Today’s mortgage lending ladder is once again topped by PHH Mortgage with some truly remarkable lows, while PNC Bank (NYSE:PNC) continues to trail significantly further behind.
The best 30 year loan deals at PHH Mortgage are 3.150% carrying an APR of 3.316%. Popular 15 year fixed rate loan interest rates are coming out at 2.500% at the bank yielding an APR of 2.800%.
10 year loan interest rates at the bank are being offered for 2.500% yielding an APR of 2.936% today. 20 year loan deals have been published at 3.080% with an APR of 3.313% today.
40 year fixed rate loans start at 3.580% at the bank today and an APR of 3.716%.
The 3 year ARM interest rates stand at 4.000% today with an APR of 3.490%. As far as ARMs go, 5 year deals have been offered at 2.170% at PHH and the APR is 2.959% on initial purchase. The 7/1 ARMS start at 2.375% currently with an APR of 2.945%. 10 year ARM loans are being quoted at 2.750% currently and APR of 3.062%.
30 year refinance loan deals are on the books at 3.500% at PHH today carrying an APR of 3.723%. Shorter term, popular 15 year refi loan interest rates are being offered for 2.750% with an APR of 3.239%.
ARM loans in the 7 year refinance category are available starting at 2.625% currently with a starting APR of 3.141%.
The benchmark 30 year loans have been offered at 3.625% at PNC Bank (NYSE:PNC) today with an APR of 3.668%. 15 year loan interest rates have been offered at 2.875% at the bank today yielding an APR of 2.983%.
10 year fixed rate mortgages at the bank are available starting at 2.875% yielding an APR of 2.980%. 20 year loan interest rates at the bank are coming out at 3.500% with an APR of 3.546% today.
The best 30 year refinance loan deals at PNC are published at 4.000% today with an APR of 4.042%. Shorter term 15 year refinance fixed rate mortgages at the bank can be had for 3.125% today carrying an APR of 3.193%.
10 year refinance fixed rate mortgage interest rates at the bank start at 3.125% with an APR of 3.198% today. The best 20 year refinance fixed rate mortgage interest rates at the bank are available starting at 3.625% yielding an APR of 3.710%.