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Step 1
Click the link in the resources section of the article below to take you to the federal reserves website. This site is updated daily with the current rates. You can see information on credit cards interest, mortgage interest, savings interest and everything else which is monitored by the Federal Reserve.
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Step 2
Select the instrument which you are looking to see the historical rates for. This could be 1, 3 or 6 month certificates of deposit or credit cards interest or conventional mortgages. Everything is presented in chart form, so that all the information is easy to locate.
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Step 3
Determine the frequency of update you wish to see. For instance, if you are looking for credit cards interest, you may want to see what the rate fluctuation is day to day, but for mortgages, you may want to see what it is year by year. The data can be pulled by business day, weakly, monthly or annually. Click the frequency desired for the instrument which you wish to view.
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Step 4
Clicking this link will take you to a text page which lists the changes in the fed interest rates. It is important to note that this figure has to do with overnight trading, not what you should have as your credit cards rate or mortgage interest rates.
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Step 5
Scroll to the bottom of the page to see the most current entry or analyze the data based on its historical value. This can be significant information if you wish to predict a change in your adjustable rate mortgage or credit cards rate.
