Bank of America Refinance Mortgage Rates – 30 Year Home Loans Around 4.25% on October 19, 2010

Posted on | October 19, 2010 | No Comments

As millions of Americans struggle to make their mortgage payments and has become the case that the government is working very hard to help keep interest rates extremely well. With this being the case Bank of America refinance mortgage rates are near historic lows as the 30 year fixed home alone is around 4.25% on October 19, 2010.


Remember that not all Americans will have the ability to walk into the lowest possible mortgage refinance rates to it might be smart to consider a Bank of America home loan modification. Going through home loan modification process does not require a high credit score and an extremely low debt to income ratio much like the refinance process.

Remember that there are still many guidelines to the making home affordable home loan modification program but these guidelines are much less strict than lenders guidelines for refinancing a 30 year fixed home loan. Refinance close to 4.25% homeowners will need a credit score above 740 and the debt to income ratio that is well below 40%.

Author: Mike Garner

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