The best 30 year FRM interest rates at PNC Bank (NYSE:PNC) have been quoted at 4.250% carrying an APR of 4.426%. 30 year FHA loan interest rates are coming out at 3.875% with a bit higher APR of 4.731%. The shorter term 15 year FRMs are being offered for 3.375% at the bank and an APR of 3.692%.
As far as ARMs go, 5 year interest rates at PNC Bank are being offered for 3.500% yielding an APR of 3.983% at the beginning of the loan.
Related to the market discussion, this particular bank’s stock price fell to 117.46 down -0.18.