An interest rate is the total percentage paid by the borrower on a loan. It can also be the difference between the money paid back and the money borrowed. The interest rate is what a lender charges a borrower for taking a loan and is also used to determine the rate paid...
Current interest rates can be found in a number of places, including The Wall Street Journal's Market Data Center, the Market Watch Web Portal and Bank Rate's Web Portal. Additionally, most banks and credit unions post their rates online or in their lobbies.
As of 2015, several banks with the highest interest rates include GE Capital Bank, MySavingsDirect, iGoBanking.com and Barclays Bank Delaware, according to U.S. News Money. To anyone looking for a high-interest savings account, Ally Bank, Bank 5 Connect and Synchrony Ba...
Average interest rates for home loans in 2013 vary by the duration of the loan, as reported by the Federal Home Loan Mortgage Corporation, also known as Freddie Mac. The average annual interest rate for a 30-year fixed mortgage, for example, was 2.98, notes Freddie Mac.
Historical interest rates are the past rates that were transacted for different interest-bearing investments. These investments include money market instruments, bonds, certificates of deposit, savings accounts, swaps and mortgages.
A line of credit interest rate is the interest rate amount associated with a line of credit and is determined by the borrower's credit history and other risk factors. The interest rate is only assessed on the amount that is used, according to the Canadian Imperial Bank ...
The Board of Governors of the Federal Reserve posts the federal interest rate on its website, FederalReserve.gov, as of July 2015. Daily updates of the weekly federal reserve rate are posted each Tuesday through Friday, while the weekly release is posted on Mondays, not...