The benchmark 30 year loans are listed at 3.625% at Bank of America (NYSE:BAC) with an APR of 3.742% today. The shorter term, popular 15 year loan interest rates are being offered for 3.000% at the bank with an APR of 3.280% today.
In the ARM arena, 5 year interest rates have been listed at 2.375% at Bank of America with an APR of 3.018% to start.
The best 30 year refinance fixed rate mortgages at Bank of America can be had for 3.750% today carrying an APR of 3.868%. The shorter term 15 year refinance FRM interest rates have been published at 3.000% today and an APR of 3.262%. In the ARM arena, 5 year refi interest rates at Bank of America start at 2.375%. with an APR of 3.018% to start.