The U. S. Federal Funds Rate is the interest rate U.S. Federal Reserve depository institutions (banks, S&L's or Credit Unions) actively trade with each other their balances held at the Federal Reserve.
These balances, or Federal Funds, are traded by banks (usually overnight) to meet their reserve requirements or enable the clearing of financial transactions.
Current Money Rates
|April 16, 2014 (Close of Day)|
|30 Year Treasury Bond||3.45|
|10 Year Treasury Note||2.65|
|91 Day Treasury Bill||0.04|
|3 Month LIBOR||0.23|
|Mortgage Rate 30 Year||4.34|