PHH Mortgage has once again come out as the surprise market leader for low-rate home purchase mortgage rates today, while PNC Bank (NYSE:PNC) lags rather far behind with less-impressive packages.
The benchmark 30 year FRMs are available starting at 3.150% at PHH Mortgage today with an APR of 3.329%. Shorter term 15 year loan interest rates start at 2.470% and APR of 2.789% today.
20 year fixed rate mortgage interest rates at the bank can be had for 3.125% today with an APR of 3.377%.
40 year loans are 3.625% with an APR of 3.774%.
The 3 year ARM deals are 4.125% currently and the APR is 3.533%. As far as ARMs go, 5 year interest rates are on the books at 2.210% at PHH yielding an APR of 2.984% at present.
The 7 year ARM loans have been offered at 2.420% with a starting APR of 2.977%. ARM interest rates in the 10 year category are published at 2.800% and an APR of 3.104%.
The best 30 year refinance loan interest rates are published at 3.500% at PHH and an APR of 3.723%. The short term 15 year refi loan deals are 2.750% at the bank today and an APR of 3.239%. 7/1 ARM interest rates are on the books at 2.625% with a starting APR of 3.141%.
The best 30 year FRMs at PNC Bank (NYSE:PNC) have been quoted at 3.750% carrying an APR of 3.784%. The shorter term 15 year loan interest rates start at 3.000% today with an APR of 3.055%.
20 year FRM interest rates at the bank are available starting at 3.625% today carrying an APR of 3.657%.
The benchmark 30 year refinance loan interest rates at PNC are published at 4.125% and an APR of 4.147%. Shorter term, popular 15 year refinance loan interest rates have been quoted at 3.125% with an APR of 3.230% today.
10 year refinance fixed rate loans at the bank have been offered at 3.125% today and an APR of 3.251%. 20 year refinance fixed rate mortgage interest rates at the bank can be had for 3.750% with an APR of 3.836% today.