answersLogoWhite

0


Best Answer

During this economic time home loans are at an all time low! The interest rates vary from 4% to 5%. Buy a home and enjoy the low rates!

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the interest rate on a bank of america home loan?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How could one find the interest rate on a home improvement loan?

Interest rates on a home improvement loan can be found online. Online options include Prosper, Zillow, Bank of America, and Wells Fargo. One can also go to their bank and set up a meeting.


Are Bank Of America home loans competitive with other banks nationwide?

Yes, Bank of America has very low interest rates on their home loans for low risk lenders. Good credit can result in gaining a home loan at the rate of 3.5%.


What are the current interest rates for a home equity loan for an individual with excellent credit?

Current interest rates for a home equity loan will vary from bank to bank. For an individual with excellent credit, interest rates can vary from 4.00% to about 5.00%.


What is the current interest rate for a home loan with RD Bank?

Home loan interest rates vary not only by bank, but also regionally. Individuals seeking interest rate quotes will find differences in rates depending on their personal finances as well.


Who is BAC Home loans servicing?

Bank of America Home Loan Services


What are some benefits of Bank of America mortgage loans?

Bank of America is one of the largest banks in the United States. The benefits of a Bank of America mortgage loan are competitive interest rates, mortgage planning tools, and a variety of loan options.


Best home loan bank in India?

As of my last update in September 2021, there isn't a single "best" home loan company in India, as the suitability of a company for a home loan can depend on various factors, including your specific financial situation, the property you intend to purchase, interest rates, loan terms, and customer service. THE BEST COMPANY FOR HOME LOANS IS GRDINDIA GRDINDIA PROVIDES THE BEST HOME LOAN AT A MINIMUM INTEREST RATE


What is the lowest home loan interest rate available?

The lowest home loan interest rates available are changing all the time, however by looking at MoneySupermarket, the lowest home loan interest rate is given by Sainsbury's Bank, with a Representative APR of just 4.9%.


How does one qualify for a mortgage refinance loan through the Bank of America?

To qualify for a mortgage refinance loan through the Bank of America you must have at least 5% equity in your home. You must also be current on your home loan payments.


Which home equity loans are offered for military personnel by the Bank of America?

Bank of America offers the same type of home equity loans for civilians as they do for military personnel. Those options are a fixed rate loan or a variable rate loan. Bank of America will also offer active duty members the opportunity to receive an interest rate not to exceed 4% for up to one year after your service.


How do you pass journal entry if company take t he loan from bank includes interest?

debit bank accountcredit loan from bankwhen interest incurreddebit interest on loancredit loan from bank


Where can someone view current equity loan interest rates?

There are several places one can view current equity loan interest rates. These websites include Bank Rate, Bank of America, Wells Fargo, and Midland National Bank.