The benchmark 30 year loan deals at Chase Bank (NYSE:JPM) stand at 4.250% yielding an APR of 4.345% today. Shorter term, popular 15 year FRM interest rates have been listed at 3.625% yielding an APR of 3.734% today.
The 5 year ARM deals at Chase Bank are available starting at 3.375% with an APR of 3.128% to start. The 7 year Adjustable Rate Mortgages have been offered at 3.500% today showing an APR of 3.244%.
Home Refinance Interest Rates
The best 30 year refinance FRM interest rates stand at 4.250% at Chase Bank and an APR of 4.345%. Shorter term 15 year refi FRM interest rates are being quoted at 3.375% and APR of 3.557% today. The 5/1 Adjustable Rate Mortgages are published at 3.125% at Chase Bank. with a starting APR of 3.050%. 7 year refinance ARMs have been quoted at 3.375% currently showing an APR of 3.175%.
Mortgage and refinance rates are often influenced by mortgage bonds and security prices that partially track with the stock market. The stock market lost ground in trading today to leave the DJIA at 15,337.70 a decrease of -113.35.
Today the bank moved in the same direction as Wall Streets direction. Closer to home, this particular bank’s stock price strengthened to 53.66 up +0.69%.