The 5/1 ARM loans are available starting at 3.000% at GMAC with a starting APR of 3.193% which will change as interest rates adjust. The 5/1 Jumbo ARM loans are being offered for 3.250% yielding an APR of 3.193%.
30 year refinance fixed rate loans at GMAC start at 3.750% with an APR of 3.797%. Shorter term, popular 15 year refi fixed rate loans are being quoted at 3.125% at the bank and an APR of 3.229%. The 5 year refinance ARM deals are published at 3.000% at GMAC. with an APR of 3.173%. 5 year refi Jumbo ARMs have been published at 3.000% with an APR of 3.106% to start.
Quicken Loans Summary
30 year loan interest rates have been offered at 3.500% at Quicken Loans and an APR of 3.712% today. The shorter term 15 year loan interest rates stand at 2.750% yielding an APR of 3.126%.
The 7/1 ARM deals are being offered for 2.625% currently showing an APR of 3.111%.
Standard 30 year refinance fixed rate loans are available starting at 3.500% at Quicken Loans with an APR of 3.712%. 15 year refi loan deals are available starting at 2.750% today and an APR of 3.126%. The 7/1 ARM deals are listed at 2.625% today with a starting APR of 3.111%.