Mortgage Interest Rates Remain Firm at Chase Bank on July 11, 2014

Mortgage Interest Rates Remain Firm at Chase Bank on July 11, 2014This Friday, the topmost US based mortgage lender, JP Morgan Chase Bank (NYSE: JPM), decided to make no positive or negative change in its benchmark 30 year fixed mortgage interest rates. The qualified borrowers, who are planning on locking in ideal home loans for funding their new home purchase or refinancing investments, will find no change in the mortgage interest rates on July 11, 2014.

In the standard, long term home loan division, the potential home buyers can spot the 30 year fixed rate mortgage home loans being listed next to an interest rate of 4.250% and an annual return rate of 4.345% today. The mortgage shoppers, who are looking forward to take the shorter road towards home financing, can spot the less expensive, 15 year fixed rate mortgage loan deals being traded at an interest price of 3.375% and an annual return rate of 3.538% this Friday.Heading towards the flexible home loan deals, the interested borrowers can spot the best 5 year adjustable rate mortgage home loans being listed at a starting interest rate of 3.625% and are backed by an APR yield of 3.134% during the starting years of the home loan period. The more flexible, 7 year adjustable rate mortgage home loans are now up for grabs at an interest rate of 3.625% and an APR yield of 3.236% on the principal amount of the loan secured from the bank.

When it comes to the refinancing home loan section, the potential borrowers can spot the popular 30 year fixed rate mortgage home loan packages being advertised at an interest rate of 4.250% and an annual percentage return of 4.334% today. The short term, 15 year counterparts of 30 year refinancing fixed rate mortgage home loan plans can now be locked in at an interest rate of 3.250% today and an annual return of 3.431% today.

As far as the flexible mortgage options are concerned, the bank is now offering its ideal 5 year refinancing adjustable rate home loans at a starting interest rate of 3.250% and an APR yield of 3.002% on the principal amount of home loan sanctioned by the bank. The seekers of more flexible refinancing options can now spot the 7 year refinancing adjustable rate mortgage home loan schemes being traded at a starting interest price of 3.500% and being backed by an annual percentage yield of 3.166% for the starting 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.