Bank of America refinance mortgage rates remain at low levels as we are seeing home loans around 4.85% for the 30 year fixed mortgage. As April comes to a close and the first time home buyer tax credit is set to expire many first time buyers are flooding the market hoping to get a very low mortgage rate with a great home price.
Bank of America and almost all mortgage lenders continue to enjoy the low interest rate environment. Just this week the Federal Reserve Bank announced that they are going to take the necessary steps to keep interest rates low for an extender period of time. This means that banks and lenders will be able to add new customers.
Bank of America and almost all mortgage lenders continue to enjoy the low interest rate environment. Just this week the Federal Reserve Bank announced that they are going to take the necessary steps to keep interest rates low for an extender period of time. This means that banks and lenders will be able to add new customers.
Customers are benefiting from this low interest rate environment as they are able to borrow money at much lower rates. This means that mortgage and car payments are likely much less. With this being the case, well qualified borrowers can save a significant amount of money that they can use to buy some of the finer things in life that they desire.
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