The benchmark 30 year fixed rate mortgages have been listed at 3.500% at Bank of America (NYSE:BAC) yielding an APR of 3.678%. The shorter term, popular 15 year loans at the bank start at 3.000% today with an APR of 3.280%.
The 5 year ARM interest rates are published at 2.500% at BoA yielding an APR of 3.061%.
The best 30 year refinance fixed rate loan interest rates are 3.750% at BoA today with an APR of 3.899%. Popular 15 year refinance loans are published at 3.000% at the bank today yielding an APR of 3.299%. The 5/1 Adjustable Rate Mortgages at BoA are 2.375%. with an APR of 3.018%.