PHH Mortgage has taken a surprising lead over the rest of the home purchase lending market today, offering an extraordinary range of low-cost packages that simply tower over those of PNC Bank (NYSE:PNC).
Standard 30 year fixed rate mortgage interest rates at PHH Mortgage are on the books at 3.180% yielding an APR of 3.354% today. The shorter term, popular 15 year fixed rate loan interest rates are being offered for 2.430% today with an APR of 2.741%.
20 year fixed rate loan interest rates are on the books at 3.125% at the bank today and an APR of 3.370%.
40 year loan interest rates are published at 3.650% at the bank with an APR of 3.794%.
The 3/1 ARMS are listed at 4.000% today yielding an APR of 3.498%. 5 year ARMs stand at 2.170% at PHH with an APR of 2.965%. The 7/1 ARMS are being offered for 2.310% with an APR of 2.922%. 10/1 ARM loans are published at 2.750% and APR of 3.069%.
The benchmark 30 year refinance FRMs at PHH have been published at 3.500% and APR of 3.723% today. 15 year refi loan interest rates have been offered at 2.750% with an APR of 3.239% today. 7/1 ARM interest rates are coming out at 2.625% with a starting APR of 3.141%.
Standard 30 year fixed rate mortgage interest rates at PNC Bank (NYSE:PNC) are coming out at 3.625% and an APR of 3.689% today. The shorter term 15 year fixed rate loans have been published at 3.000% carrying an APR of 3.055% today.
20 year fixed rate mortgage interest rates have been quoted at 3.500% today and an APR of 3.546%.
30 year refinance fixed rate loan interest rates are on the books at 4.125% at PNC Bank and APR of 4.147%. Shorter term 15 year refinance loans are listed at 3.125% with an APR of 3.230% today. The best 10 year refinance FRM interest rates are published at 3.125% with an APR of 3.251%.
The best 20 year refinance fixed rate loan interest rates at the bank have been listed at 3.625% and APR of 3.710%.