Mortgage Interest Rates New Heights at Chase Bank on June 19, 2014

Mortgage Interest Rates New Heights at Chase Bank on June 19, 2014This Thursday, at the top US based mortgage lender, JP Morgan Chase Bank (NYSE: JPM), the benchmark 30 year fixed mortgage interest rates register an unpleasant movement. The qualified borrowers, who are planning on visiting the local branch of Chase bank, in search of ideal home purchase or refinancing home loan deal, will find a steep rise in the mortgage interest rates charged by the bank today.

According to the most up to date mortgage information provided by the bank today, the standard, long term, 30 year fixed rate mortgage home loan deals are up for grabs at an interest rate of 4.375% and an annual percentage rate of 4.439%. For the mortgage shoppers, who are planning on heading down a shorter route to finance their new real estate investment, 15 year fixed rate mortgage home loan plans would be ideal options at an interest rate of 3.375% and an annual percentage rate of 3.557% this Thursday.In the flexible home financing section, the interested borrowers can find the ideal 5 year adjustable rate mortgage home loan deals being traded at an interest rate of 3.750% and an APR yield of 3.179% during the initial years of the home loan tenure. The more flexible, 7 year adjustable rate mortgage plans can be now be locked in at a starting interest rate of 3.750% and an annual percentage return of 3.285% on the principal amount of home loan taken from the bank.

With regards to the refinancing offerings, the mortgage shoppers can find the popular 30 year fixed rate mortgage home loan schemes being traded at an interest rate of 4.250% and an annual return rate of 4.356% today. The relatively shorter, 15 year counterparts of the 30 year refinancing fixed rate mortgage deals are now up for grabs at an interest rate of 3.375% and an annual percentage yield of 3.502% today.

Heading towards the adjustable rate mortgage loan section, the potential customers can spot the best 5 year refinancing home loan deals being listed at an interest rate of 3.250% and carrying an annual percentage yield of 3.012% on the principal amount of home loan taken from the bank. The more flexible, 7 year adjustable rate mortgage deals can now be acquired be bearing an interest rate of 3.750% and an annual percentage yield of 3.353% 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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Rob is a analyst and reporter covering stocks and business news.