Chase Bank Mortgage Rates – Lender Entering November with Relentless Strength
As seems to be the case across most of the major lenders across the US this Tuesday morning, Chase Bank (NYSE:JPM) has once again defied all of the very best estimates and predictions of analysts across the board to offer a range of mortgage packages that in many cases have actually decrease from those of yesterday and last week. As it stands, some of the most popular home purchase and refinance mortgage rates are still around the lowest levels in a generation and offer quite superb value for money.
In the case of the packages available today for home purchase, the standard 30 year fixed rate deal can be locked in for 4.00% and an APR figure of 4.104%, while 15 year terms are now available at a rate of 3.250% and APR of 3.376%.
Adjustable terms for home purchase are also showing excellent value, with the 7/1 ARM being offered at a starting rate of 3.125% and APR of 3.231% variable, while 5/1 ARM home purchase terms on the other hand are at 2.625% and APR amounting to 3.073% variable.
Refinance deals from Chase still have the potential to save millions of homeowners thousands on their current terms, with the 30 year fixed rate contract now being offered for 4.250% and an APR of 4.345%, while shorter 15 year fixed loans are now at 3.375% and an APR figure of 3.557%.
Those who prefer adjustable terms for refinance deals will today find the 7/1 ARM being advertised for 3.125% and an APR figure of 3.241% variable, while shorter 5/1 ARMs are now at 2.750% and 3.096% APR variable.
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