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Skip to navigationSkip to main content':"";if(a){var r=n.promos.showYahooLogo?"":"yns-no-logo";a=a.replace("{notifOnboardBtnLabel}",n.promos.notifOnboardBtnLabel).replace("{notifOnboardMsg}",n.promos.notifOnboardMsg).replace("{subscriptionTopic}",n.promos.subscriptionTopic).replace("{noLogoClass}",r).replace("{promoLogo}",n.promos.promoLogo)}var s=t.newCount>n.panel.maxCount?t.newCount:"",c=n.panel.notificationCenterPath,l=c?"":R,u=n.panel.headerMsg?"":" "+R,d=c?H:"",p=void 0;t.count?p=t.markup:p='{emptyPanelMsg}'.replace("{emptyPanelMsg}",n.panel.emptyPanelMsg);return e=e.replace("{notifMarkup}",p).replace("{promoMarkup}",a).replace("{hideClass}",l).replace("{notifCenterLink}",c).replace("{paddingClass}",d).replace("{headerMsg}",n.panel.headerMsg).replace("{hideHeaderClass}",u).replace(/{notificationCenterNavMsg}/g,n.panel.notificationCenterNavMsg).replace(/{newCount}/g,s)}},{key:"render",value:function(e,t){var n=this;if(n._panelNode){var o=void 0,i=n._panelNode,a=void 0,r=void 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See our Advertiser Disclosure.Hal Bundrick, CFP® · Senior WriterUpdated Mon, December 8, 2025 at 5:23 PM GMT+1 3 min readAs mortgage rates inch closer and closer to 6%, Chase Home Lending gives you a greater advantage when refinancing your mortgage with a limited-time mortgage rate discount.MORE: See our picks for the best mortgage refinance lenders.Chase Home Lending launched a two-week refinancing rate discount, lasting from Dec. 1 through Dec. 14. If you lock your rate during the promotional period, you will earn an interest rate reduction, which varies by loan product and location.Chase confirmed with Yahoo Finance that customers can lock in a rate discount on December 13-14, even though those are weekend days. So, you have until this upcoming Sunday to take advantage of the sale."In a high-rate environment, even a modest rate reduction can deliver meaningful savings for homeowners," Bhavesh Patel, consumer channel executive at Chase Home Lending, told Yahoo Finance in an email. "For instance, over the past few months we’re seeing customers sitting at a 6.5-7% interest rate that could benefit from a 50 [basis point] reduction when refinancing."If you combine the discount with other Chase offers, such as relationship pricing, your rate cut could be up to 1%.Apply for a Chase refinance rate discount here.The rate sale applies to both rate-and-term and cash-out refinancing.A rate-and-term refinance lets you replace your old loan with one that has a new interest rate or term length.A cash-out refinance allows you to take some of the equity out of your home in a lump sum of cash. The money you take from the home's value is added back into a new loan."If you have a high interest rate on your current loan or need extra cash, you might want to consider refinancing. You may also consider refinancing if you want to lower your monthly payments or reduce the total amount you’re paying for your home," Patel noted.Homeowners can use the Chase home value estimator to calculate their home equity as well as how much they may qualify to borrow. The tool allows you to enter your home's address and instantly see an estimated value, along with recent comparable sales in the neighborhood.MORE: See our top picks for cash-out refinance lenders.Up NextIs now a good time to refinance your mortgage?Want to refinance your mortgage before the end of 2025? Here's what to do.6 times when it makes sense to refinance your mortgageInterested homeowners can apply and lock in their mortgage rate at a Chase branch, by phone, online, or through the Chase MyHome app."Since rates fluctuate, locking in a discounted rate for up to 60 days in select locations provides price assurance for customers in a volatile market," Patel added.Closing costs can range from 2% to 6%, Patel said. Chase offers a refinance closing cost calculator to help you estimate fees and related expenses. Applicants will need to submit wage verification documentation, such as W-2s or 1099 forms, as well as tax returns and statements from their bank and investment accounts.He also reminded homeowners that they don't have to refinance with the same lender that issued their mortgage — and you don’t have to be an existing Chase customer to qualify for the rate discount. "Comparing lenders can alert you of promotions they may be running or help you find a lender that is offering a lower rate or charging lower fees," he said.Laura Grace Tarpley edited this article.