GMAC is today trailing slightly behind Chase Bank (NYSE:JPM) in terms of both home purchase and refinance rates, though estimates vary as to what to expect over the course of the weekend.
The best 30 year refinance loans at GMAC are on the books at 3.500% and an APR of 3.567% today. VA 30 year refi mortgage interest rates have been offered at 3.250% and APR of 3.546%. 15 year refi fixed rate loans at the bank stand at 3.125% with an APR of 3.211%.
ARM interest rates in the 5 year refinance category at GMAC start at 3.000%. and the APR is 3.124%. As far as refi Jumbo ARMs go, 5 year interest rates are being offered for 3.125% and an APR of 3.140%.
30 year FRM interest rates are 3.250% at Chase Bank (NYSE:JPM) today carrying an APR of 3.320%. Popular 15 year loan interest rates are 2.875% at the bank today with an APR of 3.018%.
In the ARM arena, 5 year interest rates at Chase Bank can be had for 2.625% yielding an APR of 3.030%. The 7 year ARMs can be had for 2.750% today showing an APR of 3.033%.
The best 30 year refinance loan interest rates at Chase Bank are being quoted at 3.375% today yielding an APR of 3.485%. Shorter term, popular 15 year refi FRMs are on the books at 2.625% with an APR of 2.731% today.
5 year refinance Adjustable Rate Mortgages at Chase have been published at 2.750% showing an APR of 3.063%. 7/1 ARM interest rates are available starting at 2.875% with a starting APR of 3.070%.