Todays’ Mortgage Interest Rates at Chase Bank (Friday July 18, 2014)

Todays' Mortgage Interest Rates at Chase Bank (Friday July 18, 2014)At the end of the trading week, the leading US based mortgage lender, JP Morgan Chase Bank (NYSE: JPM), managed to pull some strings and quote same benchmark 30 year fixed mortgage interest rates on July 18, 2014. The mortgage shoppers, who are looking forward to secure standard home purchase or ideal refinancing home loans this Friday, will find no movement in the lending charges quoted by Chase bank as compared to the yesterday’s rates.

Today, the interested home buyers can acquire the standard, long term, 30 year fixed rate mortgage home loan deals at an interest cost of 4.250% and an APR yield of 4.324%. For the borrowers, who find 30 years to be quite long for a home loan and are looking for something more pocket friendly, the bank offers its short term 15 year fixed rate mortgage home loan packages at an interest rate of 3.375% and an APR yield of 3.557% today.In the adjustable rate mortgage lending division, the interested customers can find the ideal 5 year variable rate home loan deals being traded at an interest rate of 3.500% and carrying an APR yield of 3.100% during the starting years of the home loan period. The more flexible, 7 year adjustable rate mortgage home loan deals can now be seen coming out at a starting interest rate of 3.625% and an APR yield of 3.225% on the initial amount of home loan secured from the bank.

Heading towards the refinancing arena, the mortgage shoppers can find the popular 30 year fixed rate mortgage home loan deals being listed along with an interest rate of 4.250% and an APR yield of 4.313% today. The relatively shorter, 15 year refinancing fixed rate mortgage home loan products can now be locked in at an interest rate of 3.250% and an annual percentage yield of 3.431%.

For the potential home loan seekers, who are looking forward to secure more flexible refinancing packages, can now opt for the 5 year refinancing adjustable rate mortgage home loans, which are currently traded at an interest rate of 3.250% and are backed by an APR yield of 2.992% in the starting years of the home loan tenure. The more flexible, 7 year refinancing adjustable rate mortgage deals are now up for grabs at a starting rate of 3.375% and an APR yield of 3.127% on the principal amount of home loan sanctioned by 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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About the author

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