New Prime Rate effective November 8, 2024

Posted By General
December 04, 2024 Category: Prime Rate

Effective November 8, 2024, the new Prime Rate is 7.75%, which means the presumptive rate per Administrative Order 17-2 is now 9.75%.  For cases confirmed on or after November 8, 2024, and reference Administrative Order 17-2, the rate to use is decreased from 10% to