The benchmark 30 year fixed rate mortgage interest rates at Chase Bank (NYSE:JPM) are available starting at 4.375% today carrying an APR of 4.503%. The shorter term, popular 15 year fixed rate mortgages are being quoted at 3.625% and APR of 3.753% today.
In the ARM arena, 5 year interest rates at Chase have been offered at 3.375% yielding an APR of 3.046% to start. 7 year ARMs are listed at 3.500% today with an APR of 3.197%.
The benchmark 30 year refinance fixed rate mortgages are being offered for 4.375% at Chase yielding an APR of 4.503%. The short term, popular 15 year refinance fixed rate loan interest rates are available starting at 3.500% carrying an APR of 3.627% today. 5 year refinance Adjustable Rate Mortgages at Chase Bank have been published at 3.125%. and an APR of 2.968%. 7 year refi ARM interest rates are on the books at 3.375% today and APR of 3.138%.
From the finance side
Big bank mortgage rates often rise and fall because of a set of mortgage related securities that go up and down with the stock market. Security markets lowered by the end of trading today with the DJIA at 15,337.70 up -0.73%.
This time the bank parted ways with the day’s trading results today. Specifically, Chase’s own stock price improved to 53.66 up +0.69%.