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Better Mortgage Rates at Chase for Thursday October 2

Better Mortgage Rates at Chase for Thursday October 2

Business

Better Mortgage Rates at Chase for Thursday October 2

Better Mortgage Rates at Chase for Thursday October 2Rates have dropped today for many popular mortgage products at Chase. A standard 30-year fixed rate mortgage is quoted at 4.125% with an APR of 4.188%. The best rate for a 15-year fixed loan has dropped to 3.250% with an APR of 3.431%.

Rates have also dropped for adjustable rate loans. The best rate Chase advertises for a 5/1 adjustable rate mortgage is 3.125% for five years with an APR of 3.050%, while a 7/1 ARM is published at 3.250% for seven years with an APR of 3.147%.

Chase has also lowered rates for popular refinance loans. A 30-year refinance mortgage rate is quoted at 4.250% with a corresponding APR of 4.302%. A 15-year refi loan is published at 3.375% with an APR of 3.538%. Homeowners can lock into a 5/1 adjustable rate mortgage today as low as 3.250% with an APR of 3.074%. A 7/1 refinance ARM is published at 3.375% for seven years with an APR of 3.185%.

Chase mortgage rates today assume a well-qualified borrower with a 20% down payment financing a single-family home. Visit the JPMorgan Chase website for a customized mortgage quote.

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.

About Stephany Wilson

Stephany Wilson covers business and finance related news.

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