Standard 30 year loans are on the books at 3.625% at Bank of America (NYSE:BAC) yielding an APR of 3.742%. Popular 15 year fixed rate mortgages are available starting at 3.000% today yielding an APR of 3.280%.
In the ARM arena, 5 year loans are coming out at 2.375% at BoA with an APR of 3.018%.
The benchmark 30 year refinance fixed rate mortgages can be had for 3.750% at BoA yielding an APR of 3.868%. 15 year refi loan deals stand at 3.000% and APR of 3.262%. As far as ARMs go, 5 year refinance interest rates are coming out at 2.375% at BoA. showing an APR of 3.018%.