Current Conventional and Refinance Mortgage Interest Rates at Chase Bank on May 22, 2014

Current Conventional and Refinance Mortgage Interest Rates at Chase Bank on May 22, 2014

With another trading week heading towards its end, the major US based mortgage lender, JP Morgan Chase Bank (NYSE: JPM) chose to stay firm and published unchanged benchmark 30 year fixed mortgage interest rates on May 22, 2014. The potential home buyers, who are planning on paying the local branch of Chase Bank a visit, will find no change in the standard home purchase and ideal refinancing home loan deals this Thursday.Moving along its regular lines, Chase bank quoted its standard, long term, 30 year fixed rate mortgage home loan deals at an interest rate of 4.125% and an annual percentage rate of 4.240% today. Alternatively, for the borrowers planning on heading down a shorter route for financing their realty investment, popular 15 year fixed rate mortgage home loan options would be ideal options at an interest rate of 3.375% and an annual return rate of 3.538% this Thursday.

In the flexible home loan section, the interested customers can spot the ideal 5 year adjustable rate mortgage home loan packages being listed against a starting interest rate of 3.375% and an annual return rate of 3.046% during the starting years of the home loan period. In the more flexible home loan arena, 7 year adjustable rate mortgage home loans are listed at an interest rate of 3.500% and are carrying an annual percentage rate of 3.176% on the principal amount of home loan taken from the bank.

As far as the refinancing home loan offerings are concerned, the bank quoted its popular 30 year fixed rate mortgage home loans at an interest rate of 4.250% and an annual percentage rate of 4.324% today. For the borrowers, who are planning on securing short term home refinancing loans, the lender is offering its 15 year fixed rate home loan options at a lending cost of 3.250% and an annual percentage yield of 3.431% this Thursday.

For the seekers of adjustable rate mortgage home loans, the bank is now offering the ideal 5 year refinancing deals at a starting interest price of 3.125% and an annual percentage yield of 2.948% on the basic amount of home loan secured from Chase Bank. In the more flexible home loan section, 7 year refinancing variable rate mortgage home loans can be locked in at an interest rate of 3.375% and an annual percentage return of 3.107% during the initial years of the home loan period.

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.