Question

 What Makes the Prime Rate Rise?

Answer The prime rate is an interest rate that banks use as a base or index rate for personal and business loans. Common consumer credit types tied to the prime rate are credit card rates and home equity ... Read More »
http://www.ehow.com/about_7349137_prime-rate-rise_.html

Top Q&A For: What Makes the Prime Rate Rise

Is prime rate the commercial lending rate?

The prime rate is now an index, or benchmark, that is set by banks. The banks use it to derive pricing for a number of different loans. Although loans at this rate can be extended to "prime" commer... Read More »
http://www.answerbag.com/q_view/2226547

How Does the Key Interest Rate Compare to a Prime Rate?

The key interest rate that controls the prime rate is known as the overnight fed funds rate. This key rate is the interest rate that banks lend and borrow money at between each other. On the other ... Read More »
http://www.ehow.com/about_6369991_key-rate-compare-prime-rate_.html

What is the difference between the prime rate&the target rate?

The prime rate and the target rate are both interest rates that help determine how much it costs to get a loan from the bank. One rate influences the other.The Prime RateThe prime rate is the benc... Read More »
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The Meaning of Discount Rate and Prime Rate?

Regional Federal Reserve Banks make loans to depository institutions through its lending facility. The lending facility is called the "discount window." The interest rate charged by the Fed to de... Read More »
http://www.ehow.com/about_6532919_meaning-discount-rate-prime-rate.html


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