Note: Numbers in parenthesis are the day of the month the prime
rate was changed.
Year |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec
|
1991
|
9.50% (2) |
9.00-9.50 (1,5,21) |
|
9.00% (24) |
8.50% (1) |
|
|
|
8.00% (13) |
|
7.50% (6) |
6.50% (23)
|
1992
|
|
|
|
|
|
|
6.00% (2) |
|
|
|
|
|
1993
|
|
|
|
|
|
|
|
|
|
|
|
|
1994
|
|
|
6.25% (24) |
6.75% (19) |
7.25% (18) |
|
|
7.75% (16) |
|
|
8.50% (15) |
|
1995
|
|
9.00% (1) |
|
|
|
|
8.75% (7) |
|
|
|
|
8.50% (20)
|
1996
|
8.25% (31) |
|
|
|
|
|
|
|
|
|
|
|
1997
|
|
|
8.50% (27) |
|
|
|
|
|
|
|
|
|
1998
|
|
|
|
|
|
|
|
|
8.25% (30) |
8.00% (16) |
7.75% (18) |
|
1999
|
|
|
|
|
|
|
8.00% (01) |
8.25% (25) |
|
|
8.50% (17) |
|
2000
|
|
8.75% (3) |
9.00% (22) |
|
9.50% (17) |
|
|
|
|
|
|
|
2001
|
9.00% (4) |
8.50% (1) |
8.00% (21) |
7.50% (19) |
7.00% (16) |
6.75% (28) |
|
6.50% (22) |
6.00% (18) |
5.50% (3) |
5.00% (7) |
4.75% (12)
|
2002
|
|
|
|
|
|
|
|
|
|
|
4.25% (7) |
|
2003
|
|
|
|
|
|
4.00% (27) |
|
|
|
|
|
|
2004
|
|
|
|
|
|
|
4.25 (1) |
4.50% (11) |
4.75% (22) |
|
5.00% (10) |
5.25 (14)
|
2005
|
|
5.50% (2) |
5.75% (22) |
|
6.00% (3) |
6.25 (30) |
|
6.50% (9) |
6.75% (20) |
|
7.00% (1) |
7.25% (13)
|
2006
|
7.50% (21) |
|
7.75% (28) |
|
8.00% (10) |
8.25% (29) |
|
|
|
|
|
|
2007
|
|
|
|
|
|
|
|
|
7.75% (18) |
7.50% (31) |
|
7.25% (11)
|
1990-1999
|
Date of Change
|
Prime Rate
|
2-Jan-91 |
9.50%
|
1-Feb-91 |
9.00-9.50
|
5-Feb-91 |
9.00
|
21-Feb-91 |
8.75-9.00 (BofA)
|
24-Apr-91 |
9.00
|
1-May-91 |
8.50
|
13-Sep-91 |
8.00
|
6-Nov-91 |
7.50
|
23-Dec-91 |
6.50
|
|
|
02-Jul-92 |
6.00%
|
|
|
24-Mar-94 |
6.25%
|
19-Apr-94 |
6.75
|
18-May-94 |
7.25
|
16-Aug-94 |
7.75
|
15-Nov-94 |
8.50
|
|
|
1-Feb-95 |
9.00%
|
7-Jul-95 |
8.75%
|
20-Dec-95 |
8.50%
|
|
|
31-Jan-96 |
8.25%
|
|
|
27-Mar-97 |
8.50%
|
|
|
30-Sep-98 |
8.25%
|
16-Oct-98 |
8.00%
|
18-Nov-98 |
7.75%
|
|
|
01-Jul-99 |
8.00%
|
25-Aug-99 |
8.25%
|
17-Nov-99 |
8.50%
|
|
|
2000-pres
|
Date of Change
|
Prime Rate
|
03-Feb-00 |
8.75%
|
22-Mar-00 |
9.00%
|
17-May-00 |
9.50%
|
|
|
04-Jan-01 |
9.00%
|
01-Feb-01 |
8.50%
|
21-Mar-01 |
8.00%
|
19-Apr-01 |
7.50%
|
16-May-01 |
7.00%
|
28-Jun-01 |
6.75%
|
22-Aug-01 |
6.50%
|
18-Sep-01 |
6.00%
|
03-Oct-01 |
5.50%
|
07-Nov-01 |
5.00%
|
12-Dec-01 |
4.75%
|
|
|
07-Nov-02 |
4.25%
|
|
|
27-Jun-03 |
4.00%
|
|
|
01-Jul-04 |
4.25%
|
11-Aug-04 |
4.50%
|
22-Sep-04 |
4.75%
|
10-Nov-04 |
5.00%
|
14-Dec-04 |
5.25%
|
|
|
02-Feb-05 |
5.50%
|
22-Mar-05 |
5.75%
|
03-May-05 |
6.00%
|
30-Jun-05 |
6.25%
|
09-Aug-05 |
6.50%
|
20-Sep-05 |
6.75%
|
01-Nov-05 |
7.00%
|
13-Dec-05 |
7.25%
|
|
|
31-Jan-06 |
7.50%
|
28-Mar-06 |
7.75%
|
10-May-06 |
8.00%
|
29-Jun-06 |
8.25%
|
|
|
18-Sept-07 |
7.75%
|
31-Oct-07 |
7.50%
|
|