Prime Rate History Page 4

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Prime Rate History: 1979 to 1970

Home > Mortgage Research > Historical Rates & Indexes: Prime Rate: 1979-1970

Prime Rate By Decade

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• 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	1979	1978	1977	1976	1975
January	11.75	7.93	6.25	7.00	10.05
February	11.75	8.00	6.25	6.75	8.96
March	11.75	8.00	6.25	6.75	7.93
April	11.75	8.00	6.25	6.75	7.50
May	11.75	8.27	6.41	6.75	7.40
June	11.65	8.63	6.75	7.20	7.07
July	11.54	9.00	6.75	7.25	7.15
August	11.91	9.01	6.83	7.01	7.66
September	12.90	9.41	7.13	7.00	7.88
October	14.39	9.94	7.52	6.77	7.96
November	15.55	10.94	7.75	6.50	7.53
December	15.30	11.55	7.75	6.35	7.26
Month	1974	1973	1972	1971	1970
January	9.73	6.00	5.18	6.29	8.50
February	9.21	6.02	4.75	5.88	8.50
March	8.85	6.30	4.75	5.44	8.39
April	10.02	6.61	4.97	5.28	8.00
May	11.25	7.01	5.00	5.46	8.00
June	11.54	7.49	5.04	5.50	8.00
July	11.97	8.30	5.25	5.91	8.00
August	12.00	9.23	5.27	6.00	8.00
September	12.00	9.86	5.50	6.00	7.83
October	11.68	9.94	5.73	5.90	7.50
November	10.83	9.75	5.75	5.53	7.28
December	10.50	9.75	5.79	5.49	6.92

The interest rate changes at uneven intervals. It is considered to be a lagging indicator of the economy. Prime rate usually changes at the large commercial banks on the same day or within a short period of time after the Federal Reserve changes the Federal Funds Rate and/or the Discount 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Prime Rate History: For Historical Reference Only: Some rates may be rounded or contain typographical errors.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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