Current Mortgage Interest Rates Quoted by Chase Bank on June 17, 2014

Current Mortgage Interest Rates Quoted by Chase Bank on June 17, 2014As per the new mortgage home loan charts issued by the leading US based mortgage lender, JP Morgan Chase Bank (NYSE: JPM), the benchmark 30 year fixed mortgage interest rates are holding firm on June 17, 2014. The mortgage shoppers, who are planning on visiting the local branches of Chase bank today, in search of new home purchase or refinancing home loan options, will find them listed at the same interest rates as yesterday.

To start with, in the standard, long term home loan section, the interested borrowers will find the 30 year fixed rate home loan plans being traded at an interest rate of 4.250% and being backed by an annual percentage rate of 4.366% this Tuesday. In the short term lending division, the US based lender is now offering 15 year fixed rate mortgage home loan options at an interest rate of 3.375% and an annual percentage yield of 3.538% on the second day of a new trading week.In the variable rate home loan division, Chase bank now quotes its best 5 year adjustable rate mortgage home loan deals at an interest rate of 3.625% and an annual return rate of 3.145% during the starting years of the home loan tenure. The more flexible, 7 year adjustable rate mortgage home loan options are now being advertised at an interest rate of 3.625% and an annual percentage yield of 3.246% on the initial amount of home loan secured from the bank.

Heading towards the refinancing home loan section, the interested borrowers can now spot the popular 30 year fixed rate mortgage home loan plans being offered by the bank at an interest rate of 4.375% and an annual return rate of 4.439% today. The relatively shorter, 15 year counterparts of the 30 year refinancing fixed rate home loan options are now up for grabs at an interest rate of 3.375% and an annual percentage yield of 3.117% today.

As far as the adjustable rate mortgage options are concerned, the borrowers can spot the 5 year refinancing home loan schemes being traded at an interest rate of 3.375% and carrying an annual return rate of 3.006% on the principal amount of home loan sanctioned by the bank. The more flexible, 7 year refinancing adjustable rate mortgage home loan packages are now coming out at a lending rate of 3.750% and an annual percentage yield of 3.373% 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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Rob is a analyst and reporter covering stocks and business news.