30 year loans have been published at 3.150% at PHH Mortgage today with an APR of 3.334%. The next best rates to be had going into this week are at the 3.250% level at CitiMortgage. Several other of the big banks including Bank of America and Wells Fargo are a notch up from there at 3.375% as the best rate for the 30 year loan.
The short term 15 year loan interest rates are being quoted at 2.430% at PHH carrying an APR of 2.756% today.
10 year loan interest rates at the bank have been quoted at 2.430% yielding an APR of 2.907% today. The best 20 year fixed rate mortgage interest rates are listed at 3.080% carrying an APR of 3.339% today.
40 year fixed rate loans are available starting at 3.570% and APR of 3.723%.
The 3/1 Adjustable Rate Mortgage interest rates are being offered for 4.000% currently with an APR of 3.510%. ARM loans in the 5 year category are published at 2.125% at PHH yielding an APR of 2.959% to start. 7/1 ARMs are being quoted at 2.310% currently and APR of 2.931%. The 10/1 ARMS are available starting at 2.680% today showing an APR of 3.036%.
30 year refinance fixed rate mortgage interest rates at PHH have been offered at 3.500% today yielding an APR of 3.723%. 15 year refi fixed rate mortgages at the bank are available starting at 2.750% and an APR of 3.239% today. 7 year refinance Adjustable Rate Mortgages are coming out at 2.625% today with an APR of 3.141%.