Chase Bank ‘s Mortgage Interest Rates on May 26, 2014

Chase Bank 's Mortgage Interest Rates on May 26, 2014

Moving along the same course, one of the top US based mortgage lenders, JP Morgan Chase Bank (NYSE: JPM), published unchanged benchmark 30 year fixed mortgage interest rates on May 26, 2014. The potential home buyers, who are planning on paying the local branch of Chase Bank a visit today, in search of standard home purchase and ideal refinancing home loan deals, will find no change in the interest rates as compared to yesterday.

According to the most recent mortgage information released by the bank today, the standard, long term, 30 year fixed rate mortgage home loans are being advertised at an interest price of 4.125% and an annual percentage rate of 4.219%. The relatively shorter, 15 year fixed rate mortgage home loans are now coming out at an interest rate of 3.375% and are carrying an annual return rate of 3.502% this Monday.

Heading towards the flexible home financing section, the interested customers can spot the 5 year adjustable rate mortgage deals coming out at an interest rate of 3.375% and carrying an annual return rate of 3.056% during the initial years of the home loan tenure period. For the seekers of more flexible lending options, the 7 year adjustable rate mortgage plans are coming out at an interest price of 3.500% and an annual percentage yield of 3.176% on the principal amount of home loan taken from the bank.

In the refinancing section, the bank is now offering its popular 30 year fixed rate mortgage home loans at an interest rate of 4.250% and an APR yield of 4.302%. For the borrowers, who are interested in boarding the shorter route towards home refinancing, 15 year fixed rate mortgage home loans would be the best options at an interest rate of 3.250% and an annual return rate of 3.394% this Monday.

For the seekers of flexible home loan rates, the bank is now offering its best, 5 year refinancing adjustable rate mortgage home loan deals at a starting interest cost of 3.125% and an annual return yield of 2.958% during the starting years of the home loan tenure period. The admirers of more flexible lending rates can spot the 7 year refinancing adjustable rate mortgage home loans being up for grabs at an interest charge of 3.375% and carrying an annual return rate of 3.107% on the basic amount of loan sanctioned by JP Morgan Chase 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.

For comments and suggestions, leave a message in the comments section below. Like and Follow our Facebook page for more stories and to stay up-to-date with the latest happenings.

About the author

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