Regardless of regular changes in the financial market and the US housing sector, the topmost mortgage provider, JP Morgan Chase Bank (NYSE: JPM) managed to keep its benchmark 30 year fixed mortgage interest rates steady on July 14, 2014. The qualified borrowers, who are planning on having their new home purchase or refinancing investments funded through Chase Bank, will find no alterations in the lending costs published today.
Heading towards the refinancing home loan arena, the interested customers can find the popular 30 year fixed rate mortgage plans being advertised at a lending rate of 4.250% and backed by an annual percentage yield of 4.302% today. In short term lending section, the 15 year counterparts of 30 year refinancing fixed rate mortgage home loans are now up for grabs at an interest rate of 3.250% and an APR yield of 3.376% today.
When it comes to variable rate mortgage deals, the mortgage shoppers can spot the best 5 year refinancing adjustable rate home loan packages being listed next to an interest rate of 3.125% and an APR yield of 2.968% to begin with. The more flexible, 7 year refinancing adjustable rate home loan schemes can now be locked in at a starting interest rate of 3.375% and are backed by an APR yield of 3.118% this Monday.
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