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Prime Rate Going To 3.25%

We anticipate the Prime Rate will be lowered by banks today to 3.25% and will update our Prime Rate Page upon completion of our comprehensive bank survey.

Wells Fargo has already announced the reduction in their rate to 3.25%.  JPMorgan Chase and Bank of America have also announced the same reduction. Wachovia has followed.

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This entry was posted on Tuesday, December 16th, 2008 at 12:13 pm and is filed under Interest Rates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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