Standard 30 year loan deals are listed at 3.750% at Chase Bank (NYSE:JPM) yielding an APR of 3.915% today. Shorter term, popular 15 year loan deals are 3.125% yielding an APR of 3.472% today.
5/1 ARM loans at Chase have been listed at 3.250% yielding an APR of 3.605% at present. The 7 year ARM loans have been offered at 3.500% with an APR of 3.684%.
Interest Rates for Refinance
The benchmark 30 year refinance fixed rate loan interest rates are listed at 3.750% at Chase and an APR of 3.853%. The shorter term, popular 15 year refi loan deals are being quoted at 3.000% at the bank today and an APR of 3.145%. The 5 year refinance Adjustable Rate Mortgages at Chase are being offered for 3.250%. with a starting APR of 3.493%. ARMs in the 7 year refinance category are coming out at 3.500% currently and APR of 3.581%.
Now the banks stock declined to 98.98 down -0.04.