30 year fixed rate loan interest rates have been offered at 3.625% at Quicken Loans today carrying an APR of 3.818%. The shorter term, popular 15 year FRMs can be had for 2.875% with an APR of 3.216% today.
7 year ARM interest rates are coming out at 2.625% currently yielding an APR of 3.043%.
The benchmark 30 year refinance FRM interest rates at Quicken have been quoted at 3.625% and APR of 3.818% today. The shorter term 15 year refi loans start at 2.875% at the bank carrying an APR of 3.216% today. ARM loans in the 7 year refi category are being offered for 2.625% today with a starting APR of 3.043%.