Chase Mortgage Rates
Chase Bank is one of the leading banks and its operations are spread across the length and breadth of the US. It even has operations in 60 countries. They have assets worth more than $2 trillion. They offer many kinds of financial services like savings, mortgage, commercial banking, investment banking, asset management, transaction processing and private equity management. This huge presence is one of the main reasons why we review the Chase Bank rates of different products in this blog.
The current Chase mortgage rates for a 30-year fixed rate loan is 4.780% APR. Chase mortgage rates for a 20-year fixed loan is 4.681% while for a 15-year fixed loan, it is 4.410% respectively. Chase home loans for an adjustable rate mortgage (ARM) is 3.687% for a 7/1 ARM and 3.519% for a 5/1 ARM. These rates are calculated based on certain assumptions and if they change, the rates may also change. It is a single-family home that is the primary residence of the owner. It has a 60-day lock in period and the applicant has an excellent credit history.
The mortgage rates at Chase Bank are quite competitive. Besides these, they also have programs for FHA buyers and new home buyers. If you are looking to refinance your existing mortgage, they offer good programs for that as well. Overall, Chase Bank aims to make it simple for you to buy your house. The entire application process is simple and easy. You can do a lot of it online without ever having to visit the branch. You can also complete the application process over the phone.