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Current Mortgage Home Loan Rates at Chase Bank (March 25, 2014)

Current Mortgage Home Loan Rates at Chase Bank (March 25, 2014)

Business

Current Mortgage Home Loan Rates at Chase Bank (March 25, 2014)

For the second day in a row this week, the benchmark 30 year fixed mortgage interest rates at the leading US based mortgage lender, JP Morgan Chase Bank (NYSE: JPM), are holding firm and haven’t changed a bit. Moving along the same lines, the bank published its home purchase and refinancing loan packages at the same interest rates today, thereby not affected the demand of its loan products in the market.

According to the new mortgage information made public by the bank today, the standard, long term, 30 year fixed rate mortgage home loan deals are being traded at a lending rate of 4.500% and are carrying an annual percentage rate of 4.607%. However, for the borrowers who are keen on heading down the shorter lane, the bank is offering its best, 15 year fixed rate mortgage home loan plans at an interest rate of 3.750% and an APR yield of 3.897% today.

With regards to the variable interest financing deals, the bank is currently charging an interest price of 3.625% from, and offering an annual return rate of 3.145% to, the borrowers, who are interested in locking in the ideal 5 year adjustable rate mortgage home loans today. Alternatively, the more flexible, the 7 year adjustable rate mortgage home loan plans can be locked in at an interest rate of 3.750% and an APR yield of 3.295%.

When it comes to the refinancing mortgage options, the bank publishes its popular 30 year fixed rate mortgage loan schemes in the loan portfolio against a lending charge of 4.500% and an APR yield of 4.618% today. On the other hand, for those the mortgage shoppers, who are interested in going with the short term home refinancing options, the 15 year fixed rate mortgage home loans would be a perfect option at an interest rate of 3.625% and an APR yield of 3.753% this Tuesday.

As far as the flexible home loan division is concerned, the mortgage borrowers, with variable interest needs, can spot the 5 year refinancing adjustable rate mortgage loan packages being advertised at a starting interest rate of 3.375% and an APR yield of 3.036% to begin with. Alternatively, the seeker of more flexible home loan deals can spot the ideal, 7 year refinancing adjustable rate mortgage deals being published against an interest rate of 3.500% today and carrying an annual percentage rate of 3.197% on the basic amount of home loan acquired from the bank.

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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