Bank rate
Bank rate
The bank rate is the interest rate that a central bank (e.g., the Federal Reserve) charges to lend money to its member banks. Changes to the bank rate affect the national money supply by encouraging or discouraging borrowing.
Rates, News & Advice Since 1995
The bank rate is the interest rate that a central bank (e.g., the Federal Reserve) charges to lend money to its member banks. Changes to the bank rate affect the national money supply by encouraging or discouraging borrowing.
| Loan Type | Today |
|---|---|
| 30 Year Fixed |
|
| 15 Year Fixed |
|
| 5/1 Adjustable |
|
Rates may contain points