Both Chase Bank (NYSE:JPM) and PNC Bank (NYSE:PNC) have fallen behind the market leaders in terms of mortgage rates at incredible lows, having not quite managed to equal the record-breaking home purchase and refinance package of Wells Fargo (NYSE:WFC) and Bank of America (NYSE:BAC) to name but two.
Chase Bank (NYSE:JPM)
The best 30 year loan interest rates at Chase Bank (NYSE:JPM) are available starting at 3.375% carrying an APR of 3.435%. Popular 15 year loan deals at the bank start at 2.875% carrying an APR of 3.000% today.
5 year ARM loans at Chase Bank have been offered at 2.500% yielding an APR of 2.986%. The 7/1 ARMS are on the books at 2.625% carrying an APR of 2.983%.
The best 30 year refinance loans at Chase Bank have been offered at 3.500% and an APR of 3.560%. Shorter term 15 year refinance loan interest rates start at 2.625% today yielding an APR of 2.749%. The 5 year refi Adjustable Rate Mortgages at Chase have been published at 2.500%. with an APR of 2.996%. The 7 year refinance Adjustable Rate Mortgages have been published at 2.750% today and an APR of 3.021%.
PNC Bank (NYSE:PNC)
30 year FRMs are being offered for 3.625% at PNC Bank (NYSE:PNC) yielding an APR of 3.648%. Shorter term, popular 15 year fixed rate mortgage interest rates at the bank are published at 2.875% today with an APR of 2.947%.
20 year loans are listed at 3.375% at the bank carrying an APR of 3.420%.
Standard 30 year refinance fixed rate mortgage interest rates are available starting at 3.750% at PNC carrying an APR of 3.791% today. Popular 15 year refinance loan interest rates start at 3.125% today and an APR of 3.175%. 10 year refinance fixed rate mortgage interest rates are listed at 3.000% at the bank and APR of 3.125%. 20 year refinance loan interest rates at the bank have been listed at 3.500% with an APR of 3.570%.