Standard 30 year loan interest rates at Berkshire Bank (NASDAQ:BERK) are being quoted at 3.750% today carrying an APR of 3.778%. The best 30 year FHA loans are coming out at 4.375% yielding an APR of 5.002%. 15 year fixed rate mortgages are 3.000% carrying an APR of 3.050%.
The best 20 year loan interest rates are being quoted at 3.625% and APR of 3.664% today.
3 year ARMs are coming out at 2.875% currently and an APR of 3ARMPA@. 5 year ARM loans are published at 3.125% at Berkshire yielding an APR of 5ARMPA@ at the beginning of the loan.