The benchmark 30 year FRMs have been quoted at 3.750% at Berkshire Bank (NASDAQ:BERK) and an APR of 3.778% today. The typically lower FHA 30 year mortgage interest rates are listed at 4.375% at the bank yielding an APR of 5.002%. The short term, popular 15 year fixed rate mortgage interest rates stand at 3.000% at the bank carrying an APR of 3.050% today.
20 year FRM interest rates can be had for 3.625% yielding an APR of 3.664%.
The 3 year ARM interest rates have been quoted at 2.875% with an APR of 3ARMPA@. The 5 year ARMs stand at 3.125% at Berkshire carrying an APR of 5ARMPA@ to start.