Chase Unveils Mortgage Rate Sale Ahead of Fed Decision

JPMorgan Chase has launched another limited-time mortgage rate sale, offering qualified purchase and refinance borrowers up to 0.25 percentage points off their rates if they lock by October 4.

The promotion is part of a broader campaign by the bank to capture more mortgage business, which it plans to increase by over 40% through hiring additional mortgage advisers and leveraging its existing customer relationships.

The discount can be combined with other Home Lending offers, grants, and rate reductions, subject to separate eligibility requirements and program terms. This means borrowers may be able to qualify for an even lower interest rate on their loan.

Chase's timing puts the promotion directly ahead of the Federal Reserve's September 15-16 meeting, where markets widely expect the central bank to raise its benchmark rate by a quarter point.