Chase offers 0.25% mortgage rate discount through Oct. 4
IN SHORT
Chase Home Lending is offering a limited-time promotion nationwide, providing qualified borrowers with up to a 0.25% discount on mortgage rates for purchase and refinance loans. The offer is valid from September 14 through October 4, with specific discount amounts varying by state.
Key Numbers
0.25%maximum mortgage rate discount
September 14promotion start date
October 4promotion end date
7.08%average rate for 30-year conforming loans as of Sept. 11
7.11%average rate for 30-year jumbo loans as of Sept. 11
6.79%average rate for 30-year FHA loans as of Sept. 11
Who's Involved
Chase Home Lending
announced a limited-time mortgage rate promotion
qualified borrowers
eligible for up to 0.25% discount on mortgage rates
↳ Why This Matters
The promotion aims to attract borrowers by offering reduced mortgage rates during a period of elevated interest rates, potentially impacting lender market share and borrower affordability.