The benchmark 30 year loan deals are available starting at 3.625% at Bank of America (NYSE:BAC) and APR of 3.742%. The shorter term, popular 15 year FRMs are on the books at 3.000% yielding an APR of 3.280% today.
As far as ARMs go, 5 year deals have been offered at 2.375% at BoA and APR of 3.018%.
The best 30 year refinance fixed rate loans have been published at 3.750% at BoA and an APR of 3.868% today. Shorter term, popular 15 year refinance fixed rate loans are published at 3.000% yielding an APR of 3.262% today. As far as ARMs go, 5 year refi loans at BoA are listed at 2.375%. and the APR is 3.018%.