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Tuesday, January 21, 2025

Low Mortgage Rates; Big Discounts May Be Big Trouble for Unprepared Consumers

Last updated Thursday, May 10, 2012 16:34 ET

Lowermyrates.com website issues warning for those ill-prepared to take advantage of mortgage rates.

Mission Viejo, US, 05/10/2012 / SubmitMyPR /

Bank of America today announced that it will issue discounts on some of its Florida customers' home loans by up to thirty percent. LowerMyRates.com, a credit repair and lower mortgage rates site working in a variety of fields, warned that what seems like a good idea on paper, does not always work that way in practice.