Five-year adjustables were quoted at 2.75% to 3.25%, according to Mortgage News Daily. 5 year refi FHA Adjustable Rate Mortgages are listed at 3.875
Five-year adjustables were quoted at 2.75% to 3.25%, according to Mortgage News Daily. 5 year refi FHA Adjustable Rate Mortgages are listed at 3.875% with a starting April of 4.067%. Popular 15 year fixed rate mortgage interest rates are coming out at 3.625% at the bank and an April of 3.775%. The seasonally adjusted Purchase Index was up by five percent from one week earlier and the unadjusted Purchase Index increased by one percent compared with the previous week and was up by four percent from the same week one year ago. The 7/1 ARM deals are available starting at 3.875% and April of 4.110%.
ARM interest rates in the 5 year category at HSBC have been published at 4% with a starting April of 4.166%. 10/1 ARM interest rates can be had for 4% with an April of 4.134%.
Also in the market, PHH’s own stock ticker strengthened to 11.26 up +0.31%. A year ago at this time, the 15-year FRM averaged 3.25 percent. The 7 year refinance ARM interest rates have been listed at 2.625% with a starting April of 3.141%. The 10 year ARM interest rates have been listed at 4% with an April of 4.134%.
Standard 30 year loan deals at HSBC Bank (NYSE:HBC) are coming out at 4.09% with an April of 4.177% today. The 10-year Treasury yield fell roughly 4 basis points, while the 30-year mortgage rate dropped 3 basis points to 3.92 percent.
Large (in eligible areas) 30 year FHA refinance fixed rate loan interest rates are being offered for 4.125% carrying an April of 4.132%.
The contract interest rate for a 5/1 adjustable rate mortgage loan dipped from 3.41% to 3.31%. The short term, popular 15 year refinance FRMs start at 2.75% and April of 3.239%.