Today’s Mortgage Rates at Chase Bank – July 2, 2014

Today's Mortgage Rates at Chase Bank - July 2, 2014

According to the most up to date mortgage information provided by the topmost US based mortgage lender, JP Morgan Chase Bank (NYSE: JPM), the benchmark 30 year fixed mortgage interest rates are holding firm on July 2, 2014. This Wednesday, the potential customers, who are planning on securing ideal home purchase loan or standard refinancing deals, will find no change in the lending rates in comparison to the rates published yesterday, which is certainly a good piece of news for the home buyers.As of now, the standard, long term, 30 year fixed rate mortgage home loans are being advertised at an interest rate of 4.125% and are backed by an annual percentage rate of 4.231% today. In the short term home financing section, the interested home loan seekers can now find the 15 year fixed rate mortgage deals being traded at an interest rate of 3.250% and accompanied by an annual percentage yield of 3.431% today.

When it comes to flexible home loan deals, the interested borrowers can spot the 5 year adjustable rate mortgage home loans being listed at a starting interest cost equivalent to 3.500% and an annual percentage return of 3.090% during the starting years of the home loan tenure. In the more flexible home financing division, the interested customers can find the 7 year adjustable rate mortgage packages being published next to an interest price of 3.500% and carrying an annual percentage return of 3.187% on the principal amount of home loan secured from the bank.

Shifting sights towards the refinancing home loan section, the mortgage shoppers can find the popular 30 year fixed rate mortgage loans being advertised at a lending rate of 4.125% and an APR yield of 4.219%. Mortgage interest rates for the shorter, 15 year refinancing fixed rate mortgage loans, also remained stable this Wednesday, and continued to hang around 3.125%, along with an APR yield of 3.305%.

As far as the adjustable rate mortgage financing options are concerned, the American lender offers the 5 year refinancing home loan deals at a lending rate of 3.125% and an annual percentage return of 3.305% on the principal amount of home loan secured from the bank. In the more flexible refinancing section, the interested customers can find the 7 year adjustable rate mortgage home loans listed at an interest rate of 3.375% and an APR yield of 3.118% 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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About the author

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