30 year fixed rate mortgages are on the books at 3.625% at Bank of America (NYSE:BAC) today with an APR of 3.742%. The shorter term, popular 15 year fixed rate loan interest rates at the bank start at 3.000% yielding an APR of 3.280% today.
5 year ARM interest rates at Bank of America start at 2.375% and an APR of 3.018%.
The benchmark 30 year refinance FRMs at Bank of America have been listed at 3.750% yielding an APR of 3.868%. The short term, popular 15 year refi FRMs have been published at 3.000% and APR of 3.262%. The 5 year refi ARM interest rates are listed at 2.375% at Bank of America. with a starting APR of 3.018%.