NEW YORK, NY — Chase Home Lending is offering a limited-time mortgage rate sale that gives qualified borrowers a discount on new purchase and refinance loans. The promotion began Sept. 14 and is scheduled to run through Oct. 4.
The offer is open to new and existing Chase customers across the country. Qualified homebuyers and homeowners can receive up to 0.25% off their rate, although the size of the discount depends on the state.
The timing matters because borrowing costs have been elevated this year. For households trying to buy or refinance, even a small pricing break can change the monthly payment enough to influence whether a loan fits the budget.
Who can qualify for the Chase discount and how it works
The bank says the sale applies to eligible new purchase and refinance mortgages. That means both buyers entering the market and current owners looking to replace an existing loan may be able to use it if they meet Chase’s program requirements…