Summary of Mortgage Interest Rates at Chase Bank on July 8, 2014

Summary of Mortgage Interest Rates at Chase Bank on July 8, 2014Following the lead of several other mortgage lenders, the topmost US based mortgage home loan provider, JP Morgan Chase Bank (NYSE: JPM), chose to quote same benchmark 30 year fixed mortgage home loan rates on July 8, 2014. As of now, the borrowers interested in stopping by the local branches of Chase Bank for securing ideal home loans will now find the ideal home purchase and refinancing deals being traded at same interest rates as yesterday.

As per the most up to date mortgage information published by the bank today, the interested customers can find the 30 year fixed rate mortgage home loans being quoted in the long term home loan section at an interest rate of 4.375% and an annual percentage rate of 4.439%. When it comes to relatively shorter and less expensive deals, the potential home buyers can find the 15 year fixed rate mortgage deals perfect at an interest rate of 3.375% and being backed by an annual percentage rate of 3.557% today.In the adjustable rate mortgage section, the potential mortgage shoppers can spot the ideal 5 year variable rate home loan packages being listed at a starting interest rate of 3.375% and an annual return rate of 3.557% to start with. For the seekers of more flexible home loan deals, the bank is currently offering the 7 year adjustable rate home loan deals at an interest rate of 3.625% and an annual percentage yield of 3.246% on the principal amount of home loan sanctioned by the bank.

Heading towards the refinancing home loan division, the potential customers can spot the popular 30 year fixed rate mortgage home loan deals being published at an interest rate of 4.250% and carrying an APR yield of 4.356% today. The relatively shorter, 15 year counterparts of the 30 year refinancing fixed rate home loans are now up for grabs at a lending rate of 3.250% and an annual percentage yield of 3.431% today.

As far as the flexible home refinancing deals are concerned, the bank quotes its best 5 year adjustable rate mortgage options at a starting interest rate of 3.250% and an APR yield of 3.012% to begin with. The more flexible, 7 year refinancing adjustable rate mortgage plans can be locked in by bearing an interest rate of 3.500% and agreeing to an annual percentage yield of 3.176% during 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.