The best 30 year loan interest rates at Bank of America (NYSE:BAC) are being offered for 4.250% and an APR of 4.360%. The shorter term, popular 15 year fixed rate mortgage interest rates at the bank have been published at 3.500% today yielding an APR of 3.667%.
The 5/1 ARM interest rates are being quoted at 3.000% at Bank of America with a starting APR of 3.006%.
Refinance Mortgage Loans
The best 30 year refinance fixed rate mortgage interest rates at Bank of America stand at 4.375% with an APR of 4.501% today. Popular 15 year refi fixed rate mortgages at the bank are 3.500% with an APR of 3.706%. The 5/1 Adjustable Rate Mortgages can be had for 3.250% at Bank of America. yielding an APR of 3.098%.
Interest rates for mortgages usually vary with MBS security prices which follow stock market motions. Stock markets weakend by the end of trading to leave the DOW at 15,337.70 up -0.73%.
For today at least the bank followed the Wall Street direction. And now, Bank of America’s stock price improved to 14.45 up +0.13.