current prime Rate
The Prime Rate is defined by The
Wall Street Journal as "The base rate on corporate loans posted
by at least 75% of the nation's 30 largest banks."
A 15 Year History of the Prime Interest Rate is below:
Today's Prime Interest Rate is listed below and
updated daily:
|
Prime Rate
HISTORY / (1990-2006) |
|
|
2006 |
July |
8.25% |
|
|
May |
8.00% |
|
|
March |
7.75% |
|
|
Jan |
7.50% |
|
|
2005 |
Dec |
7.25% |
|
|
Nov |
7.00% |
|
|
Sep |
6.75% |
|
|
Aug |
6.50% |
|
|
June |
6.25% |
|
|
May |
6.00% |
|
|
Mar |
5.75% |
|
|
Feb |
5.50% |
|
|
2004 |
Dec |
5.25% |
|
|
Nov |
5.00% |
|
|
Sept |
4.75% |
|
|
Aug |
4.50% |
|
|
July |
4.25% |
|
|
2003 |
June |
4.00% |
|
|
2002 |
Nov |
4.25% |
|
|
2001 |
Dec |
4.75% |
|
|
Nov |
5.00% |
|
|
Oct |
5.50% |
|
|
Sept |
6.00% |
|
|
Aug |
6.50% |
|
|
June |
6.75% |
|
|
May |
7.00% |
|
|
April |
7.50% |
|
|
March |
8.00% |
|
|
Feb |
8.50% |
|
|
Jan |
9.00% |
|
|
2000 |
May |
9.50% |
|
|
March |
9.00% |
|
|
Feb |
8.75% |
|
|
1999 |
Nov |
8.50% |
|
|
Aug |
8.25% |
|
|
July |
8.00% |
|
|
1998 |
Nov |
7.75% |
|
|
Oct |
8.00% |
|
|
Sep |
8.25% |
|
|
1997 |
Mar |
8.50% |
|
|
1996 |
Jan |
8.25% |
|
|
1995 |
Dec |
8.50% |
|
|
July |
8.75% |
|
|
Feb |
9.00% |
|
|
1994 |
Nov |
8.50% |
|
|
Aug |
7.75% |
|
|
May |
7.25% |
|
|
April |
6.75% |
|
|
Mar |
6.25% |
|
|
1992 |
Mar |
6.00% |
|
|
1991 |
Dec |
6.50% |
|
|
Nov |
7.50% |
|
|
Sep |
8.00% |
|
|
May |
8.50% |
|
|
April |
9.00% |
|
|
Feb |
9.00% |
|
|
Jan |
9.50% |
|
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