Bank of America Refinance Mortgage Rates – Home Loans Offer Savings for Well Qualified Home Owners Today

Posted on | September 28, 2010 | No Comments

Bank of America refinance mortgage rates continued to be a very hot topic when it comes to the housing market has many Americans are looking to save as much money as possible by refinancing their current home loan. At the present time we are seeing 30 year fixed home loans offer great savings to well-qualified homeowners who have a very good credit score and a low debt to income ratio.


Before making any assumptions when it comes to refinance mortgage rates it is important to realize that it takes a credit score above 740, equity in a home and a low debt to income ratio that is currently below 40%. Without meeting these requirements it will likely be the case that many American homeowners do not have the ability to find the lowest refinance mortgage rates today.

While Bank of America is the largest mortgage lender in the country after gobbling up Countrywide it is not the case that they are the only option when it comes to locking into low rates. When searching for home loans it will likely be the case that many Americans find mortgage lender spread throughout the country that can offer great customer service combined with low interest rate offers in the current economic environment.

Author: Mike Garner

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