Question: How do I find bank rates, including mortgage rates?

Answer


A bank rate is the interest rate at which a nation's central bank lends money to domestic banks, often in the form of very short-term loans. 

Go to the Virtual Business Library's Economic and Statistical Information section for links to useful resources including links to the following suggested resources. 

Data-Planet Statistical Datasets: Provides statistical data sets from reputable resources. Go to the Browse by Subject section and choose the Banking, Finance & Insurance section.

EIU Country Profile: Go to a selected Country Profile and search for 'bank rate" or "mortgage". For current information on all countries, go to the Industry, Financial Services tab and search for "bank rate" or "mortgage".

Global Financial Data: Provides current and historical data for both developed and emerging markets. 

You may want to consult the following websites. 

The Federal Reserve Board Data: Provides current daily and historical data on foreign exchange rates, interest rates (including those for government investments like T Bills), consumer credit, banks and finance companies, and a variety of other monetary measures.

Bank Rate Monitor: Provides current rates on CD's, IRA's, loans, and credit card balances, plus news, educational materials, and glossaries.

Answered By: Business Librarians
Last Updated: Aug 02, 2018Views:

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