Mortgage Interest Rates Dip at PHH Mortgage Feb 14
10 year fixed rate mortgage interest rates have been offered at 2.940% at the bank today and an APR of 3.395%. 20 year FRM interest rates are coming out at 4.070% today carrying an APR of 4.321%.
The 3/1 ARM loans are published at 4.875% currently yielding an APR of 3.520%. 5/1 ARM interest rates start at 2.875% at PHH yielding an APR of 2.963% at the beginning of the loan. 7/1 Adjustable Rate Mortgages have been listed at 3.170% yielding an APR of 3.115% to start. ARMs in the 10 year category have been published at 3.560% currently with a starting APR of 3.421%.
The best 30 year refinance fixed rate mortgage interest rates at PHH are listed at 3.50% with an APR of 3.723% today. The short term, popular 15 year refi loans are published at 2.75% at the bank with an APR of 3.239% today. 7 year refinance ARM interest rates are being quoted at 2.625% currently with a starting APR of 3.141% .
Loan rates vary with packages of mortgage loan securities that track with the stock market. Financial markets lowered in today's trading with the DJIA at 15,337.70 a decrease of -113.35.
For today at least PHH moved in the same direction as the DJIA. Independent of mortgage rates, this particular bank's stock lost ground to 21.89 down -0.50%.
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