30 year FRM interest rates are 4.125% at PHH Mortgage carrying an APR of 4.190%. Shorter term 15 year fixed rate mortgages are published at 3.590% and an APR of 3.772% today.
10 year loan interest rates start at 3.590% and APR of 3.853% today. 20 year FRMs are on the books at 3.875% and APR of 4.018%.
As far as ARMs go, 5 year deals are coming out at 3.875% at PHH Mortgage and the APR is 4.138%. The 7 year ARMs are published at 3.875% with an APR of 4.110%. 10/1 ARMs start at 3.920% today with a starting APR of 4.101%.
Mortgage Rates for Refinance
The benchmark 30 year refinance loans at PHH Mortgage are on the books at 3.50% today carrying an APR of 3.723%. Popular 15 year refinance fixed rate mortgages have been published at 2.75% and an APR of 3.239%. 7 year refinance ARMs stand at 2.625% with an APR of 3.141%.
Closer to home, the banks stock price moved higher to 11.26 up +0.04.