Standard 30 year loans at Berkshire Bank (NASDAQ:BERK) are being offered for 3.750% today with an APR of 3.778%. The best 30 year FHA loan interest rates start at 4.375% yielding a bit higher APR than the conventional loan of 5.002%. Shorter term, popular 15 year loan interest rates have been offered at 3.000% at the bank carrying an APR of 3.050%.
20 year fixed rate mortgages can be had for 3.625% today and an APR of 3.664%.
The 3/1 ARM loans stand at 2.875% yielding an APR of 3ARMPA@. The 5 year ARM loans at Berkshire are published at 3.125% yielding an APR of 5ARMPA@.