Thursday, October 13, 2011
Bank of America Mortgage Deals
Bank of America is continuing a string week of mortgage deals a packages that are in line with national averages. Not only have the rates so far been insufficient to tempt would be buyers in from the sidelines, but they have also been suggested by some as contributing to a false sense of security that may in fact be keeping the market so incredibly lifeless.
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I think Bank of America has been horrible to people in the past couple of weeks. I know they are trying to make money but they need to keep some customer loyalty. I think it is wrong to give a false sense of security and this is the problem of why we are in today. People feel secure at a bank but when the bank fails them the people are forced into foreclosure and they are stuck "homeless"
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