10 year FRMs have been offered at 2.690% yielding an APR of 3.135%. The best 20 year loan interest rates at the bank are being quoted at 3.375% and an APR of 3.615% today.
40 year loans at the bank can be had for 4.000% with an APR of 4.143%.
The 3/1 Adjustable Rate Mortgage interest rates are listed at 4.060% today and the APR is 3.409%. ARMs in the 5 year category at PHH are available starting at 2.125% carrying an APR of 2.865% to start. The 7/1 ARM loans are available starting at 2.375% currently with an APR of 2.880%. 10 year ARMs have been quoted at 2.690% currently and an APR of 2.979%.
The benchmark 30 year refinance fixed rate mortgages stand at 3.500% at PHH with an APR of 3.723%. The short term 15 year refinance fixed rate mortgages are coming out at 2.750% and an APR of 3.239% today. The 7/1 Adjustable Rate Mortgages are published at 2.625% currently with an APR of 3.141% to start.