The benchmark 30 year FRM interest rates at Berkshire Bank (NASDAQ:BERK) start at 3.750% carrying an APR of 3.778% today. The FHA version of the 30 year loans at the bank have been listed at 4.375% and an APR of 5.002%. Shorter term 15 year fixed rate mortgages at the bank start at 3.000% and an APR of 3.050%.
The best 20 year loan deals start at 3.625% today with an APR of 3.664%.
The 3/1 ARM loans start at 2.875% currently with an APR of 3ARMPA@ to start. The 5/1 ARM interest rates at Berkshire are on the books at 3.125% carrying an APR of 5ARMPA@ to start.