Bank of America, the largest commercial bank in the United States by deposits and the second largest by market capitalization, is headquartered in Charlotte, North Carolina. As of 2007, the bank holds $1.72 trillion in assets, and has 203,425 employees. Bank of America has several Fixed Rate and Adjustable Rate options to choose from, so you can get the loan that suits your situation.
We have not been at all happy with our Bank of America Mortgage. There have been problems from the day we signed the paper. Our loan officer did not know enough about our loan and then kept giving us wrong information, we ended up having higher payments because of it. We still have had lots of problems since then as well. The good news is that it motivated us to pay off the loan as quick as possible to keep from spending any more money with them so we have almost payed off out mortgage in a year.
| Type | Today | Week Ago |
|---|---|---|
| 15 Year Fixed | 4.62%  |
4.67% |
| 30 Year Fixed | 5.15% | 5.15% |
| 1 Year ARM | 3.48% |
3.51% |
| 5/1 Year ARM | 3.62% |
3.68% |
| Type | Today | Week Ago |
|---|---|---|
| Line of Credit | 4.89%  |
4.88% |
| 10 Year Loan | 7.47% | 7.47% |
| 15 Year Loan | 7.61% |
7.60% |
| Type | Today | Week Ago |
|---|---|---|
| Interest Checking | 0.28% | 0.28% |
| Money Market/Savings | 0.38% | 0.38% |
| 12 Month CD | 1.13%  |
1.15% |
| 60 Month IRA CD | 2.40% |
2.41% |
| Type | Today | Week Ago |
|---|---|---|
| Cash Back Cards | 12.66% |
12.68% |
| No Annual Fee Cards | 12.08% |
11.97% |
| Reward Cards | 12.75% |
12.61% |
| Small Business Cards | 11.01% |
10.94% |
| Student Cards | 13.77% |
13.49% |
| Platinum Cards | 12.26% |
12.11% |
