Home mortgage interest rates at JP Morgan Chase Bank on Wednesday, September 3, 2014

Home mortgage interest rates at JP Morgan Chase Bank on Wednesday, September 3, 2014The home mortgage rates at JP Morgan Chase Bank didn’t experience any kind of positive or negative changes as on Wednesday, September 3, 2014. The bank is known to offer some high end mortgage schemes to the potential home loan shoppers who are in search of some funds to buy their dream house. However, today the home mortgage shoppers might get a bit  disappointed because there were no major changes in the interest rates of the standard fixed rate mortgage schemes at the bank.

The standard 30 year fixed rate mortgage rates at JP Morgan Chase Bank (NYSE:JPM) did stand at an interest rate of 4.250% and an annual percentage rate of 4.334%. The short term 15 year home mortgage schemes at Chase bank stood at 3.500% rate of interest in addition to an APR of 3.627% as on Wednesday, September 3, 2014. The interest rates for 15 year schemes too remained unchanged today.

The bank even offers flexible schemes like adjustable rate mortgage options to the customers who are looking for flexible loans. The 5 year ARMs at Chase Bank did stand at 3.750% rate of interest and an additional APR of 3.262% to begin with. The 7 year ARMs were listed at 3.625% interest rate yielding an annual percentage rate of 3.304%.

The standard refinance fixed rate mortgage schemes are also offered at Chase bank. The long term 30 year refinance FRMs were coming out at 4.125% interest rate today carrying an annual percentage rate of 4.230%. The short term, 15 year refinance schemes at the bank are being provided for 3.375% rate of interest and an APR of 3.520%. The 5 year refinance ARMs have been listed at 3.125% with an additional APR of 3.050%. The 7 year refinance ARMs on the other hand stood at 3.375% interest rate yielding an annual percentage rate of 3.175%.

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.