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Prime rate, federal funds rate, COFI. The prime rate, as reported by The Wall Street Journal's bank survey, is among the most widely used benchmark in setting home equity lines of credit and...
Bankrate.com provides the Wall Street Prime Rate and WSJ current prime rates index.
As of May 20, 2024, the current prime rate is 8.50%, according to The Wall Street Journal’s Money Rates table. This source aggregates the most common prime rates charged throughout the U.S. and...
Today’s Prime Mortgage Rates. The prime rate often hovers around 3% above the federal funds rate. Beginning March 2022, the Federal Reserve raised the previous target range (0% – 0.25%) to 5.50% in a series of 11 consecutive Fed rate hikes. The increase in interest rates had pushed the prime rate up as well.
The prime rate is 8.00%. as of September 19, 2024. This is a 0.50% decrease from the same time last year. The prime rate is a benchmark interest rate used to determine the interest charged on...
The current prime rate is 8.00%. It last changed on September 19, 2024. Data source: Wall Street Journal (print edition) Current and Historical Data. What was the highest prime rate? The highest prime rate was 21.5%, reached on December 19, 1980. What was the lowest prime rate? The lowest prime rate since 1975 is 3.25%.
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