Bank of America Refinance Mortgage Rates – Home Loans for Fixed Mortgage Rates Still Near Lowest Levels
Posted on | August 24, 2010 | No Comments
Bank of America refinance mortgage rates hit all-time lows last week is the 30 year fixed was around 4.25%. This week we are seeing home loans were fixed mortgage rates up slightly but they are still near the lowest levels in history. We are currently seeing a 30 year fixed mortgage rate around 4.35% and the 15 year fixed mortgage rate around 3.9%.
Having the ability to lock into the lowest mortgage interest rates available could help many homeowners save a significant amount of money on their mortgage payment. There are some homeowners who have refinanced recently but are finding that they save as much as hundreds of dollars a month on a mortgage payment. With this being the case there is no reason that some homeowners should not consider refinancing in the current economic environment.
Bank of America is currently the largest mortgage lender in the country but it is very important to understand that they are not the only option. By doing research most homeowners will find that there are many mortgage lenders spread throughout the country that will offer very attractive interest rates and great customer service when it comes to refinancing.
Author: Alan Lake
Tags: bank of america home loans > bank of america mortgage > bank of america mortgage rates > bank of america refinance > home loan rates > home loan refinance rates > Refinance Rates
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