How to know Bank of America – Current Home Loan and Housing Loan Interest Rates 2018?
India: November 22, 2016
As last year Bank of America Base Rate is 9.25% and Benchmark Prime Lending Rate (BPLR) is 18.00%, lending rate may above 9%.
The Bank of America Corporation has debated lending rates by 0.50 percent, you know its as 50 points that will effect from Monday of announcement day.
Generally Banks update home loan base rates after a few months, it may after three months or 6 months, depend on market so Bank of America has revised minimum lending rate from 9.75 percent to 9.25 percent annually.
Bank of America housing finance and loan rates effect just after completely announcement, it has updated so new Bank of America interest rate applicable for all new borrowers.
How to find out latest updates of Bank of America interest rates?
Generally all updates mentions on the official websites, so Bank of America website has updated with all latest housing loan interest rate and applicable dates. You may read all history of Bank of America base interest rates here as like:
Bank of America Base Rate: 9.25% and BPLR: 18.00% on October 01, 2012
Bank of America Base Rate: 9.75% and BPLR: 18.50% on June 29, 2012
Bank of America Base Rate: 10.00% and BPLR: 18.75% on December 26, 2011
Bank of America Base Rate: 9.50% and BPLR: 18.25% on August 05, 2011
Bank of America Base Rate: 9.00% and BPLR: 17.75% on May 10, 2011
Bank of America Base Rate: 8.50% on March 29, 2011
Bank of America Base Rate: 8.00% on February 04, 2011
Bank of America Base Rate: 7.50% on November 29, 2010
Bank of America Base Rate: 7.25% on October 04, 2010
Bank of America Base Rate: 6.75% on July 01, 2010
Bank of America Current Housing Loan Interest Rates: Bank of America – Current Home Loan and Housing Loan Interest Rates 2018 should know before apply for housing loan, if you want to buy or construct your new house, then Bank of America is where can borrow housing loan for new house, it is available on current housing loan interest rate.