Auto Loans are cheaper than Mortgages

Here are Bank of America’s rates as an example:

3.69% Auto – https://www.bankofamerica.com/auto-loans/ 5.25% Mortgage w/ 1 point – https://www.bankofamerica.com/mortgage/fixed-rate-mortgage-loans/

I can’t remember a time before that this was true.

I know this is kind of a low effort post but honestly I can’t really put my finger on a real cause or if there’s any impact beyond being interesting.

submitted by /u/berimtimlo
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Here are Bank of America’s rates as an example: 3.69% Auto – https://www.bankofamerica.com/auto-loans/ 5.25% Mortgage w/ 1 point – https://www.bankofamerica.com/mortgage/fixed-rate-mortgage-loans/ I can’t remember a time before that this was true. I know this is kind of a low effort post but honestly I can’t really put my finger on a real cause or if there’s any impact beyond being interesting. submitted by /u/berimtimlo [link] [comments]

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