The benchmark 30 year FRM interest rates at PHH Mortgage have been offered at 4.210% today yielding an APR of 4.390%. 15 year loan deals at the bank have been listed at 3.290% and APR of 3.602% today.
10 year loan interest rates at the bank are being offered for 2.900% with an APR of 3.349% today. 20 year loan deals have been quoted at 4.020% at the bank yielding an APR of 4.267%.
The 3 year ARM interest rates are being offered for 4.750% currently showing an APR of 3.468%. ARM loans in the 5 year category at PHH are coming out at 2.810% carrying an APR of 2.938% to start. 7 year ARMs stand at 3.125% with an APR of 3.092%. 10/1 Adjustable Rate Mortgages are 3.500% today carrying an APR of 3.381%.
What are the refinance mortgage rates?
The best 30 year refinance loan interest rates are on the books at 3.50% at PHH carrying an APR of 3.723% today. The shorter term 15 year refinance FRMs are on the books at 2.75% today with an APR of 3.239% . The 7 year refinance Adjustable Rate Mortgages are coming out at 2.625% currently with an APR of 3.141% .
Stock Market Movement Today
Big bank mortgage rates sometimes change as a result of mortgage financial instruments that track with the stock market. The stock market lost ground by close today to leave the DJIA at 15,337.70 down -0.73%.
For today at least PHH decided not to follow the DJIA results. On the topic of stocks, this particular bank’s stock price dropped to 21.89 down -0.50%.