30 year fixed rate loan interest rates are 3.750% at Berkshire Bank (NASDAQ:BERK) yielding an APR of 3.778% today. 30 year FHA loans can be had for 4.375% with a rather higher APR of 5.002%. The shorter term 15 year loan interest rates are published at 3.000% at the bank and an APR of 3.050% today.
The best 20 year FRM interest rates at the bank have been offered at 3.625% and an APR of 3.664%.
ARM loans in the 3 year category are coming out at 2.875% currently with an APR of 3ARMPA@ to start. In the ARM arena, 5 year loans are on the books at 3.125% at Berkshire with an APR of 5ARMPA@ to start.