30 year loans at Chase Bank (NYSE:JPM) are being quoted at 3.750% yielding an APR of 3.915%. The shorter term, popular 15 year loan interest rates have been published at 3.125% at the bank with an APR of 3.472%.
The 5/1 ARM deals at Chase Bank are being quoted at 3.250% yielding an APR of 3.605% to start. 7 year ARM loans stand at 3.500% and the APR is 3.684%.
Best Available Refinance Mortgage Rates
Standard 30 year refinance loan interest rates have been listed at 3.750% at Chase Bank and APR of 3.853% today. 15 year refi fixed rate loan interest rates start at 3.000% and APR of 3.145%. In the ARM arena, 5 year refinance interest rates start at 3.250% at Chase Bank. and an APR of 3.493%. 7/1 Adjustable Rate Mortgages are on the books at 3.500% currently and APR of 3.581%.
Drilling down a bit, Chase Bank’s own stock lowered to 98.98 down -0.04%.
The best 30 year fixed rate loan interest rates are 4.000% at Commerce Bank today yielding an APR of 4.103%. The shorter term 15 year fixed rate mortgage interest rates at the bank are 3.500% today yielding an APR of 3.643%.
10 year loans are 3.375% today and an APR of 3.581%. 20 year fixed rate loan interest rates are being quoted at 3.875% today and an APR of 4.017%.
The 5/1 Adjustable Rate Mortgages at Commerce are published at 3.125% and an APR of 4.027%. ARMs and their APRs change as interest rates move up and down. 7 year ARM interest rates have been quoted at 3.375% currently showing an APR of 4.003%.
Related to the market discussion, Commerce’s stock price strengthened to 56.77 up +0.30.