The benchmark 30 year loans are on the books at 3.625% at Bank of America (NYSE:BAC) today yielding an APR of 3.752%. The short term 15 year fixed rate loans at the bank are listed at 3.000% and APR of 3.299% today.
5 year ARM interest rates at BoA are 2.500% with an APR of 3.061%.
The benchmark 30 year refinance loan interest rates can be had for 3.875% at BoA and APR of 4.036%. The short term, popular 15 year refi loans are being offered for 3.125% at the bank and an APR of 3.369%. In the ARM arena, 5 year refi deals at BoA start at 2.375%. with a starting APR of 3.018%.