Standard 30 year fixed rate loan interest rates are published at 3.750% at Chase Bank (NYSE:JPM) carrying an APR of 3.915% today. The short term, popular 15 year loan deals are published at 3.125% today and an APR of 3.472%.
The 5/1 Adjustable Rate Mortgage interest rates are 3.250% at Chase with an APR of 3.605%. ARM loans in the 7 year category are listed at 3.500% and an APR of 3.684%.
Refinance Mortgage Loans
30 year refinance loan interest rates at Chase are listed at 3.750% yielding an APR of 3.853% today. The shorter term, popular 15 year refi fixed rate mortgages are being quoted at 3.000% with an APR of 3.145% today. The 5 year refi ARM interest rates are being quoted at 3.250% at Chase. and an APR of 3.493%. The 7 year refinance ARM deals are on the books at 3.500% today yielding an APR of 3.581%.
Independent of mortgage rates, the banks stock price lost ground to 98.98 down -0.04%.