Mortgage Rates Today: Competitive Deals at Chase Bank
Chase Bank (NYSE:JPM) has continued the trend of yesterday by offering a wide range of highly competitive mortgage deals, which may be somewhat on the up from those seen during the course of last week but are still around record lows across the board.
For those interested in making a new home purchase, Chase is today offering 30 year fixed term deals for 4.000% with an APR of 4.062%, while the popular 15 year option can be taken out for 3.375% with a resulting APR of 3.502%.
The 7/1 ARM option for purchase today rests at 2.750% with an APR of 3.019%, while the 5/1 ARM option is at 2.375% with an APR of 3.019%.
Refinancing deals are also remaining highly competitive, with 30 year fixed term deals being offered at 4.500% with an APR of 4.596%, while those looking for a 15 year fixed term deal can find them for 4.000% with an APR of 4.166%
The 7/1 ARM for refinance is at 3.000% to start, while the 5/1 ARM is today being offered for 2.750% to begin.
While home prices and mortgage rates on average have seen slight increases this week when compared to previous weeks, there is are still abundant excellent products and packages around with the potential to save millions huge sums of money on their current terms.
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