Mortgage Rates as of June 14, 2010
Mortgage Program
Interest Rate
Fully Indexed
Rate
APR*
Monthly Payment
Per Thousand
30 Year Fixed
No Points
4.625%
30 Year Term
--
4.657%
$5.14 - 360 payments of $1,645
15 Year Fixed
No Points
4.125%
15 Year Term
--
4.181%
$7.46 - 180 payments of $2,387
5/1 ARM
No Points
3.500%
5 Year Term
3.500%
25 Year Term
3.528%
$4.49 - 60 payments of $1,436
$4.50 - 300 payments of $1,438
5/1 Jumbo ARM
No Points
4.000%
5 Year Term
3.75%
25 Year Term
3.854%
$4.77 - 60 payments of $3,342
$4.65 - 300 payments of $3,255
*Annual Percentage Rate. Rates effective publication date and subject to change without notice. 30 Year Fixed, 15 Year Fixed & 5/1 ARM rates applicable for conforming loans on single family properties; examples based on a loan amount of $320,000 with 20% down payment. 5/1 Jumbo ARM rates applicable for non-conforming loans on single family properties; examples based on a loan amount of $700,000 with 30% down payment. Above payments do not include taxes or insurance. Your payment will be greater. ARM rates may change after consummation. Subject to credit approval.
For more information, please contact
Colleen Toner, Broker 617-438-7878