Chase reboots its 'mortgage rate sale,' this time on purchases and refinances

2. Personal Finance
3. /
4. Mortgages

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.

Last summer, Chase Home Lending announced a “mortgage rate sale” — something practically unheard of in the mortgage industry. This week, Chase is rebooting the sale and expanding it to include purchase and refinance home loans.

The Chase Home Lending mortgage rate sale

Chase Home Lending is offering limited-time rate discounts to eligible home buyers and homeowners through Sunday, March 8. The offer is available for new purchases and refinances. There are no additional discount points or fees related to the offer.

"During the rate sale, buyers and homeowners can access personalized interest rate discounts to help lower monthly payments," a press notice said.

• Find Chase on our list of the best mortgage lenders for first-time home buyers.

Buyers might lower a payment or afford more home

The rate sale is in effect nationwide from Monday, Feb. 23, through Sunday, March 8.

"Discounted rates can meaningfully lower a first-time or an experienced buyer’s monthly payment, improve overall affordability, and, in many cases, help buyers increase their purchasing power," said Bhavesh Patel, consumer channel executive at Chase Home Lending.

For example, he said that for every quarter-point reduction in rates, a buyer could afford a home about 2.5% higher in value, with the monthly payment remaining the same.

Chase also offers grants of $2,500 to $5,000 to eligible borrowers in certain areas. Credit guidelines and income limits may apply.

• Sub-6% offers nearly double: Mortgage lenders with the best rates this week.

Lower rates may provide an opportunity to refinance

Mortgage rates have dropped to their lowest level since Sept. 2022, according to Freddie Mac. But Patel warns about borrowers trying to time the market. Mortgage rates fluctuate daily and respond in real-time to economic indicators.

"This year alone, we’ve seen rates hit recent year lows and then quickly rise," he added. "When deciding if a refinance is right for you, consider your goals, such as lowering your mortgage rate, reducing monthly payments, shortening your loan term, or taking cash out."

Rate sale discounts can be combined with other incentives

Chase Home Lending says the rate sale personalized discounts can be "stacked" with other bank benefits, such as "relationship pricing." That's where additional rate discounts of up to 1% are applied to bank customers' loans, based on new or existing account balances.

The deadline to qualify for the mortgage rate discount

To qualify for the rate sale discounts, you must lock in a purchase or refinance rate by Sunday, March 8, 2026. Through Chase’s Homebuyer Advantage with Lock & Shop, customers can lock in their discounted rate for up to 90 days with a one-time float down if rates improve. Standard loan qualification guidelines apply, which depend on the mortgage you choose.

Read More

Chase launches a limited-time mortgage rate refinance sale [Expired]

Chase Home Loans is offering a "refinancing rate sale" for rate-and-term and cash-out refinancing. Learn how to qualify for this limited-time rate discount.

Move fast to take advantage of Chase's mortgage refinance rate sale [Expired]

Chase Home Loans is offering a 'refinancing rate sale' for rate-and-term and cash-out refinancing — but the deadline is almost here. Learn how to qualify.

Want to refinance your mortgage before the end of 2025? Here's what to do.

If you want to refinance your mortgage before the end of 2025, you're in luck. It may be a good time. Learn the steps to take to refi in the next couple of months.

How much home equity do you need to refinance your mortgage?

To refinance your mortgage, you need a certain amount of home equity. The rules vary by loan type and refi program. Learn how much equity you need to refinance.

Low-cost refinance: How to cut fees and save more on your mortgage

You can get a low-cost refinance by shopping for mortgage lenders or boosting your credit score. Learn how to lower your refi costs, both at closing and long term.

Want to refinance your house in the first half of 2026? What you need to know.

Mortgage rates are down, so refinancing soon could be a good idea. Here's what you should know if you want to refinance your mortgage loan in early 2026.