Chase bank mortgage rates Meaning and Definition

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