Chase Mortgage Rates: Current 30-Year and 15-Year Fixed Rate Loans for January 26

Chase Mortgage Rates: Current 30-Year and 15-Year Fixed Rate Loans for January 26Chase Bank (NYSE: JPM) is an established U.S. mortgage lender, which advertises numerous home purchase and refinance loans for interested borrowers. Please, note that the annual percentage rate (APR) calculations were made using closing costs and discount points, assuming that the borrower will pay 1.00% of the total loan amount in origination fees. The lender’s latest mortgage interest rates for January 26, 2014 are discussed below.

By browsing through Chase’s several mortgage loan options, borrowers can find the long-term 30-year fixed rate conventional mortgage package, which is available at 4.375% as of Sunday. The loan is coupled with an annual percentage rate of 4.449%. Others, who believe the 15-year fixed home purchase loan is a more suitable option and able to meet the lender’s credit standards, can expect to pay 3.625% in interest for this type of loan. The corresponding APR variable stands at 3.734%.

Borrowers, who are looking for mortgage refinancing options, will find a number of favorable loan offers at this bank, including the 30-year fixed refinance package which is advertised at 4.500% and carries an APR variable of 4.575%. Others looking to refinance with the help of Chase’s 15-year fixed rate loan, will see this mortgage being advertised at 3.625% and it bears an APR figure of 3.753%.

Furthermore, Chase provides adjustable rate mortgage (ARM) loans for borrowers who need more flexibility with interest rates. These loans come with a fixed interest rate period, after which the mortgage rate is adjusted depending on prevailing market interest rates at the time of the reset.

The lender provides the 7/1 adjustable rate home loan at a rate of 3.500% and the package comes with an APR figure of 3.234%. Mortgage shoppers, who decide to go with the 5/1 ARM, will encounter a rate of 3.125% and an annual percentage rate of 3.050%.

Turning focus to more flexible home refinancing options, Chase’s 7/1 ARM can be locked in at a rate of 3.500%. The loan package bears an APR sum of 3.265%. With regards to the 5/1 adjustable rate mortgage, qualified mortgage shoppers may be able to secure it at 3.375% in interest cost. The corresponding APR stands at 3.118%.

Bear in mind, that the mortgage rate quotes given are liable to change without notice and can vary when the loan is approved or the funds are disbursed. Contact the loan officer in charge or check the bank’s website for more details.