Monday, January 05, 2015

Interest Rates

Each year I get guesstimates from all of our officers on what they feel the prime rate will be by year end.  For 2014 several of our officers guessed 3.25%, which is where the prime rate ended up.  One of our more accurate guessers is saying the 2015 ending prime will be up to 4.00%.  Only a couple officers are predicting rates not to increase.