The benchmark 30 year FRM interest rates at Commerce Bank are on the books at 4.000% carrying an APR of 4.103% today. The short term 15 year loan deals at the bank are published at 3.500% with an APR of 3.643%.
10 year loan deals are 3.375% at the bank today with an APR of 3.581%. The best 20 year fixed rate mortgage interest rates have been published at 3.875% at the bank and APR of 4.017% today.
The 5/1 ARM interest rates at Commerce are being quoted at 3.125% and the APR is 4.027%. 7 year ARMs start at 3.375% with an APR of 4.003%.
More specifically, the banks stock price gained ground to 56.77 up +0.53%.
The benchmark 30 year FRMs at Chase Bank (NYSE:JPM) are 3.750% today with an APR of 3.915%. Popular 15 year FRMs are available starting at 3.125% with an APR of 3.472% today.
5 year ARMs at Chase Bank have been published at 3.250% yielding an APR of 3.605% at present. 7/1 Adjustable Rate Mortgages are published at 3.500% currently with a starting APR of 3.684%.
How much is it to refinance?
The benchmark 30 year refinance loans are coming out at 3.750% at Chase Bank today carrying an APR of 3.853%. Shorter term 15 year refi loans are on the books at 3.000% today yielding an APR of 3.145%. ARMs in the 5 year refi category are listed at 3.250% at Chase Bank. with an APR of 3.493%. 7/1 ARM interest rates are on the books at 3.500% today with an APR of 3.581%.
Drilling down a bit, Chase Bank’s own stock ticker declined to 98.98 down -0.04%.