This Monday morning sees PHH Mortgage taking a commanding lead over not only Chase Bank (NYSE:JPM), but also much of the nation’s lending market as a whole with some superbly low home purchase mortgage rates.
The best 30 year loan interest rates at Chase Bank (NYSE:JPM) are being quoted at 3.250% yielding an APR of 3.340%. The shorter term 15 year loan interest rates have been quoted at 2.875% at the bank today and an APR of 3.054%.
The 5 year ARM loans at Chase start at 2.750% yielding an APR of 3.054% at present. ARM interest rates in the 7 year category have been listed at 2.750% with an APR of 3.033%.
The best 30 year refinance FRMs at Chase are being quoted at 3.500% yielding an APR of 3.581%. Shorter term 15 year refi loan interest rates at the bank have been published at 2.625% and an APR of 2.749% today.
5 year refinance Adjustable Rate Mortgages have been quoted at 2.750% at Chase carrying an APR of 3.063%. 7/1 ARMs can be had for 2.875% today showing an APR of 3.070%.
The best 30 year loan interest rates stand at 3.100% at PHH Mortgage today yielding an APR of 3.285%. The short term, popular 15 year loans can be had for 2.470% and an APR of 2.799%.
The best 20 year fixed rate loans are 3.030% at the bank and APR of 3.290% today.
40 year loans at the bank can be had for 3.530% today with an APR of 3.683%.
The 3 year ARM loans are on the books at 4.000% today with a starting APR of 3.511%. 5 year ARMs have been quoted at 2.170% at PHH Mortgage with a starting APR of 2.975%.
7/1 ARMs have been quoted at 2.330% yielding an APR of 2.941% to start. The 10/1 ARM interest rates can be had for 2.750% currently with an APR of 3.080% to start.
The best 30 year refinance loan deals at PHH Mortgage have been offered at 3.500% and APR of 3.723% today. The shorter term, popular 15 year refi loan interest rates at the bank are published at 2.750% carrying an APR of 3.239%. 7 year refi ARM interest rates have been quoted at 2.625% with an APR of 3.141%.