https://padlet.com/vanessa_obrien/dv309vwc12lq Isabel, Kaitlyn, David, Levi, and Vanessa en-us 2017-08-25 19:35:15 UTC 2017-08-25 19:59:15 UTC hello@padlet.com vanessa_obrien https://padlet.com/vanessa_obrien/dv309vwc12lq/wish/182894205 The lowest rate of interest at which money may be borrowed commercially. ]]> 2017-08-25 19:40:10 UTC https://padlet.com/vanessa_obrien/dv309vwc12lq/wish/182894205 isabel_castaneda https://padlet.com/vanessa_obrien/dv309vwc12lq/wish/182894513 Default rates- if there is multiple default rates the federal will lower the prime rate. 
Credit market- If the market is doing well the prime rate will raise and if its not doing well it rate will drop. ]]> 2017-08-25 19:41:58 UTC https://padlet.com/vanessa_obrien/dv309vwc12lq/wish/182894513 kaitlyn_haynes https://padlet.com/vanessa_obrien/dv309vwc12lq/wish/182894744 It can effect your mortgage . It could make it go up and cost more. Credit  cards will be effect as well. ]]> 2017-08-25 19:43:26 UTC https://padlet.com/vanessa_obrien/dv309vwc12lq/wish/182894744 jeffrey_richey https://padlet.com/vanessa_obrien/dv309vwc12lq/wish/182895158 a bank is offering a home equity loan at "prime plus 5" and its prime rate is 6%, then the bank is essentially offering borrowers an 11% loan (6% + 5%) with an interest rate that will fluctuate along with the prime rate.]]> 2017-08-25 19:46:08 UTC https://padlet.com/vanessa_obrien/dv309vwc12lq/wish/182895158 levi_harris https://padlet.com/vanessa_obrien/dv309vwc12lq/wish/182896634 It calculates and publishes the average prime rate by surveying the 30 largest banks in the U.S.

]]> 2017-08-25 19:58:03 UTC https://padlet.com/vanessa_obrien/dv309vwc12lq/wish/182896634