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• The price data take the form of a "rate spread." Lenders must report the spread (difference) between the annual percentage rate (APR) on a loan and the rate on Treasury securities of comparable maturity - but only for loans with spreads above designated thresholds. So rate spreads are reported for some, but not all, reported home loans. The rate spread, along with Lien Status and HOEPA help interpret the pricing data.

  Federal Financial Institutions Examination Council - Cite This Source - This Definition
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  Cite Definition for Rate Spread

  American Psychological Association (APA)

  Rate Spread. (n.d.). Home Mortgage Disclosure Act (HMDA) Glossary. Retrieved April 1, 2023, from website: http://www.expertglossary.com/definition/rate-spread.

  Chicago Manual of Style (CMS)

  Rate Spread. www.ffiec.gov. Home Mortgage Disclosure Act (HMDA) Glossary. Federal Financial Institutions Examination Council. http://www.expertglossary.com/definition/rate-spread (accessed: April 1, 2023).

  Modern Language Association (MLA)

  "Rate Spread." Home Mortgage Disclosure Act (HMDA) Glossary. Federal Financial Institutions Examination Council. 1 April. 2023 http://www.expertglossary.com/definition/rate-spread.

• Browse Related Terms: Collateral, creditor, Equity stripping, Home Equity Line of Credit (HELOC), Home Ownership and Equity Protection Act (HOEPA), interest, Interest rate, Loan modification activities, Principal, Rate Spread, Servicemen’s Readjustment Act, Truth-In-Lending Act (TILA)