The best 30 year fixed rate loan interest rates are published at 2.99% at Quicken Loans carrying an APR of 3.141% today. The short term, popular 15 year loan interest rates are listed at 4.50% at the bank yielding an APR of 4.759% today.
The 7/1 ARM loans start at 3.50% currently yielding an APR of 3.884% to start.
Standard 30 year refinance loan deals are available starting at 2.99% at Quicken carrying an APR of 3.141% . The shorter term 15 year refi loans are listed at 4.50% today and an APR of 4.759% . The 7/1 ARM loans are coming out at 3.50% with a starting APR of 3.884% .
Mortgage interest rates move with market traded MBS prices that follow stock market motions. Overall markets waned by close today to leave the DOW at 15,337.70 down -0.73%.
Not surprisingly Quicken tracked with the market’s performance.