A limited-time “mortgage rate sale” is being offered by Chase Home Lending, discounting rates on mortgages nationwide for purchase applications until August 18. The discount can be as much as 0.25%, saving over $20,600 in interest on a $350,000 loan with a 30-year term and reducing monthly payments by $55.

This offer is stackable with other discounts and programs Chase offers, including the Chase DreaMaker loan with flexible credit requirements. Grants of $2,500 to $5,000 are available in certain areas. To qualify, home buyers must lock in a purchase rate by August 18, 2025, and meet standard loan qualification criteria.

The rate discount is for the life of the loan on fixed-rate mortgages and applies during the initial fixed-rate period for adjustable-rate mortgages. No additional discount points or fees are related to the offer. Minimum credit score, loan-to-value, and property value guidelines apply, depending on the chosen home loan program.

Read more at Yahoo Finance: Chase Home Lending is offering a ‘mortgage rate sale’ until August 18