30 year loan interest rates are coming out at 3.625% at Chase Bank (NYSE:JPM) yielding an APR of 3.706%. The shorter term, popular 15 year fixed rate mortgages at the bank are published at 3.125% yielding an APR of 3.269%.
5 year ARMs at Chase can be had for 2.500% and the APR is 2.930% on initial purchase. 7/1 Adjustable Rate Mortgages start at 2.750% today with a starting APR of 2.986%.
The best 30 year refinance loan deals are coming out at 3.625% at Chase carrying an APR of 3.737% today. Shorter term, popular 15 year refinance loan interest rates are being quoted at 2.875% at the bank and APR of 3.000% today. As far as ARMs go, 5 year refi deals can be had for 2.625% at Chase. and the APR is 2.963%. ARM loans in the 7 year refinance category are published at 2.875% today with an APR of 3.023% to start.