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Prime Interest Rate Cut Today
The Prime Interest rate cut today by Bank of America. Bank of America cut the borrowing rate from 7.25% to 6.50%. This was all started because the Federal Open Market Committee lowered their loan percentage down to 3.50.
Many other banks will most likely cut their prime interest rates soon and follow behind what [...]
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Tags: bank of america rate cut, fed funds rate, federal funds rate, federal open market committee, mortgage rates lowered, prime interest rate, prime interest rate cut today, prime rate, prime rate dropped
