Getting a Mortgage Rate Quote from Bank of America
26 July 2010 | By Savings Rate Finder in Savings AccountsGetting a mortgage rate quote from Bank of America is a good idea since Bank of America has some of the best mortgage rates currently available right now. To give you an idea of how good Bank of America’s mortgage rates are, 30 year mortgage rates at around 4.75 percent, Bank of America’s 30 year mortgage rates are right at that level.
Buying a home or refinancing your mortgage Bank of America offers mortgage quotes for both types of mortgages. Bank of America also offers mortgage qoutes for up to $1,000,000. A mortgage loan of that size is called a jumbo mortgage or super jumbo mortgage.
Jumbo mortgage rates and super jumbo mortgage rates will be higher than 4.75 percent, those mortgage rates usually run .50 percent to .75 percent higher than regular conforming mortgage rates says the mortgage rate website MonitorBankRates.com.
Bank of America offers conforming mortgage rate quotes, jumbo mortgage rate quotes, interest only mortgage rate quotes, adjustable mortgage rate quotes and FHA mortgage rate quotes.
The bank’s conforming mortgage rates quotes, super conforming mortgage rates quotes, jumbo mortgage rates quotes, adjustable mortgage rates quotes and interest-only mortgage rates quotes all very competitive mortgage rates when you compare them with other banks.
Bank of America makes getting a quote for different mortgage rates easy. The easiest way to get a quote is online. You enter in the loan information and you are given a list of mortgage rates with the monthly payments and annual percentage rate.
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