hw about bank interest rates please help..!?
hi, my histroty teacher gave me a homework assignment which we are allowed to use internet. here is the question
1. the interest rate on a $100,000, 30 year conventional home loan. Name one variable that will affect this rate. (it have to be either bank of america or chase
2. find the interest rate on the highest earning savings account from two different banks.(it have to be bank of america AND chase bank).
i would REALLY APPRECIATE if there rwould be any good answers for this question. and I REALLY REALLY thank u for at least trying to find out the answer of this question. i really tried to do this by myself but couldn’t find any information on their website(and my laptop is acting soooo slow today)…. so thanks!!
The down payment will affect the interest rate. Go to mortgage.chase.com. You can also go to Bank of America website and click mortgage rates. I was not sure if you meant that it had to be these two specific banks. For general information, go to bankrate.com.
Good Luck!
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