Bank of America Mortgage Rates May 5, 2010 – Interest Rates Average 4.84% Today

Bank of America mortgage rates on May 5, 2010 are 4.84%. Interest rates have been below 5% for quite some time as the 10 year treasury rate yield has dropped below its 50 day moving average and will likely test its 200 day moving average in the very near future. This means that we could see new 2010 lows in the coming weeks.

Bank of America mortgage rates has been a very popular search over the last several months as Americans are looking to lock into low rates. Look for this to continue into the future as Bank of America is one of the four big banks who offers home loans.  It comes as no surprise to see many customers interested in this major bank.

Author: Thom Austin

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