Daily Mortgage Interest Rates at Chase Bank – June 23, 2014

Daily Mortgage Interest Rates at Chase Bank - June 23, 2014

Moving along the same lines, the top US based mortgage lender, JP Morgan Chase Bank (NYSE: JPM), decided to make no pleasant or unpleasant alterations in the benchmark 30 year fixed mortgage interest rates on June 23, 2014. The qualified borrowers, who are planning on securing standard new home purchase or refinancing home loan deals from Chase Bank today, will find the ideal financing packages being traded at the same mortgage rates as last week.To start with, in the standard, long term mortgage financing section, the potential home buyers can now spot the 30 year fixed rate mortgage home loan deals being traded at an interest price of 4.250% and carrying an annual return rate of 4.345% this Monday. For the borrowers, who are interested in securing shorter and less expensive mortgage deals, can now lock in the 15 year fixed rate mortgage home loans, which are traded at an interest rate of 3.375% and an annual return rate of 3.520% today.

For the borrowers, who are looking forward to secure loans at more flexible interest rates, the bank is now offering its best 5 year adjustable rate mortgage home loans deals at a starting interest rate of 3.500% and an APR yield of 3.100% on the principal amount of home loan taken from the bank. The seekers of more flexible lending rates can opt for the 7 year adjustable rate mortgage plans, which are now listed in the bank’s books at an interest rate of 3.625% and an APR yield of 3.225% during the starting years of the home loan tenure.

In the refinancing home loan section, the potential home loan shoppers can now secure the popular 30 year fixed rate mortgage home loan deals by bearing an interest price of 4.250% and agreeing to an annual return rate of 4.334% today. In the short term refinancing section, the customers can now find 15 year counterparts of the 30 year refinancing fixed rate mortgage deals being traded at an interest rate of 3.250% and carrying an APR yield of 3.431%.

As far as the adjustable rate mortgage home loans are concerned, the interested borrowers can now spot the 5 year refinancing deals being traded at a starting rate of 3.250% and an APR yield of 2.992% today. In the more flexible lending section, 7 year refinancing adjustable rate mortgage home loans can be locked in at an interest rate of 3.375% and an APR yield of 3.127% to start with.

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.

For comments and suggestions, leave a message in the comments section below. Like and Follow our Facebook page for more stories and to stay up-to-date with the latest happenings.

About the author

Rob is a analyst and reporter covering stocks and business news.