The benchmark 30 year fixed rate loans at Chase Bank (NYSE:JPM) are coming out at 3.625% yielding an APR of 3.706%. Shorter term 15 year fixed rate mortgage interest rates are coming out at 3.125% today yielding an APR of 3.269%.
The 5/1 ARM deals are being offered for 2.500% at Chase Bank and the APR is 2.930%. ARMs in the 7 year category stand at 2.750% currently yielding an APR of 2.986%.
The benchmark 30 year refinance FRMs are being offered for 3.625% at Chase Bank with an APR of 3.737%. Shorter term 15 year refi loan deals are 2.875% and an APR of 3.000%. ARMs in the 5 year refinance category at Chase Bank start at 2.625%. with a starting APR of 2.963%. The 7/1 ARM interest rates can be had for 2.875% today and APR of 3.023%.