The benchmark 30 year fixed rate mortgages at PHH Mortgage stand at 3.500% carrying an APR of 3.672% today. The shorter term 15 year fixed rate mortgages stand at 2.750% at the bank today and an APR of 3.056%.
10 year FRM interest rates start at 2.690% at the bank and APR of 3.135%. The best 20 year FRMs start at 3.375% today with an APR of 3.615%.
40 year loans stand at 4.000% at the bank carrying an APR of 4.143% today.
The 3 year Adjustable Rate Mortgages are being offered for 4.060% with a starting APR of 3.409%. 5 year Adjustable Rate Mortgages at PHH are 2.125% and the APR is 2.865% on initial purchase. The 7 year ARMs are listed at 2.375% today and the APR is 2.880%. The 10/1 ARMS are published at 2.690% today with a starting APR of 2.979%.
Standard 30 year refinance fixed rate loan interest rates are published at 3.500% at PHH and an APR of 3.723% today. Shorter term, popular 15 year refi FRMs have been quoted at 2.750% today carrying an APR of 3.239%. 7/1 Adjustable Rate Mortgages have been published at 2.625% today carrying an APR of 3.141%.