Current Mortgage Rates of Chase Bank, US Bank Corp and Freddie Mac (7/25/13)

Current Mortgage rates of Chase Bank US Bank Corp and Freddie MacStarting today’s rate is the 30 year fixed rate mortgage of Chase Bank at 4.250% resulting to an annual percentage rate of 4.345%. For their much shorter term, they offer their 15 year FRM at 3.500% with an APR of 3.609%. They also have an even shorter term of adjustable rate mortgage for 7 years; the rate for that term is 3.375% having with it an APR of 3.226%. They also have ARM for 5 years; it can be had at 3.250% with an APR of 3.121%. Chase Bank also offer 30 year refinance at 4.500% with an APR of 4.607%. They also have refinance for 15 years; it can be had at 3.500% with its equivalent of 3.609%.

For US Bank Corp, they presented their 30 year FRM today at 4.500% having a corresponding 4.739% for APR. While their 15 year FRM is at 3.500% with an APR of 3.830%. They also offer 10 year FRMs at 3.375% with an equivalent APR of 3.903%. For US Bank Corp’s ARM, they have rates for 5 years which is at 2.500% and an APR of 3.287%


Looking at Freddie Mac’s 30 year FRM, it is unchanged at 4.370%. As well as their 15 year FRM, this is still at 3.410%. While their rate for their much shorter term of adjustable rate mortgage for 5 years is at 3.170%.

When the rates of all these three banks are compared, it can be seen that Chase Bank offers the lowest rate for the 30 year FRM. The offer theirs at 4.250%, while US Bank Corp and Freddie Mac offers theirs at 4.500% and 4.370% respectively. For the 15 year FRM, Freddie Mac’s rate of 3.410% proves to be the lowest, compared to Chase Bank’s and US Bank Corp’s 3.500%.

Disclaimer: The rates quoted above are basically the average advertised by a particular lending company. No guarantee of taken from the lender’ aspect whether the borrower will qualify for the mortgage rates mentioned in the article. The lenders dole out interest depending upon various facets, some of which may be unique to the borrower.

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About the author

Rob is a analyst and reporter covering stocks and business news.