Bank of America: Home Mortgage Lending Rates at BofA.
Interest rates are very low. If you have good credit, then now is an excellent time to lock in a long-term loan at favorable rates. If interest rates soar, then you are hedged for inflation since you can replay the loan with depreciated dollars.
Interest rates are very low. If you have good credit, then now is an excellent time to lock in a long-term loan at favorable rates. If interest rates soar, then you are hedged for inflation since you can replay the loan with depreciated dollars.
Conforming Loans
(For Loans under $417,000)
Rates as of Nov 30 2009 06:50 AM-- Loan Type -- Points %APR
30-Year Fixed Rate 1.125 4.893
15-Year Fixed Rate 0.750 4.439
3-Year ARM 1.000 3.569
5-Year ARM 0.875 3.583
30-Yr Fixed interest only 1.250 5.517
5-Year ARM, interest only 0.875 3.663
Jumbo Loans
(For loans over $417,000)
Rates as of Nov 30 2009 06:50 AM-- Loan Type -- Points %APR
3-Year ARM 0.875 3.929
30-Yr Fixed, interest only 2.125 7.364
5-Year ARM, interest only 1.000 4.089
30-Year Fixed Rate 0.875 4.990
15-Year Fixed Rate 1.250 4.504
5-Year ARM 1.000 3.678
For current rates and to view in table form, see
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