Current Mortgage Interest Rates Remain Steady at Chase Bank on June 24, 2014

Current Mortgage Interest Rates Remain Steady at Chase Bank on June 24, 2014

The benchmark 30 year fixed mortgage interest rates are holding firm at the major US based mortgage lender, JP Morgan Chase Bank (NYSE: JPM) on June 24, 2014, despite regular market changes and other economic factors. The potential home buyers, who are planning on financing their realty investment through Chase Bank, will find the standard home purchase and ideal refinancing home loans being traded at same interest rates as yesterday.As of now, the mortgage shoppers can lock in the standard, long term, 30 year fixed rate long term mortgage deals at an interest rate of 4.250% and an annual percentage rate of 4.324% today. In the short term home loan section, the interested customers can spot the 15 year fixed rate mortgage home loans being traded at an interest rate of 3.375% and being backed by an annual return rate of 3.502% today.

In the flexible home financing department, the bank attempts to deal with the needs of its interested customers by offering the 5 year adjustable rate mortgage loans at a starting interest rate of 3.500% and an APR yield of 3.100% during the starting years of the home loan period. The mortgage shoppers, who are seeking more variable interest rates, the 7 year adjustable rate mortgage plans would be ideal options at a lending rate of 3.625% and an APR yield of 3.225% on the principal amount of home loan acquired from the bank.

In the refinancing mortgage arena, the bank is now offering the popular 30 year fixed rate mortgage home loan options at an interest rate of 4.250% and an annual percentage yield of 4.313% today. In the short term lending section, interested borrowers can find the 15 year refinancing fixed rate mortgage packages being listed next to a lending rate of 3.250% and an annual return rate of 3.127% today.

When it comes to adjustable rate mortgage home loan offerings, the bank now publishes its 5 year refinancing home loans at a starting rate of 3.250% in its loan books, along with an annual percentage rate of 3.394% on the principal amount of home loan secured from the bank. The more flexible, 7 year refinancing adjustable rate mortgage options are coming out at a lending rate of 3.375% and are carrying an APR yield of 3.127% during the initial years of the home loan tenure.

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.