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Interest Rates - Up - MoneyCafe.com

Prime Rate Rises to 4.00%

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March 15, 2017 by MoneyCafe.com Editor

After today’s .25% rate increase in the Fed Funds Rate, banks are increasing their Prime Rates with a corresponding increase from 3.75% to 4.00%. These changes will be effective for most banks tomorrow, March 16, 2016.

Categories Banking, Financial Markets, Loans, Mortgage Rates, News & Commentary, The Economy, Your Money
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