The benchmark 30 year FRM interest rates at Bank of America (NYSE:BAC) are on the books at 3.625% today yielding an APR of 3.742%. Shorter term, popular 15 year loan interest rates stand at 3.000% and an APR of 3.280% today.
5 year ARM interest rates are published at 2.375% at BoA and the APR is 3.018% on initial purchase.
30 year refinance loan deals are on the books at 3.750% at BoA with an APR of 3.868% today. The short term, popular 15 year refinance fixed rate loan interest rates have been listed at 3.000% at the bank yielding an APR of 3.262%. In the ARM arena, 5 year refinance loans at BoA are being offered for 2.375%. and APR of 3.018%.