PNC Bank (NYSE:PNC) finds itself once again trailing behind Chase Bank (NYSE:JPM) in terms of rock-bottom mortgage rates, though the market as a whole continues its run of growing strength and excellent borrowing opportunities.
The benchmark 30 year FRMs have been offered at 3.375% at Chase Bank (NYSE:JPM) yielding an APR of 3.435% today. The short term 15 year loan interest rates are listed at 3.000% and an APR of 3.107% today.
5/1 ARM loans at Chase have been published at 2.750% with a starting APR of 3.063%. 7 year Adjustable Rate Mortgages stand at 2.875% currently yielding an APR of 3.070%.
30 year refinance FRMs are being offered for 3.500% at Chase carrying an APR of 3.591%. The short term 15 year refi loan deals have been listed at 2.625% with an APR of 2.767% today. As far as ARMs go, 5 year refi deals are being quoted at 2.750% at Chase with an APR of 3.073%.
7 year refinance ARM loans are being offered for 2.875% currently yielding an APR of 3.080% to start.
The benchmark 30 year FRM interest rates are coming out at 3.625% at PNC Bank (NYSE:PNC) carrying an APR of 3.668% today. Shorter term, popular 15 year fixed rate loans are published at 2.875% today with an APR of 2.983%.
10 year loan deals have been quoted at 2.875% yielding an APR of 2.980%. The best 20 year loan deals are published at 3.500% at the bank yielding an APR of 3.546%.
Standard 30 year refinance FRM interest rates at PNC have been quoted at 4.000% today yielding an APR of 4.042%. 15 year refi FRM interest rates are 3.125% and an APR of 3.193%.
10 year refinance loan interest rates are being quoted at 3.125% yielding an APR of 3.198% today. 20 year refinance fixed rate mortgage interest rates are available starting at 3.625% and APR of 3.710%.