30 year fixed rate loans are being offered for 3.750% at Berkshire Bank (NASDAQ:BERK) today and an APR of 3.778%. The lower FHA 30 year interest rates can be had for 4.375% with an APR of 5.002%. The shorter term, popular 15 year fixed rate loans are listed at 3.000% and APR of 3.050% today.
20 year loans are on the books at 3.625% at the bank yielding an APR of 3.664%.
The 3/1 ARMS are published at 2.875% with an APR of 3ARMPA@. 5/1 ARM loans at Berkshire are being offered for 3.125% showing an APR of 5ARMPA@.