Chase Bank (Chase Mortgage) is advertising some of the best mortgage rates available these days for both refinancing and home purchases. For a fixed conforming 30 year mortgage Chase Mortgage is currently advertising a mortgage rate of 5.00 percent.

Their conforming 30 year mortgage rate is exactly the same as the national average 30 year mortgage rate. Mortgage rates are expected to start going higher very soon, so now is a good time to buy a home or refinance a mortgage.

You also have until April 30, 2010 to take advantage of the first time home-buyer tax credit of $8,000 or $6,500 if you have owned and lived in your current home 5 years or more. There are income requirements for the tax credits.

The bank’s fixed rate conforming 15 year mortgage rate is being advertised at 4.375 percent, a fraction lower than the average 15 year average mortgage rate of 4.389 percent as of today.

Chase Mortgage is also advertising some of the lowest adjustable mortgage rates currently available. The bank’s conforming 7/1 adjustable rate mortgage currently has an rate of 4.50 percent and their conforming 5/1 adjustable mortgage rate is currently at 4.00 percent.

Chase Mortgage Rates: Chase Mortgage

Chase Mortgage also has a 1% cash back deal: Chase Mortgage 1% Cash Back