The 5/1 ARMS are being quoted at 2.625% at BoA with an APR of 3.085%.
Standard 30 year refinance fixed rate loan interest rates are being offered for 3.750% at BoA today and an APR of 3.878%. The shorter term 15 year refinance fixed rate mortgage interest rates have been published at 3.000% and APR of 3.280% today. 5/1 ARM loans are on the books at 2.375% at BoA. with a starting APR of 3.018%.