For the seekers of flexible home loan options, the bank is now offering its ideal 5 year adjustable rate mortgage home loans at a starting interest rate of 3.375% and an annual percentage return of 3.046% during the starting years of the home loan tenure. The more flexible, 7 year adjustable rate mortgage home loan plans can now be secured at an interest price of 3.500% and enjoyed along with an annual return rate of 3.176% on the principal amount of home loan secured from the bank.
For the mortgage shoppers, who are planning on refinancing their existing investments, the bank is now offering its popular 30 year fixed rate mortgage home loans at a lending rate of 4.250% and an APR yield of 4.324% this Monday. The short term, 15 year counterparts of the 30 year refinance fixed rate mortgage loans are now published against an interest rate of 3.250% and are carrying an annual return rate of 3.431%.
When it comes to the adjustable rate mortgage options, the potential borrowers can find the 5 year refinancing home loan deals being traded at an interest rate of 3.125% today and an annual percentage yield of 2.958% on the basic amount of home loan secured by the borrowers from JP Morgan Chase Bank. The more flexible, 7 year adjustable rate mortgage home loans can now be locked in at a starting interest rate of 3.375% and APR yield of 3.107% during the initial years of the home loan period.
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