Understanding Prime Interest Rate?The prime interest rate is what banks charge their best and most creditworthy customers. Also known as the prime lending rate, it is based on the ...
Prime Rate?The prime interest rate is important to consumers because a lower rate increases liquidity by making loans less expensive and easier to ...
Record Low Mortgage Rates?Hitting the bottom is not always a bad thing, especially when it comes to interest rates for ...
Rising Interest Rates on Student Loans?Aspiring college applicants face problems on the horizon as the legislation approving lower student loan interest rates is set to expire this year ...
Best Interest Rate Calculators?Calculating interest rates and interest payment amounts for any type of long-term monetary transaction obviously used to be quite difficult before ...
Credit Card Balance Transfers?For people who are struggling to pay their credit card bills, transferring your many balances to a single 0% interest card might seem like a good ...
Manipulating the LIBOR Rate?Barclays Bank’s admission of manipulating the LIBOR has significant implications because it is used in conjunction with hundreds of millions of ...
Low Interest Rates and Inflation Although record low interest rates have caused worries about inflation, today is the first time the yields on stocks are higher than on risk ...
Low Interest Rates Push New Car Sales?A combination of low interest rates and the availability of auto loans at zero interest have helped push new car sales in the ...