Standard 30 year loan interest rates have been quoted at 3.875% at PHH Mortgage and an APR of 3.917% today. The short term, popular 15 year fixed rate mortgage interest rates at the bank are coming out at 3.350% today and an APR of 3.529%.
10 year loan interest rates are being quoted at 3.170% today and an APR of 3.428%. The best 20 year loans at the bank are 3.720% and an APR of 3.861% today.
The 5 year ARM deals at PHH stand at 3.375% with an APR of 3.877%. The 7 year ARMs are available starting at 3.500% currently with an APR of 3.865% to start. ARMs in the 10 year category have been offered at 3.750% carrying an APR of 3.947%.
Refinancing Your Home
Standard 30 year refinance fixed rate loan interest rates are 3.50% at PHH today yielding an APR of 3.723%. The short term 15 year refinance loan interest rates are published at 2.75% and an APR of 3.239%. The 7 year refi ARM deals are listed at 2.625% today and an APR of 3.141%.
Related to the market discussion, PHH’s stock price moved ahead to 12.98 up +0.89%.
The benchmark 30 year fixed rate loans at Commerce Bank are listed at 4.125% today and an APR of 4.228%. Shorter term 15 year fixed rate mortgages are published at 3.250% today with an APR of 3.392%.
10 year fixed rate loan interest rates have been published at 3.250% and an APR of 3.456% today. The best 20 year fixed rate loan interest rates are being offered for 3.750% and an APR of 3.891%.
The 5/1 ARMS are 3.250% at Commerce yielding an APR of 3.672% to start. 7/1 ARM loans are being offered for 3.500% yielding an APR of 3.733% to start.
Also in the market, the banks stock moved ahead to 55.00 up +1.80%.