30 Year Fixed Mortgage Rates – All Time Lows from Bank of America, Chase, Wells Fargo and Citigroup Today
Posted on | May 25, 2010 | Comments Off
The average for 30 year fixed mortgage rates has dropped to a historical low. Some major mortgage lenders that are reporting all time lows include Bank of America, Chase, Wells Fargo and Citigroup. While these are the big four banks of America it is important to note that there are other options as well.
With 30 year fixed mortgage rates around 4.5% many Americans could greatly benefit by refinancing or locking into their first low mortgage rate. It is also important to note that 15 year fixed mortgage rates are around 4% which is also very close to an all-time low.
With mortgage interest rates this low almost all Americans can benefit. By using a mortgage calculator you will better understand how much money you can save by refinancing your current mortgage or locking into your first mortgage interest rate in May of 2010.
Take the time and effort to do your research before making any final decisions. Mortgage interest rates are very low due to the European debt crisis so it does not look like this issue is going to be fixed quickly. With Bank of America, Chase, and Wells Fargo and Citigroup offering very low rates there are many options available at the present time.
Author: Alan Lake
Tags: 30 Year Mortgage Rates > all time low rates > bank of america mortgage rates > chase mortgage rates > citigroup mortgage rates > fixed mortgage rates > mortgage rates > Wells Fargo Mortgage Rates