The best 30 year loan interest rates have been quoted at 3.750% at Berkshire Bank (NASDAQ:BERK) and an APR of 3.778%. 30 year FHA fixed rate loans at the bank are listed at 4.375% carrying an APR of 5.002%. The short term 15 year fixed rate loans are available starting at 3.000% at the bank and APR of 3.050% today.
The best 20 year FRMs are on the books at 3.625% at the bank today and an APR of 3.664%.
The 3/1 ARM interest rates are listed at 2.875% currently showing an APR of 3ARMPA@. The 5/1 ARMS have been offered at 3.125% at Berkshire Bank carrying an APR of 5ARMPA@.