Once upon a time, when people went to Bank of America to know Current Base Rates for Lending, because internet was not in everyone’s hand. Now time has changed, internet companies start campaign for awareness of internet uses and availability anywhere so people find out news and information anywhere, anytime when it needs.
In this modern time, anyone can find Bank of America Current Interest Rate 2016 update latest and history of Bank of America Current Interest Rate online.
What was Bank of America Current Interest Rate last time?
Bank of America has reduced its Base Rate or the minimum lending rate by 0.75%, or 75 basis points. As it effects, find out what is current interest rate. Bank of America has revised its Base Rate from 10.00 percent to 9.25 percent per annum. It revises time to time so borrowers should confirm its interest rate.
Real estate is one of recruitment where people needs large amount to buy. This may possible, because Bank of America offers housing loan.
Bank of America Housing Loan can make easy way buying property anywhere. Bank offers housing loan on property’s value, it is calculated by bank officer before approve housing loan and 80 percentage of total property value count for housing loan. Property owner can get 80 percent house loan and 20 percent pay on his behalf if want to buy new or old property.