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Meltdown 101: What are interest rate spreads? (Lexington Herald-Leader)

Story date: 2008-10-22 05:18:24
Added on: 2008-10-22 17:26:42


When you go to the bank for a loan, your own credit history isn't the only thing affecting the interest rate. The rate the bank is paying on its own loans factors in, too. This is the idea behind interest rate spreads, which are getting a lot of attention lately as investors monitor the tight credit markets. They're important because they can influence how much you pay on your adjustable-rate ...


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