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Current Fed Prime Interest Rate is: 5.00%
Effective Since April 30, 2008
Prime Interest Rate is the interest rate charged by major banks to their most creditworthy customers. Periodic adjustments to
the prime rate are made. Prime Rates reported below are the prime rates on the first day of each respective month.
Prime Rate |
| Month |
1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
| Jan 1 |
8.50% |
8.25% |
8.50% |
7.75% |
8.50% |
9.50% |
4.75% |
4.25% |
4.00% |
5.25% |
7.25% |
8.25% |
7.25% |
| Feb 1 |
8.25% |
8.25% |
8.50% |
7.75% |
8.50% |
8.50% |
4.75% |
4.25% |
4.00% |
5.25% |
7.50% |
8.25% |
6.00% |
| Mar 1 |
8.25% |
8.25% |
8.50% |
7.75% |
8.75% |
8.50% |
4.75% |
4.25% |
4.00% |
5.50% |
7.50% |
8.25% |
6.00% |
| Apr 1 |
8.25% |
8.50% |
8.50% |
7.75% |
9.00% |
8.00% |
4.75% |
4.25% |
4.00% |
5.75% |
7.75% |
8.25% |
5.25% |
| May 1 |
8.25% |
8.50% |
8.50% |
7.75% |
9.00% |
7.50% |
4.75% |
4.25% |
4.00% |
5.75% |
7.75% |
8.25% |
5.00% |
| Jun 1 |
8.25% |
8.50% |
8.50% |
7.75% |
9.50% |
7.00% |
4.75% |
4.25% |
4.00% |
6.00% |
8.00% |
8.25% |
|
| Jul 1 |
8.25% |
8.50% |
8.50% |
8.00% |
9.50% |
6.75% |
4.75% |
4.00% |
4.25% |
6.25% |
8.25% |
8.25% |
|
| Aug 1 |
8.25% |
8.50% |
8.50% |
8.00% |
9.50% |
6.75% |
4.75% |
4.00% |
4.25% |
6.25% |
8.25% |
8.25% |
|
| Sep 1 |
8.25% |
8.50% |
8.50% |
8.25% |
9.50% |
6.50% |
4.75% |
4.00% |
4.50% |
6.50% |
8.25% |
8.25% |
|
| Oct 1 |
8.25% |
8.50% |
8.25% |
8.25% |
9.50% |
6.00% |
4.75% |
4.00% |
4.75% |
6.75% |
8.25% |
7.75% |
|
| Nov 1 |
8.25% |
8.50% |
8.00% |
8.25% |
9.50% |
5.50% |
4.75% |
4.00% |
4.75% |
7.00% |
8.25% |
7.50% |
|
| Dec 1 |
8.25% |
8.50% |
7.75% |
8.50% |
9.50% |
5.00% |
4.25% |
4.00% |
5.00% |
7.00% |
8.25% |
7.50% |
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All reasonable efforts have been made to maintain
accurate information.
However, information could contain errors or inaccuracies and is
presented without warranty.
No liability is assumed for errors or omissions.
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