Standard 30 year fixed rate mortgages at PHH Mortgage start at 4.125% yielding an APR of 4.190% today. Shorter term 15 year loan deals have been quoted at 3.590% today yielding an APR of 3.772%.
10 year loans start at 3.590% with an APR of 3.853%. 20 year loan interest rates are being offered for 3.875% at the bank carrying an APR of 4.018%.
ARM interest rates in the 5 year category are 3.875% at PHH with a starting APR of 4.138%. The 7/1 ARM deals are listed at 3.875% with a starting APR of 4.110%. 10/1 ARM interest rates have been offered at 3.920% currently and APR of 4.101%.
Home Refinance Interest Rates
The best 30 year refinance fixed rate mortgage interest rates at PHH can be had for 3.50% yielding an APR of 3.723%. 15 year refi loans at the bank can be had for 2.75% and an APR of 3.239% today. The 7 year refinance Adjustable Rate Mortgages have been quoted at 2.625% with a starting APR of 3.141%.
Related to the market discussion, the banks stock improved to 11.26 up +0.04.