Chase Bank had released today their share of interest rates for mortgage deals that is led by the 30 year fixed rate mortgage. The said 30 year FRM can be had at the bank today at an interest rate of 4.500% with an APR of 4.585%. Also available is the shorter 15 year FRM that can be had at 3.750% with an APR of 3.897%. For those looking for more flexible and much shorter terms, the 7 year adjustable rate mortgage is available at 4.250% with an APR of 6.630%; another is the 5 year ARM that can be had at 3.750% with an APR of 3.293%.
Next in the list are US Bank Corp’s quotes. The 30 year FRM is made available today at the bank at an interest rate of 4.375% with an APR of 4.590%. FHA’s version is also released today at 4.375% with an APR of 4.879%. The 15 year FRM is also made available at the bank today at an interest rate of 3.375% with an APR of 3.741%. FHA has theirs at 3.750% with an APR of 4.312%. The shorter term 10 year FRM can be had today at 3.125% with an APR of 3.704%. Last is the adjustable term of 5 year ARM available at 2.375% with an equivalent APR of 3.163%.
Freddie Mac still announced their rate today even if not one bit has changed from yesterday, the 30 year FRM is still at 4.390% with an APR of 4.574%. The 15 year at 3.430% with an APR of 3.673%. The rate for the 5 year ARM sits still at 3.180%. The refinance terms have also remained the same, the 30 year refinance is at 4.625% with an APR of 4.770%, while the 15 year refinance can still be had at 3.500% with an APR of 3.812%.
US Bank Corp holds the lowest 30 year FRM rate today at 4.375% compared to Chase Bank’s 4.500% and Freddie Mac’s 4.390%.
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.
For comments and suggestions, leave a message in the comments section below. Like and Follow our Facebook page for more stories and to stay up-to-date with the latest happenings.