JP Morgan Chase Bank is one of the premier institutions in the country which is known to offer exclusive home mortgage and refinance schemes to the potential home buyers who are looking to make their dreams come true. On Tuesday, September 2, 2014, the bank didn’t really chose to make any favorable or unfavorable changes to its benchmark fixed rate mortgage schemes. This is the major reason why the potential home loan shoppers looking to opt for a mortgage scheme might get a tad disappointed with the unchanged rates.
JP Morgan Chase Bank (NYSE:JPM) did offer its standard 30 year fixed rate mortgage schemes at an interest rate of 4.250% on Tuesday, September 2, 2014. These schemes did yield an annual percentage rate of 4.334% today. On the contrary, the 15 year fixed rate schemes were available for 3.500% interest rate in addition to an APR of 3.627% which is also similar to that of yesterday.
The 5 year adjustable rate mortgage options at JP Morgan Chase Bank stood at an interest rate of 3.750% interest rate in addition to an annual percentage rate of 3.262%. The 7 year ARMs on the other hand are listed at 3.625% presently with an annual percentage rate of 3.304% which is quite decent by all means.
The benchmark 30 year refinance fixed rate schemes at JP Morgan Chase bank stood at an interest rate of 4.125% interest rate and an annual percentage rate of 4.230%. On the other hand, the short term 15 year refinance fixed rate mortgage schemes were published at an interest rate of 3.375% and an APR of 3.520% as on Tuesday, September 2, 2014. The 5 year refinance ARMs are being listed at 3.125% interest rates with an additional APR of 3.050%. The 7 year adjustable rate mortgage schemes were published at 3.375% rate of interest presently with a starting APR of 3.175%.
According to the reports, Richmond police are looking for 2 males who had robbed the western side of the Chase Bank at around 12:30 pm this Saturday. Both the men fled the institutions at 2 NW 18th Street on bare foot. They were also seen by several people getting into a charcoal jeep. Both the suspects had their masks on while they entered the bank for robbing. They did take away an undetermined sum of money and the police are investigating the matter right now!
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.
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