Mortgage interest rates remain largely unchanged on Monday, November 3. The benchmark 30-year fixed-rate mortgage is published at 4.000% today with an APR of 4.072%. JPMorgan Chase advertises the shorter-term 15-year mortgage at 3.250% with an APR of 3.413%.
For buyers looking for more flexibility and the lowest possible rate, Chase offers the 5/1 adjustable rate mortgage at 3.000% for the first five years with an APR of 2.924% to start. The 7/1 LIBOR ARM is quoted at 3.250% for the first seven years with an APR of 3.059%.
Chase Refinance Rates
Refinance rates have moved up slightly at Chase and remain higher than purchase rates. Homeowners can lock into a standard 30-year refinance loan at 4.125% today with an APR of 4.198%. The more popular 15-year fixed refi loan is quoted at 3.375% with a 3.502% APR. Homeowners can enjoy greater flexibility and the lowest possible mortgage rates at Chase with an adjustable rate refinance. The 5/1 refi ARM is quoted at 3.125% today for the first five years with a starting APR of 2.958%. The 7/1 adjustable rate refinance loan is published at a higher 3.375% interest rate that is locked for seven years with a starting APR of 3.118%.
Disclaimer: The advertised rates were submitted by each individual lender/broker on the date indicated. Rate/APR terms offered by advertisers may differ from those listed above based on the creditworthiness of the borrower and other differences between an individual loan and the loan criteria used for the quotes.