Mortgage Rates Today: Chase Bank Offering Mixed Bag of Excellent Deals
Chase Bank (NYSE:JPM) has been offering some of the most competitive deals on mortgage products around this week, with Thursday being no exception. As it stands, today sees Chase providing a variety of products that are in some cases not only below the national average, but below those of competing brands across the board.
For those looking to purchase a new or used home with the help of Chase Bank, 30 year fixed term deals are allowing borrowers to lock in rates of 4.000% today with an APR of 4.083%, while the 15 year alternative fixed rate deal is being offered for 3.375% with a resulting APR of 3.483%.
7/1 ARM terms for purchases are being offered for 2.625% with a starting APR of 2.984%, while the 5/1 ARM alternative can be taken out for an introductory rate of 2.250% with an APR of 2.921%.
Refinances are also looking excellent across the board, with 30 year fixed term deals being offered by Chase for 4.500% which amounts to an APR of 4.585%, while the 15 year alternative fixed rate deal is today at 3.875% with an APR of 4.041%.
7/1 ARM refinance packages are being offered for 2.875% with an APR of 3.088%, while the 5/1 ARM option is today being made available for 2.500% with an APR of 2.997%.
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