30 year loan interest rates are coming out at 3.750% at Berkshire Bank (NASDAQ:BERK) and APR of 3.778% today. 30 year FHA fixed rate loan interest rates have been quoted at 4.375% yielding a bit higher APR than the conventional loan of 5.002%. 15 year FRM interest rates are listed at 3.000% yielding an APR of 3.050%.
The best 20 year FRMs are coming out at 3.625% at the bank carrying an APR of 3.664% today.
The 3/1 Adjustable Rate Mortgages are being offered for 2.875% and the APR is 3ARMPA@. The 5/1 ARM interest rates at Berkshire Bank stand at 3.125% and APR of 5ARMPA@.