The benchmark 30 year fixed rate loan interest rates have been published at 3.625% at BMO Harris Bank yielding an APR of 3.855% today. Shorter term, popular 15 year fixed rate mortgages are 2.875% yielding an APR of 3.107% today.
10 year fixed rate loans can be had for 2.750% at the bank today yielding an APR of 3.064%. The best 20 year loans are coming out at 3.500% at the bank and an APR of 3.727%.
3/1 ARMs are being quoted at 2.625% today with a starting APR of 3.118%. 5 year ARM loans at BMO Harris have been published at 2.625% carrying an APR of 3.068% to start. ARM interest rates in the 7 year category stand at 2.875% with a starting APR of 3.146%. The 10/1 ARM loans stand at 3.250% yielding an APR of 3.363% to start.