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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 on money deposited in savings


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 Bank are recommended as well.


Real interest rate is calculated by adjusting for the effects of inflation when compared to the nominal interest rate. The calculation formula is simple, as it only requires subtracting the rate of inflation from the nominal interest rate. The value left after subtraction is the real interest rate.


Compare commercial interest rates by conducting research on loan terms from multiple lenders. Take three or more offers, and analyze them based on the base rate, which reflects the general market costs of the service, client-specific aspects, such as the borrower’s financial records, and the monthly


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, notes the Federal Reserve.


There are several online surveys of savings interest rates, and one of the easiest to use is from Bankrate.com. Go to the Bankrate website, select the Bank Rates tab, and click on Checking & Savings. Select the MMA and Savings option for either national or local banks.


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.


Interest rates affect a business by forcing an alteration in its financing and its accounts receivables strategies, according to Forbes. When interest rates rise, credit becomes more expensive. When rates fall, credit becomes easier for the business and its customers to obtain.


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 of Commerce.