Standard 30 year loan interest rates are being quoted at 3.875% at GMAC Mortgage and APR of 3.881% today. The shorter term, popular 15 year fixed rate mortgage interest rates are 3.250% today carrying an APR of 3.279%.
As far as ARMs go, 5 year loans at GMAC Mortgage have been offered at 3.000% with an APR of 3.112% to start. The 5/1 Jumbo ARMS have been quoted at 3.250% and APR of 3.112%.
30 year refinance loan interest rates at GMAC Mortgage have been offered at 3.750% today with an APR of 3.787%. 15 year refinance fixed rate mortgages start at 3.250% at the bank and an APR of 3.354% today. The 5 year refinance ARMs can be had for 3.000% at GMAC Mortgage. with a starting APR of 3.082%. 5 year refi Jumbo ARM loans have been published at 3.000% yielding an APR of 3.024% to start.