dcsimg
We research, you save.
Got Questions On Rates? (855) 610-2972

Federal Funds Rate: Current Rates, Historical Rates and Graph

HSH.com

Federal Funds Rate: Current Rates, Historical Rates and Graph

This graph lists the stated Federal Funds rate, as released by the Federal Reserve.
Last change to this rate: 06/14/17
Click here to find out how it may affect you.

Does the Federal Funds rate affect mortgage rates? Click here to find out.

Federal Funds rate

HSH grants permission to utilize this graph,
providing that the graph and its contents are not altered in any way.

Until December 2008, the Federal Reserve set an explicit target rate for the Federal Funds. Since that time, the central bank has instead expressed a target range for the overnight intrabank lending rate. Post-2008 data shown here is the top value for the target range.

Click here for a list of indexes for Adjustable Rate Mortgages.

Here are the figures from which the graph was derived.

DateChange
(Basis Points)
Increase  Decrease
Level or
Max Rate
(Percent)
2017
June 14
March 15
25
25
...
...
1.25
1.00
2016
December 14
25...0.75
2015
December 16
25...0.50
2008
October 29
October 8
September 16
August 5
June 25
April 30
March 18
January 30
January 22
...
...
...
...
...
...
...
...
...
...
75
50
50
...
...
...
25
75
50
75
0.25
1.00
1.50
2.00
2.00
2.00
2.00
2.25
3.00
3.50
2007
December 11
October 31
September 18
August 7
June 28
May 9
March 21
January 31
...
...
...
...
...
...
...
...
25
25
50
...
...
...
...
...
4.25
4.50
4.75
5.25
5.25
5.25
5.25
5.25
2006
December 12
October 25
September 20
August 8
June 29
May 10
March 28
January 31
>
...
...
...
...
25
25
25
25
>
...
...
...
...
...
...
...
...
>
5.25
5.25
5.25
5.25
5.25
5.00
4.75
4.50
2005
December 13
November 1
September 20
August 9
June 30
May 3
March 22
February 2

25
25
25
25
25
25
25
25

...
...
...
...
...
...
...
...

4.25
4.00
3.75
3.50
3.25
3.00
2.75
2.50
2004
December 14
November 11
September 21
August 11
June 30

25
25
25
25
25

...
...
...
...
...

2.25
2.00
1.75
1.50
1.25
2003
June 25

...

25

1.00
2002
November 6

...

50

1.25

More help from HSH.com

  • HSH.com on the latest move by the Federal Reserve

    The Federal Reserve concluded a meeting today with a quarter-point change in the federal funds rate, but no changes to other monetary policy tools.
  • Home price recovery index: Which metros have improved the most, least?

    Have home prices in your area fully recovered from the declines suffered during the Great Recession, or are they still struggling to make it back to the peak it reached before the crisis?
  • The salary you must earn to buy a home in 27 metros

    Here’s how much salary you would need to earn in order to afford the median-priced home in your metro area.
  • Home buyer programs by state | 2017

    HSH.com has compiled a list of home buyer programs in each state in order to inform borrowers of what assistance might be available to them in their local area.
  • 10 metros where a home costs about $1,000/month

    HSH.com identifies 10 metro areas where you can afford the principal, interest, taxes and insurance payments on a median-priced home for only around $1,000 per month.