Standard 30 year fixed rate mortgages are available starting at 3.625% at Chase Bank (NYSE:JPM) with an APR of 3.716% today. 15 year FRM interest rates can be had for 3.125% at the bank carrying an APR of 3.287% today.
The 5/1 ARM interest rates are available starting at 2.500% at Chase with a starting APR of 2.954%. The 7 year ARM loans are listed at 2.750% today yielding an APR of 2.995% to start.
The benchmark 30 year refinance fixed rate loan interest rates have been offered at 3.750% at Chase and an APR of 3.842% today. The short term, popular 15 year refinance FRM interest rates are listed at 2.875% today with an APR of 3.000%. ARM loans in the 5 year refinance category at Chase start at 2.625%. showing an APR of 2.977%. 7/1 ARMs are on the books at 2.750% today with an APR of 3.005%.