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No weekly change

Prime Rate Tracker

Track the benchmark that influences many HELOCs, credit cards, and variable-rate loans.

Prime rate

6.63%

Benchmark average

6.63%

User opportunity

25 bps can matter on large balances

Historical archive

Prime Rate over time

No weekly change
12 mo9 mo6 mo3 mo30 dToday

3 mo

6.58%

30 d

6.69%

Today

6.58%

What changed

Rates are holding steady, which makes comparison discipline more important than timing.

Why it matters

How exposed am I to variable rates?

What to do next

Estimate variable-rate payments before borrowing or consolidating.

How we track this rateShow
SourceDerived from Fed Funds + 3% (WSJ prime rate convention)
MethodPrime rate is the Federal Funds Effective Rate plus 3%, per Wall Street Journal prime rate convention. Updates with each Fed policy meeting. Most HELOCs, credit cards, and variable-rate loans are indexed to prime.

Verified existing coverage

Use what SwitchWize already has

3 links
GuideHELOC vs Home Equity Loan: How to Pick the Right OneHELOC vs home equity loan compared: fixed vs variable rates, draw flexibility, closing costs, and a clear decision framework to match the right product to your goal.CalculatorHELOC Payment CalculatorEstimate interest-only draw payments, amortizing repayment payments, rate stress, and an illustrative CLTV limit.BenchmarkBenchmark pageExisting SwitchWize market context connected to this benchmark.

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Benchmark

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Benchmark

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Product rate

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