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Average rates on the benchmark loan have remained below 3.6 percent for four straight weeks – the first time that’s happened.
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with half of our loans going to low- to moderate-income or multicultural families and communities,” said D. Steve Boland, head of consumer lending at Bank of America. “We know many of our clients want.
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Murphy oversaw an increase in originations from $3.5 billion in 2016 to about $7.5 billion in 2017 and 2018, but will return.
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Average rates on the benchmark loan have remained below 3.6% for four straight weeks – the first time that’s happened since.