1 The NEC National Electrical Code does not specify a minimum height for a service meter, however the typical minimum height for mounting a service meter on side of a house is 5 to 6 feet above the finished grade or level ground.
Historically, in North American banking, the prime rate was the actual interest rate, although this is no longer the case. The prime rate varies little among banks and adjustments are generally made by banks at the same time, although this does not happen frequently. The prime rate is currently 3.25% in the United States and 2.85% in Canada.
Click here for Prime Rate history for 1990-1999, 1980-1989, or 1975-1979. Click here for more ARM indexes. The prime rate is currently defined by The Wall Street Journal (WSJ) as The base rate on corporate loans posted by at least 70% of the nation's 10 largest banks. It is not the 'best' rate offered by banks. This definition has changed over time.