Chase Bank Published Mortgage Interest Rates at May 21, 2014

Chase Bank Published Mortgage Interest Rates at May 21, 2014

Mortgage shoppers, who are planning on securing ideal home purchase or standard refinancing deals from the major US based mortgage lender, JP Morgan Chase Bank (NYSE: JPM), will find no change in the lending rates on May 21, 2014. As of now, in the most up to date mortgage information released by the bank, the benchmark 30 year fixed mortgage interest rates are holding firm this Wednesday.As of now, for the borrowers interested in financing their realty investment through long term deals, the bank is offering 30 year fixed rate mortgage home loans at an interest rate of 4.125% and carrying an annual percentage rate of 4.240%. The short term, 15 year counterparts of the 30 year fixed rate mortgage loans are now coming out at a lending rate of 3.375% and an APR yield of 3.502% today.

In the flexible home loan department, the bank offers its best 5 year adjustable rate home loan packages at an interest rate of 3.375% and an annual return equal to 3.036% during the initial years of the home loan tenure. In the more flexible lending section, 7 year adjustable rate mortgage home loans can be locked in at an interest rate of 3.500% today and an APR yield of 3.166% on the principal amount of home loan secured from Chase Bank.

Shifting sights towards the refinancing section, the interested customers can find the popular 30 year refinancing fixed rate home loan options being listed at an interest rate of 4.250% and are backed by an APR yield of 4.313%. The relatively shorter, 15 year refinancing fixed rate mortgage options are now up for grabs, for the borrowers interested in walking down a shorter path, at an interest rate of 3.250%. The interested borrowers can enjoy these home loan deals along with an annual percentage yield of 3.413% today.

When it comes to the adjustable rate mortgage options, the borrowers can find the 5 year refinancing home loan packages being published in the bank’s books at an interest rate of 3.125% and being backed by annual return rate of 2.948% during the starting years of the home loan period. In the more flexible lending section, 7 year refinancing adjustable rate mortgage home loan deals can be secured at a starting interest rate of 3.750% and an annual percentage yield of 3.373% on the basic amount of home loan sanctioned by 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.

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About the author

Rob is a analyst and reporter covering stocks and business news.