The benchmark 30 year fixed rate mortgage interest rates stand at 3.625% at Bank of America (NYSE:BAC) today with an APR of 3.742%. The short term, popular 15 year fixed rate loans are available starting at 3.000% at the bank carrying an APR of 3.280% today.
The 5/1 Adjustable Rate Mortgage interest rates at BoA start at 2.375% and an APR of 3.018%.
30 year refinance loan interest rates start at 3.750% at BoA and an APR of 3.868%. Shorter term 15 year refi loan interest rates at the bank are listed at 3.000% yielding an APR of 3.262%. ARM loans in the 5 year refinance category are being offered for 2.375% at BoA. with an APR of 3.018%.