30 year fixed rate mortgage interest rates are published at 3.625% at Chase Bank (NYSE:JPM) today and an APR of 3.706%. Shorter term, popular 15 year fixed rate loans are being quoted at 3.125% and an APR of 3.269%.
The 5/1 ARM loans at Chase Bank stand at 2.500% and an APR of 2.930%. ARMs and their APRs change as interest rates move up and down. The 7/1 ARMS have been quoted at 2.750% with an APR of 2.986%.
30 year refinance FRMs are listed at 3.625% at Chase Bank and APR of 3.737%. The short term, popular 15 year refi fixed rate loans are published at 2.875% at the bank and APR of 3.000% today. ARMs in the 5 year refi category are on the books at 2.625% at Chase Bank. and APR of 2.963%. 7 year refinance Adjustable Rate Mortgages stand at 2.875% and an APR of 3.023%.