Chase Bank has released their version of the daily interest rates including the bank’s quote for the 30 year fixed rate mortgage that is made available at the bank and can be had at 4.375% with an APR of 4.492%. Next on the list is the 15 year FRM at 3.500% with an APR of 3.664%. Adjustable rates are also available starting with the 7 year adjustable rate mortgage at 3.875% with an APR of 3.455%, followed by the 5 year ARM quote of the bank at 3.375% with an APR of 3.154%. Refinance rates are also made available today and is started by the quote for the 30 year refinance at 4.625% with an APR of 4.700%, closely followed by the 15 year refinance at 3.500% with an APR of 3.664%. The adjustable rate that were made available also has refinance terms, the 7 year refinance is offered at 4.125% with an APR of 3.565%, while the 5 year refinance is offered at 3.750% with an APR 3.288%.
Moving on to the released rates of US Bank Corp, the 30 year FRM is currently quoted at 4.250% with an APR of 4.442%. FHA released their version at 4.000% with an APR of 4.577%. Next offer of the bank is for the 15 year FRM which can be had at 3.375% with an APR of 3.648%. FHA also released theirs at 3.500% with an APR of 4.205%. The shorter term 10 year FRM is also available at 3.125% with an APR of 3.597%. Last is the 5 year ARM of the bank at 2.375% with an APR of 3.163%.
Freddie Mac is the last bank in this batch, the bank has released their version of the 30 year FRM at 4.40%, followed by the 15 year FRM at 3.43%. The adjustable rate of 5 year ARM is at 3.19% and the 1 year ARM is at 2.62%.
US Bank Corp holds today’s lowest rate for the 30 year FRM at 4.250%.
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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