Standard 30 year loans stand at 3.750% at Berkshire Bank (NASDAQ:BERK) with an APR of 3.778% today. 30 year FHA loan interest rates at the bank are coming out at 4.375% with an APR of 5.002%. 15 year FRM interest rates at the bank are published at 3.000% with an APR of 3.050%.
The best 20 year fixed rate mortgages have been offered at 3.625% carrying an APR of 3.664% today.
The 3/1 ARMS are listed at 2.875% yielding an APR of 3ARMPA@ to start. ARM loans in the 5 year category at Berkshire can be had for 3.125% yielding an APR of 5ARMPA@ at the beginning of the loan.