Federal Funds Rate Current

25 Year Refinance Rates Mortgage Refinance Calculator from Bank of America – Note: Typically Bank of America adjustable-rate mortgage (arm) loans feature an initial fixed interest rate period (typically 5, 7 or 10 years) after which the interest rate becomes adjustable annually for the remainder of the loan term.

Federal Funds Rate (Fed Funds Rate) History (Historical) – A Comprehensive History of The Federal Funds Rate, Also Known As The Fed Funds Rate, Inlcuding The Current Federal funds rate. federal funds Target Rate History From 1990 to The Present:

The Fed Funds Rate is the prescribed rate at which banks lend money to each other on an overnight basis. When the Fed Funds Rate is low, the Fed is attempting to promote economic growth.