5 year Adjustable Rate Mortgages have been published at 3.000% at GMAC with a starting APR of 3.112% which will change as interest rates adjust. 5/1 Jumbo ARM loans are being offered for 3.250% yielding an APR of 3.112%.
The benchmark 30 year refinance FRM interest rates at GMAC have been published at 3.875% and APR of 3.912%. The shorter term, popular 15 year refi loans can be had for 3.375% at the bank carrying an APR of 3.461% today. The 5/1 ARM interest rates at GMAC Mortgage are on the books at 3.000%. and an APR of 3.092%. 5 year refi Jumbo ARMs are being offered for 3.000% with a starting APR of 3.034%.