Chase bank issued their new mortgage rates for Conventional Fixed Rate and Adjustable Rate products under both purchase and refinance category.
For their conventional fixed rate mortgage loan for purchase, the bank issued latest interest rate of 4.250% Fixed Rate that carries an APR of 4.334%. More details about their shorter term 15 Year fixed rate loan are shared below.
Conventional Purchase Fixed Rate Mortgage Loans: Chase 31st July
30 Year Fixed: 4.250% Interest Rate 4.334% APR
15 Year Fixed: 3.375% Interest Rate 3.575% APR
Chase also offered latest interest rates for their 5/1 LIBOR ARM and 7/1 LIBOR ARM loans on 31st July. For their 5/1 LIBOR ARM, the latest interest rate is 3.250% along with an Annual Payment Rate (APR) of 3.084%. More details are as follows.
Adjustable Rate Purchase Mortgage Loans: Chase 31st July
5/1 LIBOR ARM: 3.250% Interest Rate 3.084% APR
7/1 LIBOR ARM: 3.375% Interest Rate 3.195% APR
Latest Mortgage Rates for Refinance
The bank published latest mortgage rates for their refinance loan for both fixed and adjustable rate loans. For their most popular long term 30 Year Fixed Rate Mortgage Loan, the bank quoted an increased interest rate of 4.375% along with an APR rate of 4.471%. Read more under the following tables for detailed rates.
Conventional Fixed Refinance Mortgage Loans: Chase 31st July
30 Year Fixed: 4.375% Interest Rate 4.471% APR
15 Year Fixed: 3.500% Interest Rate 3.664% APR
Details about latest rates for Adjustable Rate Mortgage Loans are shared below.
Adjustable Rate Refinance Mortgage Loans: Chase 31st July
5/1 LIBOR ARM: 3.375% Interest Rate 3.118% APR
7/1 LIBOR ARM: 3.500% Interest Rate 3.244% APR
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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