Monday, May 20, 2013

Federal Interest Rates

It is a recurring shock when the IRS releases each month's applicable federal rates.  Rev. Rul. 2013-12 (May 20, 2013).  For June 2013, the annual short-term, mid-term and long-term AFRs are 0.18%, 0.95% and 2.47%.  WSJ prime rate continues its long stand at 3.25%.