Standard 30 year fixed rate loans start at 3.750% at Berkshire Bank (NASDAQ:BERK) today and an APR of 3.778%. The best 30 year FHA fixed rate loan interest rates are coming out at 4.375% yielding a bit higher APR than the conventional loan of 5.002%. Shorter term 15 year fixed rate mortgage interest rates are listed at 3.000% today and an APR of 3.050%.
The best 20 year loans at the bank are listed at 3.625% today with an APR of 3.664%.
The 3 year ARM interest rates start at 2.875% currently with an APR of 3ARMPA@ to start. 5 year ARMs at Berkshire start at 3.125% with a starting APR of 5ARMPA@.