Current Mortgage Rates Today: Bank of America Packages Retain Near Record Low Rates
With low mortgage rates having come to be expected as something of a daily certainty of late, Bank of America (NYSE:BAC) is today giving reason to believe that all time record lows may once again be well and truly on the cards. As can clearly be seen by the following figures, the lows hot in early October are once again far from a distant dream and the potential for truly staggering savings continues into this Tuesday once again.
In the case of the very best home purchase packages being offered by Bank of America today, the standard 30 year fixed rate loan can be taken out for 4.125% and an APR amounting to 4.308%, while the 15 year deal can be taken out and locked in for 3.500% and APR of 3.819%.
Adjustable rates for home purchases from Bank of America today include the popular 7/1 ARM now at 3.125% to being and APR of 3.386% variable, while the 5/1 ARM on the other hand can be taken out for 2.875% and APR of 3.302% variable.
For borrowers turning to Bank of America today to help with a refinance decision, the popular 30 year fixed rate refinance loan can be taken out for 4.250% and an APR of 4.464%, while the 15 year loan on the other hands is up for grabs at 3.625% and APR of 4.016%.
Those seeking adjustable rates for refinance will of course be equally well catered-for, with the likes of the 7/1 ARM for refinance purposes today being offered for 3.125% to begin and an APR figure of 3.404% variable, with the 5/1 ARM on the other hand continues its attractive run at 2.875% and APR of 3.320% variable.
Whether or not new record lows are indeed on the horizon this week of course remains to be seen, but what cannot be denied from any angle is the fact that the value and quality of the mortgage packages of today are truly in a league rarely seen in several decades.
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