Mortgage Home Loan Rates are Holding Firm at Chase Bank on July 1, 2014

Mortgage Home Loan Rates are Holding Firm at Chase Bank on July 1, 2014Fighting the volatile market conditions and the current economic scenario, the topmost US based mortgage lender, JP Morgan Chase Bank (NYSE: JPM), managed to pull some strings and quoted unchanged benchmark 30 year fixed mortgage interest rates on July 1, 2014. The qualified borrowers, who are planning on dropping by the local branches of Chase Bank to secure standard new home purchase loans or refinancing home loan deals, will find no change in the lending rates this Tuesday.

According to the most up to date mortgage information released by the bank this Tuesday, the standard, long term, 30 year fixed rate mortgage home loans are coming out at an interest rate of 4.125% and are backed by an annual percentage rate of 4.230% today. The short term, 15 year fixed rate mortgage home loan deals can now be seen coming out at a lending charge of 3.250% and being accompanied by an annual return rate of 3.431% today.When it comes to flexible lending options, the bank is now offering its best 5 year adjustable rate mortgage home loan plans a lending rate of 3.500% and an APR yield of 3.090% this Tuesday. For the home loan borrowers, who are planning on securing a little bit more flexible home loan deals can secure the 7 year adjustable rate mortgage packages by bearing an interest cost of 3.500% and an APR yield of 3.187% during the initial years of the home loan period.

Shifting towards the refinancing home loan section, the potential mortgage shoppers can find the popular 30 year fixed rate mortgage loans being listed at a lending rate of 4.125% today and an APR yield of 4.219%. The relatively shorter, 15 year counterparts of the 30 year refinancing fixed rate mortgage home loans are now up for grabs at an interest rate of 3.125% and an APR yield of 3.305%.

For the borrowers, who are interested in flexible rate home loan deals, can now secure the best 5 year refinancing adjustable rate home loan deals, which are now traded at a starting interest rate of 3.125% and are backed by an APR yield of 2.968% during the starting years of the home loan tenure. The more flexible, 7 year refinancing adjustable rate mortgage plans are now published at an interest rate of 3.375% and are carrying an APR yield of 3.118% on the starting amount of home loan acquired from the bank.

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