Standard 30 year FRMs at Berkshire Bank (NASDAQ:BERK) are available starting at 3.750% carrying an APR of 3.778%. The best 30 year FHA FRM interest rates at the bank are 4.375% yielding a bit higher APR than the conventional loan of 5.002%. Shorter term 15 year fixed rate loans at the bank are being quoted at 3.000% and an APR of 3.050%.
20 year loan interest rates are being offered for 3.625% and APR of 3.664%.
3 year Adjustable Rate Mortgages are being quoted at 2.875% with a starting APR of 3ARMPA@. As far as ARMs go, 5 year loans are listed at 3.125% at Berkshire Bank yielding an APR of 5ARMPA@ at the beginning of the loan.