Today’s Mortgage Rates: 30-Year Fixed Home Loans and Refinance Mortgage Rates at Chase for January 15

Today's Mortgage RatesChase Bank (NYSE: JPM) offers a number of conventional mortgage loan packages for borrowers in the United States. Potential customers must have strong credit standing and be willing to pay 1.00% of the total loan amount in origination fees to the lender in order to secure a loan. Chase’s mortgage interest rates have been updated for January 15, 2015, which are listed below.

The 30-year fixed conforming home loan is quoted at a rate of 3.375%, according to the lender’s updated mortgage information. The loan’s annual percentage rate, which shows the interest, mortgage insurance and additional costs of the mortgage at a yearly rate, is set at 3.465%. The shorter-term, 15-year fixed rate home purchase loan is up for grabs at an interest cost equivalent to 2.875% and it’s coupled with an APR variable of 3.036%.

The 7/1 adjustable rate home loan has a daily low rate at 2.750% and this flexible loan carries 2.915% by way of APR. Borrowers, who opt for the financial institution’s 5/1 ARM home loan, can expect to pay 2.750% in interest. The loan’s APR figure stands at 2.900%.

Besides home purchase loans, the lender provides mortgages for refinancing purposes as well. Now, looking at conventional loan products, the 30-year FRM has a lending rate of 3.625% and it’s coupled with an APR variable of 3.686%. Borrowers, who prefer to refinance with the 15-year fixed counterpart, will encounter a rate of 2.875%. As far as the corresponding APR is concerned, it stands at 3.072%.

The bank’s adjustable rate loans can also be used to refinance existing mortgages. As far as flexible refinance loans are concerned, the starting rate on the 7/1 ARM hovers at 2.875% and the deal features an APR sum of 2.963%. The 5/1 adjustable rate mortgage can be had at a rate of 2.750% and it has 2.919% by way of annual percentage rate.

For more information on Chase’s current home purchase and refinance mortgage rates, please head over to the bank’s website or contact a loan officer in charge.