Most of the mortgage rates being offered today at Chase Bank (NYSE:JPM) are identical to those of yesterday, as the market as a whole continues a week of rare stability across the board. The low rates on offer from major lenders seem to have hit something of a sticking point that is likely to continue for some time, though analysts are once again advising would-be buyers and borrowers to make their moves sooner rather than later to avoid disappointment.
Home purchase mortgage rates first and this Thursday morning sees the Chase Bank 30 year fixed rate home loan being offered for 3.375% and APR of 3.455%, while those opting for the 15 year variant can expect to pay 2.750% in interest and an APR of 2.893%.
For those looking to invest in a new or used home with the help of an adjustable rate home purchase package today, Chase Bank is offering the standard 7/1 ARM with an interest rate of 2.500% to begin and an APR of 2.915% variable, while the 5/1 ARM can be taken home starting at 2.250% and carrying an APR of 2.901% variable.
Moving on to home refinance mortgage rates now and today sees Chase Bank offering the benchmark 30 year fixed rate deal from as little as 3.500% and with an APR of 3.611%, while the shorter 15 year variant can be taken out and locked in for 2.750% and APR of 2.929%.
With regard to adjustable rate home refinance loans of particularly worthy mention, the standard 7/1 ARM from Chase is being advertised today with an opening rate of 2.750% and an APR of 3.059% variable, while the 5/1 ARM continues to perform with strength at a daily low of 2.625% to start and an APR amounting to 3.049% variable.