Bank of America refinance mortgage rates are something that a lot of home owners interested in the last few weeks as many media are reporting home loan pricing for all time lows. weekend 30 year home loan rates for the 30 year fixed mortgage are currently about 4.3%, but it is important to realize that these are the rates for the best borrowers.
Bank of America has become the largest mortgage lender in the country after the acquisition of Countrywide after the credit crisis. now that bank of America millions of loans on their books, it will probably be a situation where many of these homeowners lock to historically low mortgage interest rates.
The general rule of thumb for these home owners is to have at least one full percentage point to save by mortgage refinancing.
With all the holidays just around the corner and many Americans think about to save money with Amazon Black Friday sale that does not come as a surprise to see many families looking to save on every possible way. for those who are smart with their money, would be a lower mortgage interest rate to refinance a very good way to save today.
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