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The idea of prime rate is what the thing goes for at the time . Here is a few sites for you to have a look at that can help you with this www.investopedia.com/terms/p/primerate.asp ,www.bankrate.com/rates/interest-rates/prime-rate.aspx

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13y ago

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What is meant with prime lending rate in finances?

This is very important when it comes to credit cards or loans. These rates are set by the bank and if you notice a spike in these prime rates then you may soon after see an increase on your credit card rates as well.


Is prime rates the same as interest rates?

Prime rates are the interest rates most banks charge their customers for loans while interest rates are the rates charged to borrow money and come in many forms.


Which websites carry details on prime lending rates?

You can find information on prime lending rates at www2.primelending.com.


What, exactly are prime rates?

Prime rates are the interest rates that are set out by the National Bank that are used to set the working interest rates for clients. This is the rate that is used when banks borrow money.


What are the interest rates on a Fidelity 401K account?

The interest rates for a loan on a Fidelity 401K account will vary depending on location and the current prime rate. 401K loans rates are typically 1% above prime rate.


Which is prime 99736314?

99,736,314 is not prime since it is divisible by 2 and etc. If you meant which digits, 7, 3, 3, and 4 are prime.


Where can on find information on prime interest rates?

There are several places online where one may find information on prime interest rates. This includes websites such as "fedprimerate", "richmondfed", and "nationwide".


What is meant by the terminology fixed mortgage rates?

A fixed mortgage rate is an interest rate that will not change for the term of the mortgage. This is in contrast to a variable mortgage rate which changes frequently based on the prime rate or other benchmark rate.


Where can you find the Bank Prime Rates?

You can find the bank prime rates by asking a teller at the specific bank that you are talking about. More then likely the bank will give you accurate answers to all your questions.


What credit scores fall in tier 1 tier 2 tier 3?

I am not sure about the credit "tiers", but this is normally how the scores are broken down: 330-619: Poor Credit (i.e. - Credit Leper). Some places will be able to get you approved, but don't hold your luck on this. 620-659: Fair: Sub-Prime rates will be availiable for you (Prime + x%) 660-720: Average Credit: Prime rates will be availiable for you. 721-750: Good Credit: Prime - X% rates will be availiable (i.e. - you may get lower than Prime rates). 751+: Excellent Credit (i.e. - Best rates will be availiable to you.)


Is a primary number and a prime number the same?

prime numbers salary and pay rates lions TV and Music


Why are mortgage rates rising?

The mortgage rates are rising because prime lending rates are rising. When money to lend is scarce, it becomes more expensive to borrow.