Variable Rate Loans and Index Rates

Posted By: JoAnne

Variable Rate Loans and Index Rates - 06/06/07 08:13 PM

Does anyone know of a good source for the various index rates (13 week T-bill, 26 Week T-bill, etc). I used to keep track of these on a weekly basis but we stopped our subscription to the Wall Street Journal a couple of years ago and I stopped tracking the rates.

i am doing an audit of Regulation Z and one of my steps is for variable rate loans. I not only want to verify that the correct index is being used, but that the rates on the system are correct.
Posted By: MaryRink

Re: Variable Rate Loans and Index Rates - 06/06/07 08:26 PM

I use the FRB H.15 release on the Federal Reserve Bank website. It lists many indexes. Federalreserve.gov/releases/h15 is the site.
Posted By: JoAnne

Re: Variable Rate Loans and Index Rates - 06/06/07 08:35 PM

Thank you. I had completely forgotten about that.
Posted By: MN Banker

Re: Variable Rate Loans and Index Rates - 06/06/07 09:08 PM

I know you didn't ask for these, but here is the WSJ prime rates just in case
Posted By: JoAnne

Re: Variable Rate Loans and Index Rates - 06/07/07 01:43 AM

Thank you. That helps too.
Posted By: Queen Mum

Re: Variable Rate Loans and Index Rates - 11/08/07 04:16 PM

I have also set up my own Excel spreadsheet that lists the date each time the rate changes, the new rate and how many days since the last time it changed. That way, if I have to go back and hand calculate a loan that has had many advances and payments it is easy to do so.