The benchmark 30 year loan interest rates are published at 3.750% at Chase Bank (NYSE:JPM) and APR of 3.915%. The shorter term, popular 15 year loan interest rates have been listed at 3.125% yielding an APR of 3.472% today.
As far as ARMs go, 5 year interest rates have been offered at 3.250% at Chase Bank yielding an APR of 3.605% to start. 7 year ARMs are coming out at 3.500% showing an APR of 3.684%.
What does it cost to refinance?
30 year refinance fixed rate mortgages at Chase Bank are listed at 3.750% today yielding an APR of 3.853%. Shorter term, popular 15 year refinance FRM interest rates are 3.000% at the bank today yielding an APR of 3.145%. 5/1 ARM interest rates at Chase Bank are on the books at 3.250%. yielding an APR of 3.493%. The 7/1 Adjustable Rate Mortgages are on the books at 3.500% today showing an APR of 3.581%.
Now this particular bank’s stock dropped to 98.98 down -0.04%.