SOFR rate today
The Secured Overnight Financing Rate for the previous business day, published by the New York Fed.
SOFR
3.89%
Data for: October 13, 2026
Previous: 3.87% (October 9, 2026)
What it is
SOFR measures the cost of borrowing cash overnight with US Treasury securities as collateral. It is based on more than a trillion dollars of daily repo transactions.
Why it matters
SOFR replaced USD LIBOR as the reference rate for adjustable-rate mortgages, student loans, corporate loans and derivatives. If your loan floats at "SOFR plus a margin", this rate (or an average of it) sets your interest.
Recent history
| Date | SOFR |
|---|---|
| October 13, 2026 | 3.89% |
| October 9, 2026 | 3.87% |
| October 8, 2026 | 3.87% |
| October 7, 2026 | 3.88% |
| October 6, 2026 | 3.90% |
| October 5, 2026 | 3.89% |
| October 2, 2026 | 3.88% |
| October 1, 2026 | 3.87% |
| September 30, 2026 | 3.90% |
| September 29, 2026 | 3.88% |
| September 28, 2026 | 3.90% |
| September 25, 2026 | 3.90% |
| September 24, 2026 | 3.88% |
| September 23, 2026 | 3.87% |
| September 22, 2026 | 3.87% |
| September 21, 2026 | 3.85% |
| September 18, 2026 | 3.85% |
| September 17, 2026 | 3.85% |
| September 16, 2026 | 3.62% |
| September 15, 2026 | 3.64% |
| September 14, 2026 | 3.62% |
| September 11, 2026 | 3.62% |
| September 10, 2026 | 3.62% |
| September 9, 2026 | 3.64% |
| September 8, 2026 | 3.64% |
| September 4, 2026 | 3.65% |
| September 3, 2026 | 3.66% |
| September 2, 2026 | 3.65% |
| September 1, 2026 | 3.66% |
| August 31, 2026 | 3.68% |
How to read
Latest: 3.89%
Where it comes from
Federal Reserve Bank of New York, Secured Overnight Financing Rate (SOFR)
Careful
Information, not advice
What to do
Compare with the related indicators
Reading the sofr rate today figure
What the latest sofr rate today reading says
The most recent value on this page is 3.89%, for October 13, 2026. Against the previous reading of 3.87%, that is +0.02% — a move up. Every business day, around 8 a.m. Eastern for the previous day is how often Federal Reserve Bank of New York, Secured Overnight Financing Rate (SOFR) publishes it, so a single reading is a snapshot and not a trend. The 30 observations in the table above, from August 31, 2026 onwards, are what gives the figure context.
Where the sofr rate today figure sits in its own history
Across the 30 readings loaded here, the series moved between 3.62% and 3.90%. The latest value sits inside that range, so nothing in this window is exceptional. A window this short cannot show a cycle. It shows the direction of travel and the size of the usual swing, which is enough to tell a normal move from an unusual one, and no more than that.
Who sets the sofr rate today and who it affects in United States
Federal Reserve Bank of New York, Secured Overnight Financing Rate (SOFR) publishes the sofr rate today series, and the page links the exact dataset and its licence below. Nothing here is a second-hand copy: the figure above is read from that source and shown with the date the source gave it. People reach this page searching for "sofr rate today", and the honest answer is the published figure plus its date. A national figure is an average: your own rate, bill or salary in United States will sit above or below it.
Glossary
Policy rate
The interest rate a central bank sets to steer the economy, and the floor under most other rates in that currency. It moves only when the rate-setting committee decides, so its history is a series of steps rather than a continuous line.
Basis point
One hundredth of a percentage point. Central banks and markets talk in basis points because "a 0.25 point cut" and "a 25 basis point cut" are the same thing, and the second wording leaves no room for doubt.
Real rate
An interest rate after inflation is taken out, roughly the quoted rate minus the inflation rate. A savings account paying less than inflation has a negative real rate, which means the money loses purchasing power.
Revision
A later correction of a published figure, as the statistics office receives more complete data. Values marked provisional or estimated are the ones most likely to change, which is why the page keeps the source flag.
National average
A figure averaged over a whole country, and therefore not a quote for you. Your own mortgage rate, salary or grocery bill depends on your region, your lender or your shop and will sit above or below the average.
Year-on-year inflation
The change in a price index against the same month a year earlier. It can fall while prices are still rising, because it measures the speed of the increase, not the level of prices.
Yield
The annual return an investor earns by lending money through a bond, expressed as a percentage of its price. Price and yield move in opposite directions: when a bond gets cheaper, its yield rises.
Source: Federal Reserve Bank of New York, Secured Overnight Financing Rate (SOFR)
Licence: New York Fed Terms of Use
The SOFR is subject to the Terms of Use posted at newyorkfed.org. The New York Fed is not responsible for publication of the SOFR by Dinheiro Público, does not sanction or endorse any particular republication, and has no liability for your use.
Update frequency: Every business day, around 8 a.m. Eastern for the previous day
Information only, not financial advice. Figures come from the official source shown and may be revised.