Current Mortgage Interest Rates at Chase Bank on July 7, 2014

Current Mortgage Interest Rates at Chase Bank on July 7, 2014

The mortgage shoppers, who are planning on having their new home purchase or refinancing needs backed by ideal finances, will find no change in the lending rates charged by the topmost mortgage lender, JP Morgan Chase Bank (NYSE: JPM) on July 7, 2014. The benchmark 30 year fixed mortgage interest rates didn’t experience any pleasant or unpleasant movement on July 7, 2014.According to the most recent mortgage information released by the Chase Bank this Monday, the standard, long term, 30 year fixed mortgage home loans are coming out at the same interest rate of 4.375% and an annual percentage rate of 4.449%. The relatively shorter, 15 year fixed rate mortgage home loan deals are traded at the same interest rates of 3.375% and an annual percentage rate of 3.557% today.

For the mortgage shoppers, who are planning on securing more flexible home loans, can now opt for the best 5 year adjustable rate mortgage home loans, which are now traded at a starting interest rate of 3.750% and an APR yield of 3.179% on the principal amount of home loan taken from the bank. The more flexible, 7 year adjustable rate mortgage plans are now up for grabs at an interest rate of 3.750% and an APR yield of 3.285% during the initial years of home loan tenure.

In the standard refinancing home loan section, the interested mortgage shoppers can find the popular 30 year fixed rate mortgage home loans being listed at a lending rate of 4.375% and an APR yield of 4.439% today. For the borrowers, who are interested in acquiring the shorter and less expensive refinancing deals, the bank is now offering its best 15 year fixed rate mortgage home loan deals at a lending rate of 3.375% and an APR yield of 3.483% today.

When it comes to adjustable rate mortgage home loan deals, the bank is now offering its 5 year refinancing variable home loan rates at an interest rate of 3.250% and an APR yield of 3.012% during the starting years of home loan tenure. As far as more flexible home loan deals are concerned, the 7 year refinancing adjustable rate mortgage packages are now traded at an interest rate of 3.500% and are backed by an annual return rate of 3.176% on the principal amount of home loan sanctioned initially 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.