The benchmark 30 year fixed rate mortgages at PHH Mortgage are being offered for 4.125% yielding an APR of 4.190%. The shorter term, popular 15 year loan deals at the bank are published at 3.590% carrying an APR of 3.772%.
10 year fixed rate loans have been listed at 3.590% today carrying an APR of 3.853%. The best 20 year FRMs at the bank have been published at 3.875% carrying an APR of 4.018% today.
As far as ARMs go, 5 year loans are being quoted at 3.875% at PHH showing an APR of 4.138%. The 7/1 Adjustable Rate Mortgage interest rates have been quoted at 3.875% currently and an APR of 4.110%. 10 year Adjustable Rate Mortgages are coming out at 3.920% today with an APR of 4.101%.
Standard 30 year refinance fixed rate loans are 3.50% at PHH today carrying an APR of 3.723%. Popular 15 year refi loan interest rates can be had for 2.75% at the bank today and an APR of 3.239%. ARM interest rates in the 7 year refinance category start at 2.625% with an APR of 3.141% to start.
Closer to home, PHH’s own stock rose to 11.26 up +0.04.
30 year fixed rate loans at HSBC Bank (NYSE:HBC) can be had for 4.09% today with an APR of 4.177%. The short term, popular 15 year FRM interest rates are listed at 3.625% and APR of 3.775% today.
5 year ARM interest rates at HSBC are being offered for 4% with a starting APR of 4.166%. 7 year Adjustable Rate Mortgages are 3.96% today with a starting APR of 4.133%. The 10 year ARM deals are on the books at 4% today with a starting APR of 4.134%.
More specifically, this particular bank’s stock fell sharply to 1.68 down -5.62%.