The benchmark 30 year FRM interest rates have been offered at 4.125% at PHH Mortgage and an APR of 4.190% today. The shorter term 15 year fixed rate mortgages start at 3.590% yielding an APR of 3.772%.
10 year fixed rate mortgages are being quoted at 3.590% today carrying an APR of 3.853%. The best 20 year FRMs are coming out at 3.875% today yielding an APR of 4.018%.
5 year ARMs have been published at 3.875% at PHH with an APR of 4.138%. 7/1 Adjustable Rate Mortgages have been listed at 3.875% carrying an APR of 4.110%. The 10 year ARMs are on the books at 3.920% today and an APR of 4.101%.
Mortgage Rates for Refinance
30 year refinance loan interest rates at PHH have been quoted at 3.50% with an APR of 3.723% today. The shorter term, popular 15 year refinance fixed rate mortgage interest rates are being offered for 2.75% and APR of 3.239%. The 7/1 ARMS are listed at 2.625% today with an APR of 3.141%.
Independent of mortgage rates, PHH’s own stock price rose to 11.26 up +0.31%.