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Saturday, January 8, 2011

Today’s Bank of America Home Loan Rates for 1/7/11

Saturday, January 8, 2011

Today's mortgage rates at the Bank of America pretty much stayed the same or fell slightly today from yesterday. This is definitely better news for homeowners who are looking for the best monthly installments.



30-year fixed rates unchanged today at 4.750%. This is still an increase from earlier this week if you could in this mortgage for 4.625% to block. 30-year fixed rates. Interest only mortgages also remained unchanged at 5.375%.

5-year adjustable rate mortgages fell to 3.125%, and 5-year adjustable rate mortgages with interest only loans decreasing to 3.500%. Bank of regular 5-year America's Arms are still lower than one might find at Wells Fargo. BofA may be your best bet when looking for an ARM.

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