Mortgage rates have moved higher this week at JPMorgan Chase. The lender advertises the 30-year fixed purchase loan at 4.000% today with an APR of 4.062%. The shorter-term 15-year fixed loan is quoted with a higher interest rate of 3.250% and a 3.376% APR.
ARM Rates at Chase
Chase offers adjustable rate loans for buyers who want more flexibility with the lowest rate possible. A 5/1 adjustable rate mortgage is published today at 3.000% for the first five years with an APR of 2.904% to start. The 7/1 ARM is quoted at 3.250% today for the first seven years with a 3.049% starting APR.
Refinance Rates at Chase
Refi rates are quoted higher than purchase rates at Chase on Thursday. The standard 30-year fixed refinance loan is published at 4.125% with a 4.188% APR. The shorter-term 15-year fixed refi is quoted at 3.250% with a 3.431%.
Homeowners can lock into a 5/1 refinance ARM today at 3.000% for the first 5 years with a starting APR of 2.924%. The 7/1 adjustable rate refinance is published with an interest rate of 3.250% for the first seven years with a 3.079% starting APR.
Disclaimer: The advertised rates were submitted by each individual lender/broker on the date indicated. Rate/APR terms offered by advertisers may differ from those listed above based on the creditworthiness of the borrower and other differences between an individual loan and the loan criteria used for the quotes.
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