Here’s how the Secured Overnight Financing Rate works and why it might matter for your mortgage
SOFR is a benchmark rate which certain variable rate financial products, for example certain mortgages, can be tied to.
SOFR: You Can Actually Invest Directly In The Secured Overnight Financing Rate
The Amplify Samsung SOFR ETF replicates the SOFR rate by lending overnight, collateralized by U.S. Treasuries, offering a ...
Wall Street Journal21d
Fed Might Look Past Repo-Market Pressure
Dudley observes that despite the SOFR spike, the fed-funds rate—paid by banks borrowing reserves from each other—has stayed in check. “That shows there are still plenty of reserves in the ...