Chase Bank has released their interest rate for the 30 year FRM which is made available today at the bank at 4.375% with an APR of 4.460%. Along with that, the 15 year FRM is also available today at 3.500% with an APR of 3.627%. Adjustable rates are also available through the 7 year adjustable rate mortgage that can be had at 3.750% with an APR of 3.385% and the 5 year ARM at 3.250% with an APR of 3.111%. Refinance rates are also made available today, starting with the 30 year refinance at 4.500% with an APR of 4.629%, followed by the 15 year refinance at 3.500% with an APR of 3.627%. Shorter term refinance are also on the books today. The 7 year refinance at 3.875% with an APR of 3.445% and the 5 year refinance at 3.625% with an APR of 3.244%
Moving on to US Bank Corp, the 30 year FRM at the bank is at 4.375% with an APR of 4.568%. FHA has theirs at 4.250% with an APR of 4.839%. Along with that, the 20 year FRM is available at 4.125 with an APR of 4.388%. Shorter term 15 year FRM is made accessible by the bank at 3.375% with an APR of 3.685%. FHA also released theirs at 3.500% with an APR of 4.205%. The much shorter term of 10 year FRM is announced by the bank to be at 3.750% with an APR of 3.750%. The flexible 5 year ARM is at 2.375% with an APR of 3.163%.
Last in this batch is the rates from Freddie Mac, the bank has released their 30 year FRM to be at 4.40%, Along with the 15 year FRM at 3.43%, followed by the 5 year ARM at 3.18%.
Today, Chase Bank and US Bank Corp is at a tie holding the lowest rate for the 30 year FRM at 4.375%, a little bit lower compared to Freddie Mac’s 4.40%
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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