Standard 30 year loans have been listed at 3.625% at Bank of America (NYSE:BAC) today with an APR of 3.742%. The shorter term 15 year fixed rate loan interest rates are available starting at 3.000% yielding an APR of 3.299%.
In the ARM arena, 5 year interest rates have been offered at 2.625% at BoA showing an APR of 3.085%.
The best 30 year refinance FRMs can be had for 3.750% at BoA and an APR of 3.899%. 15 year refi loan deals are published at 3.000% carrying an APR of 3.280% today. 5/1 Adjustable Rate Mortgages at BoA are being offered for 2.500%. with a starting APR of 3.041%.