Chase offers limited-time mortgage rate discount in May

Chase Home Lending is offering a limited-time mortgage rate promotion for homebuyers and homeowners nationwide, with discounted rates available from May 4-17, the company announced Monday.

The promotion applies to new home purchase loans as well as rate-and-term and cash-out refinances through Chase Home Lending. Eligible borrowers can receive personalized interest rate discounts designed to lower monthly mortgage payments.

The offer is available across multiple loan products, including Federal Housing Administration (FHA) loans, and can be combined with existing Chase incentives such as the lender’s Relationship Pricing discount program, according to a company spokesperson.

The Relationship Pricing Program is a mortgage discount program that lowers a borrower’s interest rate based on how much money they keep or move into eligible Chase deposit and investment accounts.

Under the program, borrowers may qualify for a rate reduction ranging from 5 to 100 basis points when buying a home or refinancing a mortgage. The discounts are tied to both existing balances and new assets transferred to J.P. Morgan Wealth Management or Chase accounts.

Customers do not need to be existing Chase banking clients to participate in the rate promotion, and there are no additional eligibility requirements beyond qualifying for a mortgage. Borrowers may apply for a loan before or during the promotional period, provided they lock in their interest rate by May 17.

In select markets, borrowers can lock in promotional rates for up to 60 days, the spokesperson said.

The rate sale comes as lenders continue competing for borrowers in a higher-rate environment that has weighed on home affordability and refinancing activity.

This isn’t the company’s first promotion of the year — in March, Chase offered a limited-time rate sale for new purchase and refinance loans.In August 2025, the company offered temporary discounts on purchase loans.