Standard 30 year fixed rate loans at PHH Mortgage are coming out at 4.300% today and an APR of 4.485%. The short term, popular 15 year FRM interest rates have been quoted at 3.350% at the bank carrying an APR of 3.668%.
10 year loan interest rates at the bank have been published at 2.960% and APR of 3.418%. The best 20 year loan deals are on the books at 4.090% with an APR of 4.343% today.
The 3/1 ARM loans have been offered at 5.250% today and APR of 3.626%. ARMs in the 5 year category at PHH Mortgage have been offered at 2.810% yielding an APR of 2.941% at the beginning of the loan. 7/1 ARMs are coming out at 3.160% today carrying an APR of 3.111%. 10 year ARMs are available starting at 3.560% and an APR of 3.422%.
Home Refinance Interest Rates
The benchmark 30 year refinance fixed rate mortgage interest rates can be had for 3.50% at PHH Mortgage today and an APR of 3.723% . The shorter term, popular 15 year refi loans are listed at 2.75% and APR of 3.239% today. The 7/1 ARMS are published at 2.625% with an APR of 3.141% to start.
DOW and Stock Market Results
Quotations of mortgage rates usually vacillate because of a set of mortgage related securities that track with the stock market. Security markets declined in trading today leaving the DJIA at 15,337.70 down -0.73%.
As expected the bank blindly followed the market’s performance. And now, PHH Mortgage’s own stock waned to 21.89 down -0.50%.