30 year loan interest rates start at 4.375% at Chase Bank (NYSE:JPM) yielding an APR of 4.471% today. The shorter term, popular 15 year loan interest rates have been listed at 3.625% and an APR of 3.771%.
ARMs in the 5 year category at Chase are being quoted at 3.250% yielding an APR of 3.094% at the beginning of the loan. The 7 year ARMs are 3.500% with a starting APR of 3.244%.
What are the refinance mortgage rates?
Standard 30 year refinance FRM interest rates are coming out at 4.375% at Chase today and an APR of 4.471%. The shorter term, popular 15 year refi FRMs are published at 3.500% today carrying an APR of 3.627%. The 5 year refi ARMs are being offered for 3.125% at Chase. yielding an APR of 3.050% to start. 7/1 Adjustable Rate Mortgages are published at 3.375% today with a starting APR of 3.206%.
From the finance side
Quotations of mortgage rates fluctuate because of specific securities related to mortgages which follow stock market motions. Financial markets waned in trading today putting the DOW at 15,337.70 up -0.73%.
Mortgages at Chase took the lead of the Wall Street direction. Now the stock price of Chase strengthened to 53.66 up +0.37.