Mortgage rates moved higher yesterday along with the stock market as earnings reports were generally positive.
Standard 30 year fixed rate mortgage interest rates are being quoted at 3.500% at Quicken Loans and APR of 3.702% today. The short term, popular 15 year loan interest rates are being offered for 2.750% at the bank yielding an APR of 3.145%.
ARMs in the 7 year category are coming out at 2.625% today carrying an APR of 3.101%.
Standard 30 year refinance loan interest rates at Quicken Loans have been listed at 3.500% yielding an APR of 3.702% today. The shorter term, popular 15 year refinance FRM interest rates are on the books at 2.750% at the bank and an APR of 3.145%. 7/1 Adjustable Rate Mortgages are being quoted at 2.625% today with an APR of 3.101%.