Mortgage interest rates have shown some movement at JPMorgan Chase on Monday, October 20, with many published rates moving up. The benchmark 30-year fixed rate mortgage today is quoted at 3.875% with an APR of 3.937%. The shorter-term 15-year fixed loan is quoted at 3.000% today with a 3.180% APR.
For greater flexibility, Chase offers the popular 5/1 adjustable rate mortgage with an interest rate of 3.000% locked for five years with an APR of 2.914%. A 7/1 ARM is advertised today with a 3.125% interest rate for the first five years and a 2.991% APR to start.
Chase Refinance Rates
Refinance interest rates have also moved up at Chase on Monday. The standard 30-year refi loan is quoted at 4.000% with an APR of 4.093%. The shorter-term 15-year fixed refinance loan is published with a rate of 3.125% and a 3.287% APR.
Homeowners can lock into an adjustable rate mortgage to enjoy greater savings and flexibility. A 5/1 refi ARM is published with an interest rate of 3.125% locked for the first five years with a starting APR of 2.948%. Chase advertises a 7/1 adjustable rate refinance at a higher 3.250% today for the first seven years with a starting APR of 3.049%.
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.