The 5/1 Adjustable Rate Mortgage interest rates at GMAC Mortgage are coming out at 3.000% and the APR is 3.087% on initial purchase. The 5 year Jumbo ARM deals are 3.125% with a starting APR of 3.087%.
30 year refinance FRM interest rates have been published at 3.625% at GMAC Mortgage and an APR of 3.713% today. 15 year refi loan deals are available starting at 3.250% with an APR of 3.336%. ARMs in the 5 year refi category at GMAC Mortgage have been published at 3.000%. yielding an APR of 3.082% to start. Refi Jumbo ARM interest rates in the 5 year category start at 3.125% and the APR is 3.058%.
Standard 30 year refinance fixed rate loan interest rates at Quicken have been offered at 3.500% with an APR of 3.723%.
This is perhaps the best refinance rate available in our daily survey of rates from the nation’s best known banks.
Shorter term, popular 15 year refi fixed rate loans have been offered at 2.750% and APR of 3.163%. 7 year refinance ARM interest rates are published at 2.625% today with an APR of 3.111%.