answersLogoWhite

0

If you are not planning to move anywhere else and want to know what your payment will be every month, fixed rate is the way to go. If you are planning to move within 5 years, you may want an adjustable rate which fluctuates with the market rates. If you are planning to move within 5 years, but do not want a fluctuating rate, a balloon loan may be the way to go. The balloon loan offers a lower, fixed rate for a few years with a balloon (large) payment due at the end of the loan. If you need to borrow more than $252,700, you will need to ask about a Jumbo Loan.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

Where can someone find Chase Bank mortgage rates?

Chase bank mortgage rates are available from the official Chase website. Alternatively, you can also get the latest rates from your local Chase branch in person.


Where can one go to find out mortgage interest rates?

One can find out mortgage interest rates by visiting any large bank, such as CitiBank or Chase. The representatives in these banks have free forms that list different mortgage interest rates.


How can one find out what the current fixed mortgage rates are?

There are many places in which one can find out what the current fixed mortgage rates are. One may use websites such as Chase or Quickenloans to find this information.


What mortgage rates does Chase Mortgage offer?

Chase Mortgage offers competitive mortgage rates. You can complete a simple calculator and find your own personal rates. For example a 30 year fixed loan would be 4.625, a 15 year fixed loan would be 3.625, and so on.


What types of home finance does Chase offer?

Chase offers several types of home finance options, the most popular of which are mortgage financing rates and mortgage refinancing rates. Home refinance rates are usually higher.


What banks are boasting they have the best mortgage loan rates?

The banks who are currently advertising that they have the best mortgage loan rates are Suntrust Bank, Wells Fargo, Capitol One, Citizens Bank, Chase and GTE Financial.


Does Chase Mortgage offer home refinancing?

Chase Mortgage does indeed offer home refinancing. They actually offer competitive mortgage rates and can be a smart approach to reducing your overall borrowing costs.


What are some cheap mortgage deals?

Some cheap mortgage deals contain low interest rates and mortgage rates. In addition, cheap mortgage deals are found on quickenloans dot com and chase dot com.


Where can one find the home refinance rates online?

There are many websites that carry the home refinance rates online. One can view them on sites such as 'whopaysmost', 'Chase', 'Discover' and 'Mortgage-calc'.


Are mortgage rates from The Woolwich brand competitive?

The Woolwich brand has the most competitive mortgage rates on the market compared to financial institutions like Chase. They are not very well known, but they have the lowest rates out there.


Where can one find information about mortgage interest rates in the UK?

There are many places online to find information about mortgage interest rates in the UK but the best place to find it is online. Some websites are bankrate, consumer.ftc, chase, homeguides.sfgate.


Does Chase offer competitive mortgage rates?

Chase does offer competitive mortgage rates, as will other major American banks. However, every bank has a different method of determining what interest rates an individual will receive, so if you are looking for the absolute lowest mortgage interest rate for your situation, it is best to get quotes from several different lenders.