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What is the current prime interest?

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Anonymous

17y ago
Updated: 8/16/2019

April 11, 2008 This Week's 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."

WSJ Prime Rate: The Wall Street Journal rate, which surveys large banks and publishes the consensus prime rate. This Week: 5.25

Last Month: 6.00

Last Year: 8.25 Federal Discount Rate: The interest rate at which an eligible financial institution may borrow funds directly from a Federal Reserve bank. This Week: 2.50

Last Month: 3.50

Last Year: 6.25 Fed Funds Rate: The interest rate at which banks and other depository institutions lend money to each other, usually on an overnight basis. This Week: 2.25

Last Month: 3.00

Last Year: 5.25 11th District Cost of Funds: A monthly cost-of-funds index (COFI) reflecting the weighted-average interest rate paid by 11th Federal Home Loan Bank District savings institutions for savings and checking accounts. The 11th district covers Arizona, California and Nevada. This Week: 3.560

Last Month: 3.970

Last Year: 4.376

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Wiki User

17y ago

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