The benchmark 30 year FRMs at Bank of America (NYSE:BAC) have been listed at 3.625% and an APR of 3.742% today. Shorter term 15 year loan interest rates start at 3.000% at the bank yielding an APR of 3.280%.
5/1 ARM interest rates at Bank of America stand at 2.375% yielding an APR of 3.018%.
Standard 30 year refinance fixed rate mortgages stand at 3.750% at Bank of America with an APR of 3.868%. Popular 15 year refinance FRMs at the bank are being offered for 3.000% today carrying an APR of 3.262%. ARMs in the 5 year refinance category at Bank of America have been listed at 2.375%. with an APR of 3.018%.