Today’S Prime Lending Rate
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Webster Raises Prime Lending Rate to 5.50 Percent – WATERBURY, Conn., Dec. 19, 2018 /PRNewswire/ — Webster Financial Corporation (WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, announced today that it has raised its prime.
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How Federal Reserve rate hike will affect mortgages, auto loans, credit cards – Here’s how the moves could trickle down to consumers: These loans will become more expensive within weeks since their rates are generally tied to the prime rate. s rate hike is already figured into.
The Fed – What is the prime rate, and does the Federal. – The prime rate is an interest rate determined by individual banks. It is often used as a reference rate (also called the base rate) for many types of loans, including loans to small businesses and credit card loans. On its H.15 statistical release, "Selected Interest Rates," the Board reports the.