Bank of America Refinance Mortgage Rates – September Home Loans at Lowest Levels in 2010

Posted on | September 2, 2010 | No Comments

Bank of America refinance mortgage rates are currently at the lowest levels we have seen in quite some time. September home loans are around 4.25% for the 30 year fixed but it is important to remember there will take a great credit score and a low debt to income ratio to have any opportunity to lock into a refinance rate under 4.5%.


Bank of America is currently one of the largest mortgage lenders in the country but it is very important to understand that there are multiple options when it comes to locking into refinance mortgage rates. By doing research online many homeowners will likely find that there are opportunities spread throughout the United States when it comes to mortgage lenders and financial institutions.

The majority of mortgage applications over the last several weeks have been to read finance. Refinance applications have outweighed new home applications almost 4 to 1 over the last month. This comes as no surprise as there are very few incentives for first-time homebuyers as there no longer is a tax credit available from the government.

Author: Mike Garner

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