GMAC looks on course to remain significantly behind Chase Bank (NYSE:JPM) for the week as a whole, with home purchase and refinance packages far from the best to be found on the market today.
Standard 30 year fixed rate loans at GMAC Mortgage have been offered at 3.625% and APR of 3.671%. 30 year VA loans are on the books at 3.375% and APR of 3.640%.
15 year fixed rate loans have been published at 3.125% carrying an APR of 3.154% today.
5 year ARM interest rates at GMAC start at 3.000% showing an APR of 3.169%. As far as Jumbo ARMs go, 5 year interest rates are on the books at 3.125% and an APR of 3.169%.
The benchmark 30 year refinance loan deals have been offered at 3.625% at GMAC yielding an APR of 3.662%. The VA version of the 30 year refi fixed rate mortgages are on the books at 3.375% with an APR of 3.673%.
The shorter term, popular 15 year refi fixed rate mortgages are on the books at 3.125% today yielding an APR of 3.229%. In the ARM arena, 5 year refinance loans have been published at 3.000% at GMAC and APR of 3.124%. The 5 year refi Jumbo ARM loans are 3.125% showing an APR of 3.140%.
The best 30 year fixed rate loan interest rates at Chase Bank (NYSE:JPM) are being quoted at 3.250% today and an APR of 3.350%. The short term, popular 15 year fixed rate loan interest rates at the bank have been listed at 2.875% and an APR of 3.036% today.
ARM interest rates in the 5 year category at Chase have been published at 2.625% yielding an APR of 3.020% at the beginning of the loan. The 7 year ARMs are 2.750% carrying an APR of 3.013%.
The best 30 year refinance FRM interest rates are coming out at 3.500% at Chase and APR of 3.571%. Popular 15 year refinance loan interest rates at the bank are published at 2.625% carrying an APR of 2.731% today.
5/1 ARMs at Chase Bank are listed at 2.625% with an APR of 3.030%. The 7/1 Adjustable Rate Mortgage interest rates have been listed at 2.750% with an APR of 3.023%.