The benchmark 30 year loan deals are listed at 3.625% at Bank of America (NYSE:BAC) today carrying an APR of 3.742%. Shorter term, popular 15 year FRMs have been offered at 3.000% today carrying an APR of 3.280%.
5/1 Adjustable Rate Mortgages are listed at 2.375% at BoA with a starting APR of 3.018%.
Standard 30 year refinance loan interest rates stand at 3.750% at BoA and an APR of 3.868%. The short term, popular 15 year refinance loan interest rates are published at 3.000% at the bank today with an APR of 3.262%. ARM interest rates in the 5 year refi category at BoA have been listed at 2.375%. with a starting APR of 3.018%.