Current Chase Mortgage Rates Flat for Columbus Day

Current Chase Mortgage Rates Flat for Columbus DayMortgage rates are largely unchanged at JPMorgan Chase on Monday, October 13, 2014. Chase advertises the benchmark 30-year fixed rate mortgage at 3.875% with an APR of 3.957%. The popular 15-year fixed loan offers a lower interest rate of 3.250% with an APR of 3.376%.

Buyers can lock into a 5/1 adjustable rate mortgage with an interest rate of 3.125% for the first five years and a corresponding APR of 3.030%. A 7/1 ARM is quoted at the same 3.125% for the first seven years for greater predictability with a slightly higher APR of 3.079% to start.

Today’s Chase Refinance Rates

Homeowners can lock into a new loan at a lower interest rate with Chase today. The most popular 30-year fixed refi loan is quoted at a competitive 4.000% with an APR of 4.115%. Homeowners who have a smaller remaining loan balance or those who want to save more on interest can lock into a 15-year refinance loan at 3.250% with an APR of 3.431%.

Homeowners can also opt for an adjustable rate refinance for more flexibility. Chase advertises the popular 5/1 ARM refinance loan at 3.125% for the first five years with an APR of 3.050% to start. A 7/1 ARM offers more predictability with an interest rate of 3.250% for the first seven years and an APR of 3.137% to start.

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.