Chase Home Lending's rate promotion can be combined with other offers, including relationship pricing that may provide eligible customers up to 1% off their rate based on new or existing balances. Affordability remains a priority for homebuyers and homeowners; modest rate reductions can yield meaningful savings in a high-rate environment. Customers with current 6.5–7% interest rates could benefit from a 50bps reduction when refinancing. Homeowners can apply for a refinance in person, by phone, online, or via the Chase MyHome app. In select locations, borrowers can lock a discounted rate for up to 60 days to provide price assurance. Cash-out refinances can help homeowners access built equity. Chase previously offered a temporary nationwide mortgage rate sale in August for purchase discounts and a limited-time refinance rate discount in February covering rate reductions, payment reductions, and cash-out refinances.
"The rate promotion can be combined with other Chase Home Lending offers, including relationship pricing, which may provide eligible customers up to 1% off their rate based on new or existing balances. Affordability continues to be top-of-mind for not only homebuyers, but homeowners, said Bhavesh Patel, consumer sales executive at Chase Home Lending. Even modest rate reductions can offer meaningful savings for homeowners in a high-rate environment like we have experienced."
"For example, over the past few months, we're seeing customers sitting at a 6.5-7% interest rate that could benefit from a 50bps reduction when refinancing. Homeowners can apply for a refinance in person at a branch, over the phone, online or via the Chase MyHome app. In select locations, borrowers can lock in a discounted rate for up to 60 days, providing additional price assurance."
Read at www.housingwire.com
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