|
Rates effective September 3, 2010
| FIXED RATE MORTGAGES |
|
|
Points
|
Interest Rate
|
APR
|
Payment/$1,000
|
|
10 year
|
1
|
3.500%
|
3.746%
|
$9.89
|
|
|
0
|
3.625%
|
3.658%
|
$10.01
|
|
15 year
|
1
|
3.500%
|
3.670%
|
$7.15
|
|
|
0
|
3.750%
|
3.773%
|
$7.27
|
|
20 year
|
1
|
4.000%
|
4.134%
|
$6.06
|
|
|
0
|
4.125%
|
4.143%
|
$6.13
|
|
30 year
|
1
|
4.125%
|
4.222%
|
$4.85
|
|
|
0
|
4.375%
|
4.388%
|
$4.99
|
|
Annual Percentage Rates (APR) are based on $200,000 loan with a 20% down payment.
|
| |
|
Fixed Rate First Time Home Buyer
|
|
Up to 95% Financing
|
Points
|
Interest Rate
|
APR
|
Payment/$1,000
|
|
30 Year Reduced Fee
|
0
|
5.000%
|
5.014%
|
$5.37
|
| Annual Percentage Rates (APR) are based on a $200,000 loan with a 20% down payment. |
|
Fixed Rate Jumbo Mortgages
|
|
over $417,000
|
Points
|
Interest Rate
|
APR
|
Payment/$1,000
|
|
30 Year
|
0
|
5.500% |
5.507% |
$5.68 |
| Annual Percentage Rates (APR) are based on a $417,001 loan with a 20% down payment. |
| Adjustable Rate Mortgages* |
|
30 Years
|
Points
|
Interest Rate
|
APR
|
Payment/$1,000
|
|
5 to 1
|
0
|
4.000%
|
3.031%
|
$4.77
|
|
5 to 1 Jumbo
|
0
|
4.500%
|
3.204%
|
$5.07
|
Annual Percentage Rates (APR) are based on a $200,000 loan with a 20% down payment. Jumbo loans based on $417,001 with a 20% down payment. |
| *The initial rate on the 5 to 1 ARMs may be discounted during the first 5 years. The annual percentage rate is subject to increase after closing. |
| |
| AdjustableRate Construction Mortgages* |
|
30 Years
|
Points
|
Interest Rate
|
APR
|
Payment/$1,000
|
|
5 to 1
|
0
|
4.000%
|
3.145%
|
$4.77
|
|
5 to 1 Jumbo
|
0
|
4.500%
|
3.298%
|
$5.07
|
Annual Percentage Rates (APR) are based on a $200,000 loan with a 20% down payment. Jumbo loans based on $417,001 with a 20% down payment. |
| *The initial rate on the 5 to 1 ARMs may be discounted during the first 5 years. The annual percentage rate is subject to increase after closing. |
| |
FIXED RATE SPECIALTY MORTGAGES
| FHA - UP TO 96.5% FINANCING |
| Purchase Rates |
Points
|
Interest Rate
|
APR
|
Payment/$1,000
|
|
30 Year, 1-4 Units
|
0
|
4.500%
|
4.531%
|
$5.07
|
|
30 Year, 1 Unit
|
0
|
N/A
|
N/A
|
N/A
|
| MASS HOUSING AFFORDABLE ADVANTAGE |
| Purchase and limited cash out refinance |
Points
|
Interest Rate
|
APR
|
Payment/$1,000
|
|
30 Year, 1 Unit, 100% financing
|
0
|
5.000%
|
5.019%
|
$5.37
|
|
30 Year, 2 Units, 95% financing
|
0
|
5.000%
|
5.019%
|
$5.37
|
|
30 Year, 3-4 Units, 95% financing
|
0
|
5.000%
|
5.019%
|
$5.37
|
| MASS HOUSING |
| Purchase and limited cash out refinance |
Points
|
Interest Rate
|
APR
|
Payment/$1,000
|
|
30 Year, 1 Unit, 97% financing
|
0
|
4.500%
|
4.518%
|
$5.07
|
|
30 Year, 2 units, 97% financing
|
0
|
4.500%
|
4.518%
|
$5.07
|
|
30 Year, 3-4 Units, 95% financing
|
0
|
4.500%
|
4.518%
|
$5.07
|
APR = Annual Percentage Rate
Rates subject to change.
|
