Mortgage rates are up across the board along with stock markets on Friday. The big lenders like Wells Fargo and BoA are fairly similar in their rate quotes.
The best 30 year fixed rate mortgages at Bank of America (NYSE:BAC) stand at 3.625% and APR of 3.752%. The shorter term 15 year FRM interest rates are being offered for 3.000% with an APR of 3.299%.
ARMs in the 5 year category are 2.500% at Bank of America and an APR of 3.061%.
The best 30 year refinance fixed rate mortgage interest rates are on the books at 3.875% at Bank of America yielding an APR of 4.036%. 15 year refinance loans are 3.125% and an APR of 3.369%. The 5/1 Adjustable Rate Mortgages are being quoted at 2.375% at Bank of America. with a starting APR of 3.018%.