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