Chase bank mortgage rates Meaning and Definition
Chase Bank Mortgage Rates
Pronunciation
Part of Speech
Noun
Definition
The interest rates offered by Chase Bank for mortgages, including fixed-rate and adjustable-rate mortgages, as well as government-backed mortgages such as FHA and VA loans.
Examples
- I’m looking into Chase Bank’s mortgage rates to see if I can get a better deal.
- Chase Bank offers competitive mortgage rates compared to other banks.
Synonyms
- Mortgage Rates
- Lending Terms
Antonyms
- High-Interest Loans
- Predatory Lending Practices
Additional Information
Chase Bank mortgage rates vary depending on factors such as credit score, loan type, and loan term. It’s essential to research and compare rates from different lenders to find the best deal. Additionally, Chase Bank offers a range of mortgage products, including jumbo loans, investment properties, and refinancing options.
It’s also important to note that Chase Bank mortgage rates may change over time, and borrowers should always check the current rates before applying for a loan.
Etymology
The term “mortgage rate” originates from the Old French word “mort gage,” meaning “death pledge,” as the promise to repay the loan was seen as a pledge to the lender, similar to a death contract.
Usage Notes
When discussing mortgage rates, it is essential to provide context, including the type of loan, loan amount, and credit score, to ensure accurate and relevant information.
Cultural References
Chase Bank mortgage rates have been featured in several popular TV shows, including “The Wolf of Wall Street” and “How I Met Your Mother,” as characters discuss their mortgage options and compare rates.
Idiomatic Expressions or Phrases
“Lock in a good rate” – meaning to secure a favorable interest rate for a mortgage or loan.
Related Words or Phrases
FHA loan
VA loan
Jumbo loan
Collocations
Mortgage rate comparison
Best mortgage rates
Mortgage application process
Frequency of Use
Mortgage rates are frequently discussed among homebuyers and lenders, with the average American household having a mortgage worth over $200,000.
Common Misspellings
Chase Bank mortage rates
Chase Bank mortgge rates