According to the latest mortgage publications, the benchmark 30 year fixed mortgage interest rates remain flat on December 3, 2013 at the JP Morgan Chase Bank (NYSE: JPM). The potential home buyers heading towards the local branches of JP Morgan Chase Bank will find the fresh purchase loans and refinancing deals being quoted at the same interest rates as yesterday.
Today, the interested customers can acquire the standard 30 year fixed rate mortgage loans at an interest charge of 4.500% and an APR yield of 4.607%. On the shorter end, the borrowers can find 15 year fixed rate mortgage deals being advertised at against an interest charge of 3.625% and an annual percentage rate of 3.789% to start with.
In the ARM division, the home buyers can find the 5 year adjustable rate mortgage options listed at an interest rate of 3.250%, carrying an APR yield of 3.094%. However, the more flexible, 7 year financing options can be had at an interest rate of 3.625% and an annual percentage yield of 3.304%.
The overall interest picture in the refinancing department at JP Morgan Chase Bank is also the same. The best 30 year refinancing fixed rate mortgage deals still stand listed at an interest charge of 4.500% today and carry an APR yield of 4.596%. The relatively shorter, 15 year refinancing fixed rate loans can be procured by those who are ready to bear in interest burden of 3.500% and an APR yield of 3.664%.
Heading towards the refinancing division, the interested customers will find 5 year refinancing adjustable rate mortgages still published at a rate of 3.125% in the bank’s books, along with an APR yield of 3.050%. However, the 7 year refinancing ARM deals can be had at a rate of 3.500% and an APR yield of 3.244%.
Lately, it seems that the US banks have become the favorite playground of the thieves. Yesterday, in another heist, an unarmed robber entered the Euclid Ave branch of Chase Bank in Palatine and made off with an unidentified amount of money.
The robbery took place in the afternoon, at around 3 pm and the FBI has classified the incident as a takeover robbery. According to the CCTV footage, the robber has been identified as a 5 foot 9-10 inch black male, wearing white gloves and a black hooded jacket.
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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