What is federal funds rate?
The Federal Reserve’s overnight interbank rate, its primary policy tool. Raised 525 bp from March 2022 to July 2023, it transmits to real estate through floating, fixed, spread, and valuation channels.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.