From the desk of:
Your Bank of America Mortgage Loan Officer

Last month in review

Inflation was a big story last month, with reports on both the wholesale and consumer levels. The wholesale-measuring Producer Price Index (PPI) showed that prices remained mostly unchanged during March. Remember, inflation hurts the value of fixed investments like bonds (including mortgage bonds, to which home loan rates are tied) so the lack of inflation on the wholesale side was good news for bonds and home loan rates.
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What to Watch: Employment on the mend?

One of the most widely watched reports each month is the official Jobs Report. Here's a breakdown of what this report includes and what's going on behind the numbers!
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The history of Memorial Day

Memorial Day will be celebrated at the end of this month but the history behind this holiday may surprise you
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At Bank of America Home Loans, we’re committed to responsible lending and successful homeownership. We empower our customers with the tools and information necessary to make informed decisions so they can choose the home loan that makes the most sense for their budget and individual needs.

Contact the nearest mortgage lending office or an individual mortgage loan officer.