Bank of America Home Loans – Refinance Mortgage Rates Under 4.75% This Weekend in June 2010
Posted on | June 19, 2010 | Comments Off
Bank of America home loans have been very low for the entire year of 2010 and that continues into late June. Refinance mortgage rates are currently under 4.75% this weekend in June of 2010. Many current and future homeowners could greatly benefit from this low mortgage interest rates.
With many Americans looking for every way possible to save money it would be a very wise decision to at least research refinancing to a lower mortgage interest rate. While not all Americans will have the opportunity to refinance there are still a great many that do have a chance to lock in to a low rate.
It is very important to note that Americans will need a credit score above 740 and a significant amount of home equity to refinance to an interest rate under 5%. Please note that many homeowners have struggled with this as the economy has worsened. It would be wise to check your credit score and make sure it stakes up.
Sometimes it is worth it to pay the extra $15 to $30 for a credit score so you know that you will be getting the best possible interest rate for your current financial situation. There are many credit score websites on the Internet that can help you out.
Author: Alan Lake
Tags: bank of america > bank of america home loans > bank of america mortgage rates > bank of america refinance > bank of america refinance rates > loan mortgage rates > refinance mortgage rates