The benchmark 30 year fixed rate loan interest rates at Berkshire Bank (NASDAQ:BERK) are being quoted at 3.750% carrying an APR of 3.778%. The best 30 year FHA loan interest rates are being offered for 4.375% yielding a bit higher APR than the conventional loan of 5.002%. Popular 15 year fixed rate loans at the bank have been published at 3.000% carrying an APR of 3.050%.
The best 20 year loans are listed at 3.625% at the bank and APR of 3.664%.
3 year ARM interest rates are being offered for 2.875% today and the APR is 3ARMPA@. As far as ARMs go, 5 year loans are being quoted at 3.125% at Berkshire yielding an APR of 5ARMPA@ to start.