30 year loan interest rates stand at 3.750% at Chase Bank (NYSE:JPM) yielding an APR of 3.915%. Shorter term, popular 15 year loan deals can be had for 3.125% today and an APR of 3.472%.
5/1 ARMs are being offered for 3.250% at Chase yielding an APR of 3.605% at present. 7 year ARMs are available starting at 3.500% today yielding an APR of 3.684% to start.
What are the refinance interest rates today?
The benchmark 30 year refinance FRMs can be had for 3.750% at Chase today yielding an APR of 3.853%. The shorter term 15 year refi fixed rate mortgages are coming out at 3.000% today with an APR of 3.145%. 5/1 ARMs are coming out at 3.250% at Chase. with an APR of 3.493%. 7 year refi ARM loans have been quoted at 3.500% currently with an APR of 3.581%.
Related to the market discussion, Chase’s stock price waned to 98.98 down -0.04%.