Federal discount rate

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Federal discount rate

The federal discount rate is the interest rate charged to member banks when they borrow money from the Federal Reserve Bank. The federal discount rate is managed by the Fed, but it doesn't have a direct affect on the cost of short-term loan rates.

National Rates

Loan Type Today
30 yr fixed 4.92
15 yr fixed 4.36
5/1 ARM 3.76

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