Mortgage Interest Rates from Chase Bank, US Bank Corp and Freddie Mac (8/10/2013)

Mortgage Interest Rates from Chase Bank US Bank Corp and Freddie Mac 8-10-13Today, in Chase Bank’s books, the 30 year fixed rate mortgage is listed to be available from the bank and can be had at an interest rate of 4.375% with an APR of 4.439%. The shorter term 15 year FRM is also made available at 3.500% with an APR of 3.609%. More flexible rates like the 7 year adjustable rate mortgage are also made available at 3.750% with an APR of 3.385%, and the 5 year ARM at 3.250% with an APR of 3.121%. Refinance rates are also available at Chase Bank today starting from the 30 year refinance at 4.500% with an APR of 4.618%. The 15 year refinance is at 3.500% with an APR of 3.609%. For the much shorter refinance terms, the 7 year refinance is available at 4.000% with an APR of 3.505% and the 5 year refinance at 3.625% with an APR of 3.254%.

US Bank Corp also released their rates starting at the 30 year FRM offered at 4.250% with an APR of 4.463%. FHA has theirs at 4.125% with an APR of 4.707%. Another available term is the 20 year FRM at 4.125% with an APR of 4.388%. The shorter term of 15 year is offered at 3.375% with an APR of 3.685%. FHA has theirs at 3.625% with an APR of 4.332%. Much shorter term of 10 year FRM is at 3.125% with an APR of 3.624%. A flexible term of 5 year ARM is released at 2.375% with an APR of 3.163%.

 

Last today is Freddie Mac’s offer starting at the 30 year FRM at 4.40% followed by the 15 year FRM at 3.43%, next is the 5 year ARM at 3.19% and the 1 year ARM at 2.62%.

US Bank Corp holds today’s lowest rate for the 30 year FRM at 4.250% a rate lower than Chase Bank’s 4.375% and Freddie Mac’s 4.400%.

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.