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    ruts Sub-prime and rate cuts. By interest Liam Halligan, Economics Editor. Last Updated: 5:08pm GMT 31122007. Page 1 of 3. Have your Read say comments.

    bank prime The rate now stands 7.50%. The at October 31 FOMC statement a noted..

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    Quiet. The freeze would apply to sub-prime home loans made between 1 January 2005 and 31 July 2007. The plan would offer a five-year rate freeze to. Subprime mortgage loans have a much higher rate of default than prime..

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