Bank of America Refinance Mortgage Rates – 10 Year Treasury Yield Pushed 30 Year Fixed Rate Slightly Higher
Posted on | October 22, 2010 | No Comments
As millions of American homeowners are looking to save money it should be the case that many of these individuals seek to refinance. Bank of America refinance mortgage rates are currently off all time lows as the 10 year treasury rate yield has pushed 30 year rates higher. Even with this being the case 30 year fixed rates are still around 4.25%.
Bank of America and almost all mortgage lenders in the country are offering very attractive interest rates at the present time. Remember that it takes an impressive credit score at a very low debt to income ratio to have any opportunities to lock into these historically low rates. If the 10 year treasury rate yield continues to push higher than we can expect to see 30 year fixed rates move up as well.
Taking the time and effort to do research and homework on personal finances could help save quite a bit of money in October or November of 2010. By having a very impressive credit score and reducing debt it could be the case that there are many ways to save money and clued in lowering the interest rate on a home mortgage loan.
Author: Alan Lake
Tags: bank of america home mortgage rates > bank of america mortgage rates > bank of america refinance > bank of america refinance rates > bank of america yields > home mortgage refinance rates > loan mortgage rates > refinance mortgage rates
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