Prime Ministers

  • About the Sub Prime Mortgage Lending Crisis
    The sub-prime mortgage crisis has shocked and rocked the world of Wall Street and has been front page news in recent weeks. Sub-prime mortgages totaled $600 billion in 2006, accounting for about one-fifth of new mortgages last year and may account for up to 60 percent of all foreclosures in 2007. Experts say we may feel the repercussions of these events in the financial world for years to come. The sub-prime lending crisis has led to restrictions on the availability of credit for prime lende Read More...
  • Study The Historic US Prime Interest Chart
    The historic U.S. prime interest chart plays an important role in helping to understand the interest rate patterns prevalent and the direction they would soon follow. However, a precondition to flipping through the historic U.S. prime interest chart is a clear understanding of the concept of prime interest rates. Prime Interest Rates Prime interest rates, as the name indicates, are the interest rates extended for various loans and advances to the prime or prominent and crucial customers by bank Read More...
  • Prime Lending Rates
    Prime lending rates (PLR) refer to interest rates charged by commercial banks for the benefit of their creditworthy customers. Prime lending rates can also be described as rates that are paid by premier companies to banks in order to obtain funds. The different types of prime lending rates include short term prime lending rates, long term prime lending rates, home equity-fixed rates, home equity-variable rates etc. Each bank, building society or specialist loans company sets their own prime len Read More...
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