The benchmark 30 year fixed rate mortgages are listed at 3.750% at Chase Bank (NYSE:JPM) and an APR of 3.915% today. Shorter term 15 year fixed rate loan interest rates are being offered for 3.125% yielding an APR of 3.472% today.
The 5 year ARM loans at Chase are coming out at 3.250% with an APR of 3.605%. ARM interest rates in the 7 year category have been listed at 3.500% currently with a starting APR of 3.684%.
Today’s Refinance Mortgage Rates
30 year refinance fixed rate loans stand at 3.750% at Chase and an APR of 3.853% today. The shorter term 15 year refinance fixed rate loans can be had for 3.000% today yielding an APR of 3.145%. The 5 year refinance ARM loans at Chase Bank stand at 3.250%. with an APR of 3.493%. The 7/1 ARM deals start at 3.500% currently yielding an APR of 3.581% to start.
Independent of mortgage rates, the banks stock price waned to 98.98 down -0.04%.
BMO Harris Bank
30 year FRMs at BMO Harris Bank are being offered for 3.750% today yielding an APR of 4.005%. The short term 15 year fixed rate loans are published at 3.250% and an APR of 3.589%.
10 year fixed rate loans have been offered at 3.125% with an APR of 3.614% today. 20 year loans at the bank are 3.500% and an APR of 3.882% today.
3 year ARM loans have been listed at 2.875% currently with an APR of 4.060%. The 5 year ARM loans at Harris Bank start at 3.000% with an APR of 3.954%. 7 year ARM interest rates have been quoted at 3.375% today yielding an APR of 4.002%. 10 year Adjustable Rate Mortgages are coming out at 3.500% and an APR of 3.971%.
Also in the market, this particular bank’s stock price gained ground to 77.61 up +0.35%.