{"id":25928,"date":"2026-02-24T20:48:56","date_gmt":"2026-02-24T20:48:56","guid":{"rendered":"https:\/\/finderica.com\/?p=25928"},"modified":"2026-02-24T20:48:56","modified_gmt":"2026-02-24T20:48:56","slug":"chase-rolls-out-another-mortgage-rate-sale-as-rates-fall-below-6","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=25928","title":{"rendered":"Chase Rolls Out Another Mortgage Rate Sale as Rates Fall Below 6%"},"content":{"rendered":"
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Just in time for the lowest mortgage rates since 2022, Chase has rolled out yet another mortgage rate sale.<\/p>\n

And this one applies to both home purchase loans and mortgage refinances, unlike past sales that only worked on one loan product or the other.<\/p>\n

While they don\u2019t specify the rate discount, like their other sales it\u2019s said to be 0.25% off the rate.<\/p>\n

So if the interest rate offered were 5.50%, you might be able to get 5.25% instead.<\/p>\n

Not too shabby for a 30-year fixed, which was priced around 7% a year ago today!<\/p>\n

Chase Offering Limited-Time Discount on Mortgage Rates<\/h2>\n

If you\u2019re currently shopping mortgage rates, you might want to throw Chase\u2019s hat into the ring.<\/p>\n

The bank is offering its so-called \u201climited-time purchase and refinance rate discount\u201d from now until March 8th, 2026.<\/p>\n

That means you must lock in your rate by that date, but you can lock for a full 60 days. So it\u2019s possible to close your loan much later in the year.<\/p>\n

As noted, the rate discount tends to be around 0.25%, so if you\u2019re quoted 5.5% for a 30-year fixed, the rate might drop to 5.25% thanks to the sale.<\/p>\n

But this discount can vary by loan type, state you reside in, etc. It could be as little as .125% off.<\/p>\n

And even with the discount, you might find that another lender can offer a more competitive rate.<\/p>\n

Chase Rate Discount Stacks with Their Relationship Pricing<\/h2>\n

On top of this limited-time discount, you have the ability to \u201cstack\u201d the discount with Chase\u2019s relationship pricing.<\/p>\n

Chase offers mortgage rate discounts year-round when you bring \u201cnew money or investments\u201d to the bank.<\/p>\n

And these discounts can be up to 1% off the rate, though you need A LOT of money to get those monster discounts.<\/p>\n

For example, someone seeking a $300,000 loan amount who deposits $45,000 can get an additional 0.05% off their rate.<\/p>\n

That same borrower who deposits $112,500 can get 0.125% off. Sure, it\u2019s not a small amount of money.<\/p>\n

You\u2019d need a whopping $900,000 in new money to get 1% off your rate.<\/p>\n

But someone who has excess funds can stack and push their mortgage rate ever closer to the 4% range.<\/p>\n

It might be good timing for those looking to snag an even lower rate on their home loan, though still take the time to shop around.<\/p>\n

Be Sure to Look at the Complete Picture After the Discount<\/h2>\n

Whenever I see these deals or discounts, which aren\u2019t too common in the mortgage world, I tell people to look at the big picture.<\/p>\n

The interest rate is just one piece of the overall deal. What closing costs do you need to pay to get that rate?<\/p>\n

Are there are discount points required? Is the bank charging an origination fee? Or fees for loan underwriting and processing.<\/p>\n

Once you\u2019ve factored in ALL the costs, you can determine if their all-in deal is the best option.<\/p>\n

It might turn out that another bank, nonbank, or mortgage broker can get you a lower rate with fewer or no fees.<\/p>\n

So while discounts sound great on the surface, they might not mean a whole lot in the grand scheme of things.<\/p>\n

For example, if I can get a rate of 5.5% with Chase after the discount, and a different lender can offer 5.375% or even 5.25%, with the same fees, who cares about the discount?<\/p>\n

This is why I recommend mortgage rate shoppers ask for no-cost rates first to compare offers apples-to-apples, then ask for rates with points\/fees to fine-tune.<\/p>\n

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\"Colin<\/div>\n
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Before creating this site, I worked as an account executive for a wholesale mortgage lender in Los Angeles. My hands-on experience in the early 2000s inspired me to begin writing about mortgages 19 years ago to help prospective (and existing) home buyers better navigate the home loan process. Follow me on X for hot takes.<\/p>\n<\/div>\n<\/section>\n

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\"Colin<\/div>\n
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