As usual, PHH continues to be ahead of the others in mortgage rate offers today while GMAC is decidedly higher.
The benchmark 30 year fixed rate loans can be had for 3.375% at PHH Mortgage yielding an APR of 3.556% today. The short term, popular 15 year loan deals at the bank have been published at 2.580% today and an APR of 2.900%.
10 year FRM interest rates at the bank are on the books at 2.580% today carrying an APR of 3.047%. 20 year FRM interest rates are being quoted at 3.220% yielding an APR of 3.473% today.
40 year loan deals have been listed at 3.780% carrying an APR of 3.931%.
ARM interest rates in the 3 year category have been offered at 4.125% currently with an APR of 3.434%. The 5 year Adjustable Rate Mortgages are 2.125% at PHH with an APR of 2.873%. 7/1 Adjustable Rate Mortgages can be had for 2.290% currently and APR of 2.850%. 10/1 ARM interest rates start at 2.660% currently with an APR of 2.970%.
The best 30 year refinance fixed rate loans are listed at 3.500% at PHH yielding an APR of 3.723%. 15 year refi fixed rate mortgages are published at 2.750% at the bank and APR of 3.239%. The 7/1 Adjustable Rate Mortgages can be had for 2.625% with an APR of 3.141% to start.
The benchmark 30 year FRM interest rates at GMAC Mortgage can be had for 3.875% and an APR of 3.881% today. The short term 15 year fixed rate loans have been offered at 3.250% carrying an APR of 3.279%.
The 5/1 ARMS have been offered at 3.000% at GMAC carrying an APR of 3.087% to start. The 5/1 Jumbo ARM loans are 3.125% yielding an APR of 3.087% to start.
Standard 30 year refinance fixed rate loans are published at 3.750% at GMAC and an APR of 3.787%. The shorter term, popular 15 year refi loan interest rates at the bank are 3.250% with an APR of 3.354%. As far as ARMs go, 5 year refinance interest rates are being offered for 3.000% at GMAC. with an APR of 3.082%. 5 year refi Jumbo ARMs are being quoted at 3.125% and an APR of 3.058%.