Today’s Mortgage Interest Rates at Chase Bank – June 25, 2014

Today's Mortgage Interest Rates at Chase Bank - June 25, 2014

Moving along its regular path, the top US based mortgage lender, JP Morgan Chase Bank (NYSE: JPM) decided to make no positive or negative change to its benchmark 30 year fixed mortgage interest rates on June 25, 2014. This Wednesday, the potential home buyers, who are planning on securing standard home purchase or ideal refinancing mortgage deals from Chase bank, will find the no change in the mortgage interest rates as compared to yesterday.To start with, the potential home buyers can find the standard, long term, 30 year fixed rate mortgage deals being listed in the bank’s books at an interest rate of 4.250% and an annual percentage rate of 4.334% today. In the short term home financing section, the customers can spot the 15 year fixed rate mortgage home loan packages being traded at an interest rate of 3.375% and being backed by an annual return rate of 3.502% today.

When it comes to adjustable rate home financing department, the bank makes an attempt to cater to the needs of its potential borrowers by offering the 5 year adjustable rate mortgage loans at a starting lending rate of 3.625% and an APR yield of 3.134% during the starting years of the home loan period. The seekers of more variable interest rates can now lock in the 7 year adjustable rate mortgage plans at a lending price of 3.625% and an APR yield of 3.236% on the principal amount of home loan secured from the bank.

In the refinancing mortgage arena, the bank offers its popular 30 year fixed rate mortgage home loan schemes at an interest rate of 4.250% and an annual percentage yield of 4.324% today. In the short term lending section, interested customers can spot the 15 year counterparts of the 30 year refinancing fixed rate mortgage packages being traded at a lending rate of 3.250% and yielding an annual return rate of 3.394% today.

As far as the flexible rate mortgage deals are considered, the bank is now offering its 5 year refinancing adjustable rate home loans at a starting lending rate of 3.250%, along with an annual percentage return of 3.002% on the principal amount of home loan sanctioned by the bank. In the more flexible lending zone, 7 year refinancing adjustable rate mortgage schemes can now be locked in at a lending rate of 3.500% and an APR yield of 3.166% 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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About the author

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