All Entries Tagged With: "Rate Cut"
Prime lending rate cut by Bank of America
The Bank of America Corp was the first to lower its prime lending rate on Wednesday from 4.5 percent down to 4 percent.
The cut in the Bank of America prime rate follows the half a percent cut by the Federal Reserve Board yesterday who announced they were cutting the Official interest rate to boost
Current prime rate cut to 1.5 percent: Dow Jones volatile
The Federal government reduced its key prime rate from 2 percent to 1.5 percent. In Europe, who is also being battered by the financial crisis, the European Central Bank dropped half a point down to 3.75 percent and the Bank of England cut their rates by half a point to 4.5 percent, this comes
Four major UK lenders cut mortgage rates
Good news, four of the UK’s biggest lenders have announced mortgage rate reductions, one of the lenders, First Direct which is part of HSBC made the biggest reductions of
Rate cut on Woolwich buy-to-let up to half a percent
Good news for all professional landlords, Woolwich, the mortgage arm of Barclays, is cutting rates on buy-to-let deals by up to half a percentage point.
There will be a new rate from Tuesday of