The benchmark 30 year loan deals at Chase Bank (NYSE:JPM) are being offered for 3.625% with an APR of 3.706%. The shorter term 15 year fixed rate mortgages at the bank can be had for 3.125% carrying an APR of 3.269% today.
In the ARM arena, 5 year loans have been quoted at 2.500% at Chase with a starting APR of 2.930%. The 7/1 Adjustable Rate Mortgage interest rates start at 2.750% currently with an APR of 2.986% to start.
Standard 30 year refinance fixed rate mortgage interest rates at Chase are coming out at 3.625% today and an APR of 3.737%. Shorter term, popular 15 year refinance loan interest rates stand at 2.875% and an APR of 3.000%. The 5 year refi ARM loans have been quoted at 2.625% at Chase. yielding an APR of 2.963%. 7/1 ARM interest rates are coming out at 2.875% and the APR is 3.023%.