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Chase currently offers two different fixed rate mortgages. The first of which is a 30 year mortgage with a 4.5% rate. The second is a 15 year mortgage with a 3.5% rate. Bank of America offers their 30 year fixed rate mortgage with a 4.375%. Their 15 year mortgage boasts a 3.624% rate. So, when comparing the two banks, Bank of America has a better rate for the 30 year fixed rate mortgage with a 4.375% as opposed to the 4.5% rate for Chase. For the 15 year fixed rate mortgage, Chase leads the way with a 3.5% rate while BOA offers a 3.624% rate.

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Q: Does the chase mortgage department offer better rates than bank of America?
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