Both Chase Bank (NYSE:JPM) and GMAC Mortgage are certainly offering some attractive home purchase and refinance mortgage rates today, but are far from the top of the table when considering the lows on offer at Wells Fargo (NYSE:WFC) and Citibank (NYSE:C) for example.
The best 30 year fixed rate mortgage interest rates are available starting at 3.625% at GMAC Mortgage carrying an APR of 3.630% today. The VA version of the 30 year fixed rate mortgages can be had for 3.375% with an APR of 3.640%.
Popular 15 year loan interest rates are coming out at 3.125% at the bank and an APR of 3.136%.
The 5/1 ARM loans at GMAC stand at 3.000% with a starting APR of 3.183%. The 5/1 Jumbo ARM interest rates can be had for 3.250% and APR of 3.183%.
Standard 30 year refinance FRMs at GMAC are available starting at 3.500% today carrying an APR of 3.557%. The VA 30 year refi FRMs have been listed at 3.375% and APR of 3.673%.
Shorter term, popular 15 year refi fixed rate loans are 3.125% with an APR of 3.211%. The 5/1 ARMS at GMAC are on the books at 3.000%. and the APR is 3.114%. The 5 year refi Jumbo ARM loans are listed at 3.000% showing an APR of 3.096%.
The best 30 year fixed rate mortgage interest rates can be had for 3.375% at Chase Bank (NYSE:JPM) with an APR of 3.445%. The shorter term 15 year FRMs have been published at 2.875% at the bank today yielding an APR of 3.018%.
ARMs in the 5 year category start at 2.625% at Chase Bank with an APR of 3.039% to start. The 7/1 ARM interest rates stand at 2.750% currently with a starting APR of 3.040%.
Standard 30 year refinance FRM interest rates have been offered at 3.500% at Chase Bank and an APR of 3.581% today. The shorter term 15 year refi loan interest rates are 2.625% carrying an APR of 2.767%.
ARMs in the 5 year refinance category at Chase Bank have been listed at 2.500% with a starting APR of 2.996%. The 7/1 ARM interest rates are 2.750% and an APR of 3.021%.