10 year FRMs are on the books at 2.690% and APR of 3.130%. The best 20 year loans can be had for 3.420% at the bank yielding an APR of 3.657% today.
40 year loans start at 4.000% at the bank with an APR of 4.141%.
The 3/1 ARMS have been offered at 4.125% currently with a starting APR of 3.422%. In the ARM arena, 5 year interest rates at PHH are on the books at 2.170% with a starting APR of 2.878%. The 7 year ARM deals are 2.460% today and an APR of 2.917%. 10/1 Adjustable Rate Mortgages are coming out at 2.780% today yielding an APR of 3.032% to start.
The best 30 year refinance fixed rate mortgages at PHH start at 3.500% carrying an APR of 3.723%. Shorter term 15 year refinance FRM interest rates have been quoted at 2.750% yielding an APR of 3.239% today. 7/1 ARM loans are listed at 2.625% today with an APR of 3.141%.