The 30 year fixed rate mortgage at Chase Bank today is made available at an interest rate of 4.500% with an annual percentage rate of 4.596%. Adding more to the information, the 15 year FRM is also made available at the bank today at 3.750% with an APR of 3.934%. In contrast to this category, the flexible terms are also available today at Chase Bank starting with the 7 year adjustable rate mortgage is at 4.250% with an APR of 3.625% and ending with the 5 year ARM that can be had at 3.750% with an APR of 3.389%.
US Bank Corp also released their rate for the 30 year FRM which is on the books today at 4.375% with an APR of 4.612%. FHA has theirs at 4.375% with an APR of 4.879%. In contrast to this, the 15 year FRM is also made available today at the bank at an interest rate of 3.375% with an APR 3.722%. Next is the 10 year FRM that can be availed today at 3.125% with an APR of 3.677%. Also made available today is the 5 year ARM at 2.375% with an APR of 3.163%.
The third bank today is Freddie Mac, their offer for the 30 year FRM is announced today at 4.390% with an APR of 4.574%%. The shorter 15 year FRM is also available at 3.430% with an APR of 3.673%. Adjustable and more flexible terms are also on the books today starting with the 5 year ARM at 3.18 followed by the 1 year ARM at 2.64%. Moving on to the refinance terms that are accessible at the bank today starting with the 30 year refinance at 4.625% with an APR of 4.770% and the 15 year refinance at 3.500% with an APR of 3.812%.
US Bank Corp holds the lowest rate for the 30 year FRM at 4.390% compared to the 4.500% and 4.390% of Chase Bank and Freddie Mac’s.
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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