30 year loan interest rates are published at 3.250% at PHH Mortgage today with an APR of 3.418%. That is up about an eight of a point from where it has been for the past several weeks but is still the leading published rate among the large lenders that we research daily. Most big banks like Wells Fargo and Bank of America are at 3.375% or higher today.
Shorter term 15 year FRM interest rates have been offered at 2.450% at the bank today yielding an APR of 2.752%.
10 year fixed rate mortgages stand at 2.450% carrying an APR of 2.889% today. The best 20 year loan interest rates are coming out at 3.125% and APR of 3.360% today.
40 year fixed rate mortgage interest rates at the bank are published at 3.625% today yielding an APR of 3.763%.
The 3 year ARM deals can be had for 4.060% with an APR of 3.505% to start. 5 year ARM loans are coming out at 2.210% at PHH Mortgage with an APR of 2.973%. 7/1 ARM loans have been published at 2.420% carrying an APR of 2.967%. ARM interest rates in the 10 year category stand at 2.800% with a starting APR of 3.094%.
The best 30 year refinance fixed rate mortgages at PHH Mortgage have been quoted at 3.500% and an APR of 3.723% today. The short term, popular 15 year refinance loan interest rates are on the books at 2.750% yielding an APR of 3.239%. 7 year refinance Adjustable Rate Mortgages are coming out at 2.625% currently with a starting APR of 3.141%.