30 year fixed rate mortgage interest rates are published at 3.500% at Bank of America (NYSE:BAC) and an APR of 3.678% today. The short term 15 year fixed rate mortgages start at 3.000% at the bank carrying an APR of 3.262% today.
The 5/1 ARM deals are being quoted at 2.500% at BoA with an APR of 3.061% to start.
The best 30 year refinance fixed rate loans at BoA have been offered at 3.750% and an APR of 3.878%. The shorter term, popular 15 year refinance FRM interest rates are coming out at 3.000% with an APR of 3.243% today. 5 year refinance ARM loans at BoA are published at 2.375%. and APR of 3.018%.