The benchmark 30 year fixed rate loans have been published at 3.625% at Bank of America (NYSE:BAC) today with an APR of 3.742%. Shorter term, popular 15 year loan deals are on the books at 3.000% with an APR of 3.280% today.
As far as ARMs go, 5 year interest rates at BoA are available starting at 2.375% and APR of 3.018%.
The best 30 year refinance fixed rate loans have been offered at 3.750% at BoA with an APR of 3.868%. Popular 15 year refi loan interest rates are being quoted at 3.000% today with an APR of 3.262%. ARM interest rates in the 5 year refinance category can be had for 2.375% at BoA. yielding an APR of 3.018%.