Bank of America Refinance Mortgage Rates - Interest Rates Move in August

Bank of America refinance mortgage rates have been in a tight range between 5.1% and 5.3% since the beginning of July. At the end of July, average mortgage rates dropped to 5.05% and many people thought we were going to see interest rates fall below 5%. The opposite was the case as the treasury yields surged higher pulling mortgage rates up with them. Mortgage rates are now near 5.3% and the...