|
MORTGAGE INTEREST RATES
May 7, 2008
Primary and Second Homes
| Fixed Rate Mortgages** |
Adjustable Rate Mortgages** |
| Loans up to $417,000 |
|
| 30 Year Fixed Rate |
1/1 Adjustable Rate |
| Rate |
Points |
APR |
| 6.125% |
0 |
6.143% |
| 5.875% |
1 |
5.986% |
|
| Rate |
Points |
APR |
Caps |
| 5.00% |
0 |
5.016% |
2/6 |
|
| 15 Year Fixed Rate |
3/1 Adjustable Rate
|
| Rate |
Points |
APR |
| 5.625% |
0 |
5.654% |
| 5.375% |
1 |
5.558% |
|
| Rate |
Points |
APR |
Caps |
| 5.50% |
0 |
5.138% |
2/6 |
|
|
Loans Over $417,000 but less than $1,500,000
|
5/1 Adjustable Rate
| Rate |
Points |
APR |
Caps |
| 5.875% |
0 |
5.352% |
2/6 |
|
|
30 Year Jumbo Fixed Rate
| Rate |
Points |
APR |
| 6.625% |
0 |
6.629% |
| 6.375% |
1 |
6.475% |
|
3/3 Adjustable Rate
| Rate |
Points |
APR |
Caps |
| 5.99% |
0 |
6.015% |
3/5 |
|
| 15 Year Jumbo Fixed Rate |
|
| Rate |
Points |
APR |
| 6.125% |
0 |
6.131% |
| 5.875% |
1 |
6.037% |
|
|
**Call for a rate quote on all loans over $1,500,000.00
1-800-490-BANK (2265) or (508) 627-4266
Rates subject to change
|
