|
Rates effective March 08,2010
| FIXED RATE MORTGAGES |
|
|
Points
|
Interest Rate
|
APR
|
Payment/$1,000
|
|
10 year
|
1
|
4.125%
|
4.374%
|
$10.19
|
|
|
0
|
4.250%
|
4.283%
|
$10.25
|
|
15 year
|
1
|
4.250%
|
4.423%
|
$7.52
|
|
|
0
|
4.500%
|
4.523%
|
$7.65
|
|
20 year
|
1
|
4.750%
|
4.888%
|
$6.46
|
|
|
0
|
4.875%
|
4.894%
|
$6.53
|
|
30 year
|
1
|
5.000%
|
5.102%
|
$5.37
|
|
|
0
|
5.250%
|
5.264%
|
$5.53
|
|
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 No Fee
|
0
|
5.250%
|
5.250%
|
$5.53
|
| Annual Percentage Rates (APR) are based on a $200,000 loan with a 20% down payment. |
| Adjustable Rate Mortgages* |
Points
|
Interest Rate
|
APR
|
Payment/$1,000
|
|
30 Year, 5 to 1
|
1
|
5.125%
|
3.641%
|
$5.44
|
| |
0
|
5.375%
|
3.664%
|
$5.60
|
|
30 Year, 7 to 1
|
0
|
5.500%
|
4.063%
|
$5.68
|
Annual Percentage Rates (APR) are based on a $200,000 loan with a 20% down payment. |
| *The initial rate on the 5 to 1 and 7 to 1 ARMs may be discounted during the first 5 or 7 years. The annual percentage rate is subject to increase after closing. |
| |
| Adjustable Rate Jumbo Mortgages* |
| Mortgages over $417,001 |
Points
|
Interest Rate
|
APR
|
Payment/$1,000
|
|
30 Year, 5 to 1
|
0
|
5.375%
|
3.657%
|
$5.60
|
|
30 Year, 7 to 1
|
0
|
5.500%
|
4.056%
|
$5.68
|
| Annual Percentage Rates (APR) are based on a $417,001 loan with a 20% down payment. |
| *The initial rate on the 5 to 1 and 7 to 1 ARMs may be discounted during the first 5 or 7 years. The annual percentage rate is subject to increase after closing. |
| Adjustable Rate Construction Mortgages* |
Points
|
Interest Rate
|
APR
|
Payments/$1,000
|
|
30 Year, 5 to 1 Construction
|
0
|
5.375%
|
3.785%
|
$5.60
|
|
30 Year , 7 to 1 Construction
|
0
|
5.500%
|
4.216%
|
$5.68
|
|
30 Year, 5 to 1 Jumbo Construction
|
0
|
5.375%
|
3.756%
|
$5.60
|
|
30 Year, 7 to 1 Jumbo Construction
|
0
|
5.500%
|
4.185%
|
$5.68
|
| Annual Percentage Rates (APR) are based on a $200,000 loan with a 20% down payment. Jumbo loans based on $417,001 loan with a 20% down payment. |
| *The initial rate on the 5 to 1 and 7 to 1 ARMs may be discounted during the first 5 or 7 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
|
5.250%
|
5.291%
|
$5.53
|
| USDA - 100% FINANCING |
| Purchase rates |
Points
|
Interest Rate
|
APR
|
Payment/$1,000
|
|
30 Year, 1 Unit
|
0
|
N/A%
|
N/A%
|
N/A
|
| VA - 100% FINANCING |
| |
Points
|
Interest Rate
|
APR
|
Payment/$1,000
|
|
30 Year, 1 Unit
|
0
|
N/A
|
N/A
|
N/A
|
| MASS HOUSING - 100% Financing |
| Purchase and limited cash out refinance |
Points
|
Interest Rate
|
APR
|
Payment/$1,000
|
|
30 Year, 1 Unit
|
0
|
5.375%
|
5.397
|
$5.60
|
| MASS HOUSING - 97% Financing |
| Purchase and limited cash out refinance |
Points
|
Interest Rate
|
APR
|
Payment/$1,000
|
|
30 Year, 1-2 Units
|
0
|
5.375%
|
5.397%
|
$5.60
|
| MASS HOUSING - 95% Financing |
| Purchase and limited cash out refinance |
Points
|
Interest Rate
|
APR
|
Payment/$1,000
|
|
30 Year, 3-4 Units
|
0
|
5.375%
|
5.397%
|
$5.60
|
APR = Annual Percentage Rate
Rates subject to change.
|
