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Refinance Interest Rates for Home Mortgages at Bank of America

May 25, 2013 by Mike Wright in Mortgages

Refinance Interest Rates for Home Mortgages at Bank of AmericaThe benchmark 30 year loan interest rates at Bank of America (NYSE:BAC) are listed at 3.750% and an APR of 3.891% today.  The short term 15 year fixed rate loans at the bank are coming out at 3.250% today with an APR of 3.504%.  

5 year Adjustable Rate Mortgages have been listed at 2.625% at Bank of America and the APR is 2.932% on initial purchase.  The 7 year ARM loans have been quoted at 2.750% today yielding an APR of 2.976%.  ARM loans in the 10 year category have been offered at 3.375% currently and the APR is 3.319%.  

The benchmark 30 year refinance loans have been published at 3.875% at Bank of America today with an APR of 4.039%.  The short term, popular 15 year refi FRMs at the bank can be had for 3.250% today and an APR of 3.508%.  5/1 Adjustable Rate Mortgages at Bank of America are 2.625%. and an APR of 2.927%.  7 year refinance ARM loans are being offered for 2.750% currently with a starting APR of 2.969%.  10/1 ARMs are coming out at 3.375%  yielding an APR of 3.324%.  


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