Most new mortgages, many corporate loans are based on interbank rates, which will continue to fall, monetary authority's ...

The Reserve Bank lends money to banks at the ‘repo rate’, the banks add 3.5% to create the ‘prime rate’ – which we hear when ...

The Federal Reserve is expected to lower interest rates at the end of its two-day meeting on Wednesday. Many types of consumer loans are impacted when the Fed trims its benchmark. Here’s how a rate ...

Borrowing costs are finally easing for homeowners as the Federal Reserve cuts rates. Home equity loan and home equity line of credit (HELOC) interest rates have been consistently declining, making it ...

Changing the prime interest benchmark may alter optics and signalling, but it will not reduce borrowing costs in any durable way, writes Stuart Theobald.

Sean Messier is a personal finance writer with a focus on credit. He’s written for Credit Card Insider, plus several other national and global brands. Tfilm / Getty Images The Federal Reserve cut its ...

COLUMBUS, Ohio, Dec. 10, 2025 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) announced that its prime rate is decreasing from 7.00 percent to 6.75 percent, effective December 11, ...

The Competition Commission of South Africa is investigating the prime lending rates, sparking mixed reactions from industry ...