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Mortgage Rates
Fixed Rate Mortgages
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Term |
Rate |
Points |
APR* |
Payment per $1,000 borrowed |
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10 Years |
5.50% |
0 |
5.50% |
$10.85 |
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15 Years |
5.75% |
0 |
5.75% |
$8.30 |
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20 Years |
6.00% |
0 |
6.00% |
$7.16 |
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30 Years |
6.50% |
0 |
6.50% |
$6.32 |
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Effective May 7, 2008 |
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Adjustable Rate Mortgages
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Program |
Rates |
Points |
APR* |
Payment per $1,000 borrowed |
3 Year ARM
Caps 3%/5% |
5.50% |
0 |
5.87% |
Payments 1-36: $5.68 |
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Payments 37-360: $5.97 |
7/3 ARM
Caps 3%/5% |
5.75% |
0 |
5.88% |
Payments 1 - 84: $5.84 |
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Payments 85 - 360: $5.97 |
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Effective May 7, 2008. Maximum Term 30 Years. Up to 80% of property value available for 1-4 family owner occupied homes. APR may change after consumation. |
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First Time Home Buyer
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Term |
Rates |
Points |
APR* |
Payment per
$1,000
borrowed |
|
20 Years |
5.75% |
0 |
5.75% |
$7.02 |
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25 Years |
6.25% |
0 |
6.25% |
$6.60 |
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30 Years |
6.25% |
0 |
6.25% |
$6.16 |
Effective May 7, 2008.
Fixed Rate.
Up to 90% financing on 1-4 family
owner occupied homes with no PMI. |
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20 Years |
5.50% |
0 |
5.50% |
$6.88 |
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25 Years |
6.00% |
0 |
6.00% |
$6.44 |
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30 Years |
6.00% |
0 |
6.00% |
$6.00 |
Effective May 7, 2008.
Fixed Rate.
Up to 95% financing on 1-4 family
owner occupied homes with PMI required on more than 80% financing. |
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*APR is defined as the Annual Percentage Rate.
Banking the way you like it
For more information about our products and services, please use our information request form, stop by any office or call (413) 743-0001 to speak with a member of our staff.
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