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Federal Reserve Discount Rate

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Another Fed Rate Increase Again Raises Statutory Appraisal Interest

By Steve Hecht on March 21, 2017
Posted in Federal Reserve Discount Rate, Interest on Appraised Value

Last week the Federal Reserve issued another rate hike, just months after its December rate increase.  The recent hike has increased the Fed’s discount rate — also known as its primary credit rate — by 0.25%, up to 1.50%. Effective as of March 16, 2017, this will increase the rate of statutory interest in…

Fed Rate Increase Bumps up Statutory Appraisal Interest

By Steve Hecht on December 22, 2016
Posted in Federal Reserve Discount Rate, Interest on Appraised Value

The Federal Reserve’s recent rate hike, the second one in as many years, has increased the Fed’s discount rate — also known as its primary credit rate — by 0.25%, up to 1.25%. Effective as of December 15, this will increase the rate of statutory interest in appraisal cases to 6.25%, compounded quarterly, as…

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