10 year fixed rate mortgage interest rates can be had for 2.690% yielding an APR of 3.135% today. 20 year fixed rate mortgages at the bank start at 3.375% today yielding an APR of 3.615%.
40 year fixed rate loans are coming out at 4.000% today carrying an APR of 4.143%.
3/1 ARM interest rates have been listed at 4.060% with an APR of 3.409%. The 5 year ARM loans are being quoted at 2.125% at PHH and the APR is 2.865% on initial purchase. The 7/1 ARM loans are coming out at 2.375% currently with a starting APR of 2.880%. The 10/1 ARM deals are coming out at 2.690% yielding an APR of 2.979% to start.
Standard 30 year refinance loan interest rates at PHH have been listed at 3.500% with an APR of 3.723%. The shorter term, popular 15 year refinance loan interest rates are being quoted at 2.750% and an APR of 3.239%. ARMs in the 7 year refinance category start at 2.625% today showing an APR of 3.141%.