Commercial Loan Index Rate Trends
Use our graphs below to see how index rates have trended over time. Simply select the index that you wish to see (i.e. treasury rates, LIBOR, swaps, etc.) from the drop-down menu below and the historical yearly, monthly, quarterly, and weekly index rates will be displayed.
Prime Rate: Prime is an US-based index that is directly correlated to changes made by the Federal Reserve Board. Prime is typically used as the pricing index for short-term or medium-term loans that may be fixed or floating.
Libor Rate: The London Interbank Offered Rate (LIBOR) is the interest rate at which banks offer to lend funds (wholesale money) to one another in the international interbank market. This index is typically used for short-term floating interest rates.
Swap Rate: A swap rate is calculated by adding a spread to the corresponding LIBOR or Treasury index in order to fix an interest rate for a specified term. This is typically used for short-term to medium-term loans.
Treasury Rate: A treasury rate (aka treasury yield) is an US-based index that relies upon the current return on investment of US government debt obligations (i.e. bills, notes, bonds) for specific periods of time. It is used for fixed interest rates and can be used for any length of mortgage, up to 30 years.