The benchmark 30 year fixed rate loan interest rates are available starting at 4.125% at PHH Mortgage today yielding an APR of 4.190%. The short term 15 year FRM interest rates start at 3.590% and APR of 3.772% today.
10 year loan deals are 3.590% and APR of 3.853%. 20 year FRMs are being quoted at 3.875% at the bank yielding an APR of 4.018% today.
The 5 year ARM interest rates are being quoted at 3.875% at PHH Mortgage carrying an APR of 4.138%. The 7/1 ARM interest rates can be had for 3.875% today yielding an APR of 4.110%. 10/1 ARM loans have been offered at 3.920% currently yielding an APR of 4.101%.
Mortgage Rates for Refinance
30 year refinance loans are being offered for 3.50% at PHH Mortgage and APR of 3.723%. 15 year refi loan interest rates at the bank start at 2.75% today with an APR of 3.239%. ARM interest rates in the 7 year refi category start at 2.625% with a starting APR of 3.141%.
Related to the market discussion, the stock price of PHH Mortgage rose to 11.26 up +0.31%.
The benchmark 30 year loan interest rates can be had for 3.25% at Quicken Loans yielding an APR of 3.704%. 30 year VA fixed rate mortgage interest rates are coming out at 3.375% carrying an APR of 3.787%.
Shorter term, popular 15 year FRMs stand at 3.625% with an APR of 3.91% today.
The 5/1 ARMS have been offered at 3.875% at Quicken with an APR of 4.136% to start.