The benchmark 30 year FRM interest rates at Chase Bank (NYSE:JPM) have been listed at 3.625% today and an APR of 3.706%. Shorter term 15 year fixed rate loan interest rates are on the books at 3.125% at the bank yielding an APR of 3.269%.
The 5 year ARMs are being quoted at 2.500% at Chase and the APR is 2.930% on initial purchase. The 7 year ARM loans are being offered for 2.750% currently with an APR of 2.986% to start.
30 year refinance fixed rate loans at Chase are available starting at 3.625% and an APR of 3.737% today. Shorter term 15 year refi loan deals are available starting at 2.875% today and an APR of 3.000%. The 5/1 ARM loans at Chase Bank start at 2.625%. carrying an APR of 2.963%. The 7/1 ARM interest rates are available starting at 2.875% currently with a starting APR of 3.023%.