Current Mortgage Rates as of 12/19/08:
Bank of America is quoting mortgages rates on a 30 year fixed mortgage at 4.50% with 1 point. The rates on 30 year fixed mortgages are at historic lows. It is now time to buy!
Refinance Mortgage Rates:
Refinance rates for a 30 year fixed mortgage are now being quoted at 4.75% with 1 point. If you have a mortgage in the upper 6% range it could be worth the time to refinance the loan. Call Jim Near for more information.
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