ARMs in the 5 year category at Chase start at 3.250% showing an APR of 3.084%. The 7/1 Adjustable Rate Mortgage interest rates are available starting at 3.500% currently with an APR of 3.234%.
Now on to Refinance Mortgage Rates
The best 30 year refinance FRMs at Chase have been published at 4.375% and APR of 4.439%. The shorter term, popular 15 year refinance loans have been quoted at 3.500% at the bank and an APR of 3.609%. 5/1 Adjustable Rate Mortgages at Chase Bank have been listed at 3.125%. with an APR of 3.040%. The 7/1 ARM loans are coming out at 3.375% yielding an APR of 3.195%.
Related Market News
Rates you see often vary because of mortgage financial instruments which are traded in the stock market. Stocks lowered in trading today to leave the DOW at 15,337.70.
Mortgage rates at the bank did not move along with the day’s market results today. Separately, Chase’s own stock rose to 53.66 up +0.37.