The benchmark 30 year fixed rate mortgages at PHH Mortgage are being quoted at 4.125% today and an April of 4.176%. 10 year FRMs at the bank are 3.5
The benchmark 30 year fixed rate mortgages at PHH Mortgage are being quoted at 4.125% today and an April of 4.176%.
10 year FRMs at the bank are 3.560% carrying an April of 3.814% today.
The best 30 year refinance FRMs at PHH Mortgage are being quoted at 3.50% yielding an April of 3.723%.
A year ago, it was 3.07 percent. A year ago at this time, the 15-year FRM averaged 3.14 percent. 10/1 ARMs are 3.920% now and an April of 4.097%.
The rate on five-year adjustable rate mortgages slipped to 3.21 percent this week from 3.22 percent last week.
Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage.
Attributed to Sean Becketti, chief economist, Freddie Mac. Banks including Nationwide and TSB have announced that they are increasing the savings rate in line with this. The shorter term, popular 15 year loan interest rates at the bank have been quoted at 3.590% yielding an April of 3.766% today.
Long-term mortgage rates rose this week to the highest level in months.