30 year loans at PHH Mortgage can be had for 4.125% and an APR of 4.190%. The shorter term 15 year loan interest rates stand at 3.590% at the bank today with an APR of 3.772%.
10 year fixed rate loan interest rates at the bank can be had for 3.590% with an APR of 3.853%. 20 year FRM interest rates are available starting at 3.875% at the bank carrying an APR of 4.018% today.
5/1 ARMs are on the books at 3.875% at PHH Mortgage with an APR of 4.138%. ARMs in the 7 year category are being quoted at 3.875% currently with a starting APR of 4.110%. The 10/1 ARMS have been offered at 3.920% yielding an APR of 4.101%.
Refinance Mortgage Rates
The benchmark 30 year refinance fixed rate mortgages at PHH Mortgage are listed at 3.50% yielding an APR of 3.723% today. The shorter term 15 year refi fixed rate mortgage interest rates at the bank can be had for 2.75% with an APR of 3.239%. The 7 year refinance ARM deals are available starting at 2.625% with a starting APR of 3.141%.
Related to the market discussion, PHH Mortgage’s own stock price gained ground to 11.26 up +0.31%.