercial Property Loan Interest Rate | 8.9 % – 9.85 % |
| IDFC First Commercial Property Loan Interest Rate | 9 % – 12.05 % |
Accordingly, what is the average interest rate for commercial property?
| Loan Type | Interest Rate | Security Type |
|---|---|---|
| Fixed Rates From | 2.09% | Residential Security |
| Lease Doc Variable | 3.40% – 5.99% | Commercial Security |
| 1 Year Fixed Rate From | 2.50% – 6.01% | Commercial Security |
| 2 Year Fixed Rate From | 2.50% – 5.83% | Commercial Security |
Considering this, what is the current commercial mortgage rate?
Average commercial real estate loan rates by loan type
| Loan | Average Rates | Typical Max. Term |
|---|---|---|
| SBA 504 Loan | 2.231%-2.399% | 25 years |
| SBA 7(a) Loan | 5.50%-11.25% | 25 years |
| USDA Business & Industry Loan | 3.25%-6.25% | 30 years |
| Traditional Bank Loan | 5%-7% | 10 years |
What was the federal interest rate in 2016?
Federal Funds Rate – 62 Year Historical Chart
| Federal Funds Rate – Historical Annual Yield Data | ||
|---|---|---|
| Year | Average Yield | Annual % Change |
| 2017 | 1.00% | 141.82% |
| 2016 | 0.39% | 175.00% |
| 2015 | 0.13% | 233.33% |