Some of the most crucial benchmark mortgage rates at Bank of America (NYSE:BAC) have slipped significantly today to position the lender closer to the top of the industry. However, Citibank (NYSE:C) has in some instances managed to better BofA with some truly market-leading lows, as the industry as w hole continues its response to the result of the presidential election.
Bank of America (NYSE:BAC)
30 year fixed rate loan interest rates have been quoted at 3.250% at Bank of America (NYSE:BAC) and an APR of 3.459% today. The short term, popular 15 year fixed rate loan interest rates are coming out at 2.875% with an APR of 3.144%.
The 5 year ARMs are on the books at 2.625% at BoA with an APR of 3.119%. The 7 year ARM loans are 2.875% today yielding an APR of 3.167%.
30 year refinance loan deals at BoA are 3.625% today with an APR of 3.834%. Shorter term 15 year refinance loan deals are 3.000% today yielding an APR of 3.319%. 5/1 ARMs at BoA are available starting at 2.625%. yielding an APR of 3.146% to start. 7 year refinance ARM interest rates have been listed at 2.875% today and APR of 3.185%.
30 year fixed rate loan interest rates at Citi Mortgage (NYSE:C) have been offered at 3.125% and APR of 3.348% today. The short term, popular 15 year fixed rate mortgage interest rates at the bank are 2.500% with an APR of 2.809%.
The benchmark 30 year refinance loan deals at Citi Mortgage have been quoted at 3.375% and APR of 3.545% today. 15 year refinance FRMs start at 2.750% and APR of 3.051% today.
Rates vary considerably depending on borrower circumstances and market fluctuations. Please see individual lender websites for full details, including terms and conditions.