Most of the big mortgage lenders have quoted increases in recent days but this bank is still significantly in front of the competition. The benchmark 30 year loan interest rates stand at 3.480% at PHH Mortgage carrying an APR of 3.671%. Popular 15 year fixed rate loans have been listed at 2.770% at the bank today carrying an APR of 3.105%.
10 year fixed rate mortgage interest rates can be had for 2.625% yielding an APR of 3.111% today. 20 year loan deals have been quoted at 3.375% and an APR of 3.641%.
40 year loans are being offered for 4.000% at the bank today carrying an APR of 4.161%.
The 3/1 Adjustable Rate Mortgage interest rates have been offered at 4.125% today with an APR of 3.442%. As far as ARMs go, 5 year interest rates are 2.210% at PHH and APR of 2.908%. The 7/1 Adjustable Rate Mortgage interest rates are being offered for 2.420% currently yielding an APR of 2.915%. 10 year ARMs have been published at 2.810% currently with a starting APR of 3.067%.
The best 30 year refinance loan deals can be had for 3.500% at PHH carrying an APR of 3.723% today. 15 year refinance loan interest rates at the bank are published at 2.750% and APR of 3.239% today. 7 year refi ARM loans are published at 2.625% yielding an APR of 3.141%.