As far as the adjustable rate mortgage options are considered, Chase Bank now offers its best 5 year variable rate home loan deals at an interest rate of 3.500% and an annual percentage yield of 3.090% on the principal amount of home loan sanctioned by the bank. On the other hand, the more flexible, 7 year adjustable rate mortgage deals are coming out at an interest rate of 3.500% and are backed by an APR yield of 3.187% during the starting years of the home loan period.
Heading towards the refinancing arena, the popular 30 year fixed rate mortgage schemes can be seen published at an interest rate of 4.250% and being backed an annual percentage rate of 4.356% this Tuesday. Alternatively, the relatively shorter, 15 yea counterparts of the refinancing fixed rate mortgage home loans can be secured at an interest rate of 3.500% today and an annual return rate of 3.609% to begin with.
For the seekers of more flexibility in terms of interest rates, Chase bank offers its exclusive 5 year refinancing adjustable rate mortgage loans at a starting interest rate of 3.250% and an annual percentage rate of 2.992% during the beginning years of the loan period. However, the more flexible, 7 year refinancing adjustable rate home loan packages can be seen listed at an interest rate of 3.375% and carrying an APR yield of 3.117% on the basic amount of home loan offered by the bank.
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