The best 30 year loan interest rates have been quoted at 3.500% at Bank of America (NYSE:BAC) today yielding an APR of 3.636%. The short term, popular 15 year loan deals at the bank start at 2.875% carrying an APR of 3.154% today.
In the ARM arena, 5 year loans are published at 2.625% at Bank of America with a starting APR of 3.104% which will change as interest rates adjust.
The best 30 year refinance loan deals at Bank of America are being quoted at 3.625% with an APR of 3.783% today. The short term 15 year refinance FRM interest rates are 2.875% carrying an APR of 3.154% today. The 5 year refinance ARM interest rates are on the books at 2.500% at Bank of America. yielding an APR of 3.051% to start.