Fixed-rate mortgages. The fixed-rate mortgage is by far the most popular choice for first-time homebuyers, particularly the 30-year fixed rate mortgage. With this loan, your interest rate will never change, providing a stable monthly payment for the life of the loan. Then, we focused in on what makes a mortgage lender the best. We looked for competitive rates, of course, but rates aren’t all that matters. Our vetting process left us with only the most accessible, reputable, and accommodating lenders: companies that will make the transition into your new home smooth and painless. Chase’s competitive mortgage rates are backed by an experienced staff of mortgage professionals. The interest rate table below is updated daily, Monday through Friday, to give you the most current purchase rates when choosing a home loan.