Bank of America refinance mortgage rates moved much lower yesterday along with the stock market. Home loans have seen a huge drop below 4.75% as the 10 year treasury rate tanked to the tune of 4% yesterday. With this being the case there are many opportunities to lock into a low rate today.


By doing diligent research you will likely find that there are many mortgage lenders that can help you lock in to a low interest rate today. Is very important to understand that Bank of America is not the only option when it comes to getting an attractive mortgage interest rate offer.

Over the last several months Bank of America has enjoyed a low interest rate environment as they have been able to add new customers each and every day. Customers have greatly benefited because they have lowered their monthly mortgage payments with a lower home loan rate.

Over the next few weeks it should be very interesting to see what happens to mortgage interest rates. With the stock market plummeting today there is a possibility that rates could go down as well with the fears of a grease ballot.

Author: Alan Lake