Bank of America Refinance Mortgage Rates – Lowest Home Loan 30 Year Fixed Rates in History in September

Posted on | September 23, 2010 | No Comments

Bank of America refinance mortgage rates remain a very hot topic of discussion as many homeowners are looking to save money on their current mortgage payment. With the lowest home loan rates in the history of the United States housing market many people are looking for 30 year fixed mortgage rates to save as much money as possible. There are many mortgage calculators available online to help homeowners understand just how much they can save.


Before going into the process assuming that all homeowners can refinance at a low interest rate is very important to realize that it takes a great credit score low debt to income ratio. At the present time we are seeing 30 year fixed mortgage rates lowest 4.2% but it will take credit score above 740 and debt to income ratio below 40% the lock-in to these low refinance mortgage rate.

Bank of America continues to be the largest mortgage lender in the country but it is important for all homeowners to realize that there are many options throughout the United States. By doing research online most homeowners will find that there is great competition in this industry and it should not be hard to find a lender offering low refinance mortgage interest rates.

Author: Heather Best

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