The best 30 year loan deals have been listed at 4.375% at Quicken Loans today with an APR of 4.621% . Shorter term, popular 15 year fixed rate mortgage interest rates at the bank start at 3.375% and APR of 3.777% .
5 year Adjustable Rate Mortgages at Quicken are published at 2.99% with an APR of 3.058% .
The benchmark 30 year refinance loan interest rates at Quicken are listed at 4.375% and APR of 4.621% . The shorter term, popular 15 year refi fixed rate loans have been offered at 3.375% and an APR of 3.777% today. The 5 year refinance ARM loans at Quicken start at 2.99%. with a starting APR of 3.058% .
Financial Market News
All the mortgage rates published by banks fluctuate sometimes because of MBS’s that are dependent on the stock market. Stocks dropped by market close putting the DJAI at 15,337.70 down -0.73%.
This time Quicken blindly followed Wall Street.