Fed Rates
You may download recent Federal Interest Rates in Adobe PDF format below.
The above yields on Treasury securities may be used to help determine whether a specific loan is subject to the "high-rate, high-fee" rules under section 226.32 of Regulation Z, implementing the Home Ownership and Equity Protection Act (HOEPA) and under state statutes including California Financial Code § 4970 et seq., the "covered-loans".
To determine the yield on comparable Treasury securities for the APR test, lenders may use the yield on actively traded issues adjusted to constant maturities published in the Federal Reserve Board’s “Selected Interest Rates” (statistical release H-15). They must use the yield corresponding to the constant maturity closest to the loan’s maturity. If the loan’s maturity is exactly halfway between security maturities, the APR on the loan should be compared with the yield for Treasury securities having the lower yield.
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