In the ARM arena, 5 year interest rates at Chase Bank have been offered at 3.250% showing an APR of 3.094%. 7/1 ARM interest rates are published at 3.500% today showing an APR of 3.244%.
Refinance Mortgage Loans
The benchmark 30 year refinance loan deals at Chase Bank start at 4.375% today with an APR of 4.460%. The short term, popular 15 year refinance fixed rate loan interest rates at the bank are available starting at 3.500% with an APR of 3.609%. The 5/1 Adjustable Rate Mortgages are being offered for 3.125% at Chase Bank. carrying an APR of 3.050%. The 7/1 Adjustable Rate Mortgages are published at 3.375% currently and an APR of 3.206%.
Related Market News
All the mortgage interest rates are sometimes impacted by mortgage backed securities that are dependent on the stock market. Stocks waned by market close with the DJIA at 15,337.70 up -0.73%.
As expected Chase Bank moved along with the days closing results. On the topic of stocks, this particular bank’s stock moved higher to 53.66 up +0.37.