Useful Loan Information

I'm posting a link to an article that you might find helpful in understanding the difference between the Prime rate and LIBOR. For current rates or rate trends, a site I use often is www.bankrate.com. You can find lots of information there. I'll also put the link in the right sidebar for you all to use later, since this post will work it ways down the list very quickly.

For a graph comparing the Prime rate vs. the LIBOR over the last 20 years, click here.