The best 30 year loan interest rates have been quoted 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 at the bank are listed at 3.000% carrying an APR of 3.280% today.
5/1 ARM loans have been listed at 2.375% at BoA and APR of 3.018%.
The benchmark 30 year refinance FRM interest rates at BoA are listed at 3.750% carrying an APR of 3.868% today. The short term, popular 15 year refinance fixed rate mortgages at the bank are available starting at 3.000% yielding an APR of 3.262% today. In the ARM arena, 5 year refi interest rates are coming out at 2.375% at BoA. and the APR is 3.018%.