Explore how the prime rate influences consumer loans like mortgages, versus the repo rate's role in managing the money supply ...

These are today's HELOC rates. Home equity line of credit rates have drifted lower for most of the year and are currently at ...

Discover how banks set loan interest rates, from Federal Reserve policies to market trends and borrower creditworthiness, for ...

As the central bank considers changing the prime interest rate, the financial sector is struggling to explain the ...

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