Learn
What public rate references are — and are not
LoanHank shows official published series as context. None of them is a rate you are being offered.
The series
In the United States: the Secured Overnight Financing Rate published by the New York Fed, and the five-year point on the U.S. Treasury daily par yield curve. The USDA Farm Service Agency additionally publishes direct-loan rates and the formulas that cap guaranteed-loan rates.
In Canada: the Canadian Overnight Repo Rate Average, and the Government of Canada five-year benchmark bond yield published by the Bank of Canada.
What they are for
They give you a dated, verifiable sense of where general reference rates sit, which is useful when you are deciding whether a conversation with a lender is worth having. Every value LoanHank shows carries its source, its as-of date, and when it was retrieved.
What they are not
They are not a rate anyone has offered you. They are not an offer, an approval, an eligibility determination, or an average of what comparable borrowers receive. An agricultural loan is priced on the operation, the collateral, the term, and the lender — not on an overnight funding benchmark.
An FSA guaranteed maximum is a rule about a cap in a specific program. It is not your cap unless your loan is actually an FSA-guaranteed transaction.
When a source is unavailable
The deterministic loan analysis never depends on a live external fetch. If a source is down, the most recent non-stale cached record is shown with its original date, and if nothing fresh enough exists the context section is marked unavailable. A stale or missing reference never triggers a watch notification.