The best 30 year fixed rate loan interest rates are coming out at 4.375% at BMO Harris Bank today with an APR of 4.657%. 15 year fixed rate loan interest rates are published at 3.375% today yielding an APR of 3.647%.
10 year loan interest rates can be had for 3.250% at the bank today with an APR of 3.621%. The best 20 year FRMs at the bank are available starting at 4.250% carrying an APR of 4.487% today.
The 3/1 ARM deals are on the books at 2.625% currently carrying an APR of 2.921%. ARM interest rates in the 5 year category are published at 2.875% at Harris Bank with a starting APR of 2.995%. The 7/1 Adjustable Rate Mortgage interest rates stand at 3.375% currently and APR of 3.248%. 10 year ARM interest rates are available starting at 3.750% currently with an APR of 3.585%.
Stock Market Update
Mortgage rates are steered by a set of mortgage related securities which track with the stock market. Security markets lowered in today’s trading putting the DJAI at 15,337.70.
For today the bank did not defy the stock market. Closer to home, the banks stock price increased to 62.60 up +0.72%.