Prime Rate History Page 2

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Prime Rate History: 1999 to 1990

Home > Mortgage Research > Historical Rates & Indexes: Prime Rate: 1999-1990

Prime Rate By Decade

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• Research

• 2009 to 2000

• 1999 to 1990

• 1989 to 1980

• 1979 to 1970

• 1969 to 1960

• 1959 to 1950

• 1949 to 1940

• 1939 to 1930

• 1929 to 1920

Month	1999	1998	1997	1996	1995
January	7.75	8.50	8.25	8.50	8.50
February	7.75	8.50	8.25	8.25	9.00
March	7.75	8.50	8.25	8.25	9.00
April	7.75	8.50	8.50	8.25	9.00
May	7.75	8.50	8.50	8.25	9.00
June	7.75	8.50	8.50	8.25	9.00
July	8.00	8.50	8.50	8.25	8.80
August	8.00	8.50	8.50	8.25	8.75
September	8.25	8.50	8.50	8.25	8.75
October	8.25	8.00	8.50	8.25	8.75
November	8.37	8.00	8.50	8.25	8.75
December	8.50	7.75	8.50	8.25	8.65
Month	1994	1993	1992	1991	1990
January	6.00	6.00	6.50	9.52	10.11
February	6.00	6.00	6.50	9.05	10.00
March	6.00	6.00	6.50	9.00	10.00
April	6.50	6.00	6.50	9.00	10.00
May	7.00	6.00	6.50	8.50	10.00
June	7.25	6.00	6.50	8.50	10.00
July	7.50	6.00	6.00	8.50	10.00
August	7.75	6.00	6.00	8.50	10.00
September	7.75	6.00	6.00	8.20	10.00
October	7.75	6.00	6.00	8.00	10.00
November	8.00	6.00	6.00	7.58	10.00
December	8.50	6.00	6.00	7.21	10.00

The prime rate is defined by The Wall Street Journal (WSJ) as "The base rate on corporate loans posted by at least 75% of the nation's 30 largest banks." Banks may actually give their best clients rates lower than the posted prime rate.

Prime Rate History: For Historical Reference Only: Some rates may be rounded or contain typographical errors. Accuracy is not guaranteed. If you find a typographical error in the information let us know.

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