The best 30 year fixed rate mortgage interest rates are coming out at 4.09% at HSBC Bank (NYSE:HBC) and APR of 4.177% today. The short term 15 year fixed rate loan interest rates have been offered at 3.625% carrying an APR of 3.775% today.
The 5/1 ARM loans at HSBC have been listed at 4% and the APR is 4.166% on initial purchase. ARMs in the 7 year category start at 3.96% currently carrying an APR of 4.133%. The 10 year Adjustable Rate Mortgages are coming out at 4% with a starting APR of 4.134%.
Related to the market discussion, the banks stock fell off the cliff to 1.68 down -5.62%.
The benchmark 30 year fixed rate mortgage interest rates have been published at 4.125% at PHH Mortgage with an APR of 4.190%. Popular 15 year fixed rate loans have been quoted at 3.590% with an APR of 3.772% today.
10 year loans at the bank are coming out at 3.590% and an APR of 3.853%. 20 year loans have been quoted at 3.875% carrying an APR of 4.018% today.
The 5/1 Adjustable Rate Mortgage interest rates at PHH can be had for 3.875% carrying an APR of 4.138% to start. The 7/1 Adjustable Rate Mortgage interest rates are available starting at 3.875% today with a starting APR of 4.110%. 10 year ARM loans have been offered at 3.920% yielding an APR of 4.101%.
What does it cost to refinance?
Standard 30 year refinance loan interest rates at PHH have been published at 3.50% today carrying an APR of 3.723%. The shorter term 15 year refinance fixed rate loan interest rates at the bank are 2.75% carrying an APR of 3.239% today. 7 year refi ARM loans are available starting at 2.625% currently yielding an APR of 3.141% to start.
Also in the market, the banks stock increased to 11.26 up +0.31%.