30 year fixed rate mortgage interest rates are on the books at 3.750% at Berkshire Bank (NASDAQ:BERK) carrying an APR of 3.778%. The lower FHA 30 year loans are being offered for 4.375% and an APR of 5.002%. The shorter term 15 year loan interest rates are being quoted at 3.000% and APR of 3.050%.
20 year loan interest rates at the bank can be had for 3.625% today and an APR of 3.664%.
The 3/1 ARM interest rates are listed at 2.875% currently with an APR of 3ARMPA@. In the ARM arena, 5 year loans at Berkshire are coming out at 3.125% with an APR of 5ARMPA@.