The benchmark 30 year loans at Chase Bank (NYSE:JPM) are being offered for 3.625% today yielding an APR of 3.706%. The short term, popular 15 year fixed rate loans start at 3.125% at the bank with an APR of 3.269% today.
ARM interest rates in the 5 year category at Chase are on the books at 2.500% and an APR of 2.930%. ARMs and their APRs change as interest rates move up and down. 7/1 Adjustable Rate Mortgages are published at 2.750% today with a starting APR of 2.986%.
The benchmark 30 year refinance loans have been listed at 3.625% at Chase today and an APR of 3.737%. The short term 15 year refi loan interest rates are published at 2.875% with an APR of 3.000% today. 5/1 ARMs at Chase start at 2.625%. showing an APR of 2.963%. The 7 year refinance ARM loans are coming out at 2.875% today with a starting APR of 3.023%.