30 year loans at Quicken Loans have been published at 4.125% yielding an APR of 4.335% today. The short term, popular 15 year loan deals have been quoted at 3.125% yielding an APR of 3.543%.
The 5 year ARMs at Quicken are being quoted at 2.875% with an APR of 3.007%.
Now on to Refinance Mortgage Rates
Standard 30 year refinance fixed rate mortgage interest rates are coming out at 4.125% at Quicken yielding an APR of 4.335% today. Shorter term 15 year refi FRM interest rates have been quoted at 3.125% carrying an APR of 3.543%. 5/1 Adjustable Rate Mortgages at Quicken Loans are being quoted at 2.875%. and the APR is 3.007%.
The benchmark 30 year fixed rate loans are on the books at 4.125% at Chase Bank (NYSE:JPM) and APR of 4.209%. 15 year loan deals have been offered at 3.250% at the bank and an APR of 3.431% today.
As far as ARMs go, 5 year deals at Chase Bank are coming out at 3.375% with a starting APR of 3.046%. The 7 year ARM loans are available starting at 3.500% currently carrying an APR of 3.166%.
Refinance Mortgage Interest Rates
30 year refinance loan deals at Chase Bank start at 4.125% yielding an APR of 4.219%. The shorter term, popular 15 year refinance loans are on the books at 3.250% at the bank and APR of 3.376% today. In the ARM arena, 5 year refinance loans stand at 3.125% at Chase Bank. and APR of 2.958%. 7 year refi ARMs are 3.250% today showing an APR of 3.079%.