| Product |
Term |
Mortgage Rate |
APR1 as low as |
| 15 Year Fixed Mortgage2 |
180 mos. |
6.000% |
6.240% |
| 20 Year Fixed Mortgage3 |
240 mos. |
6.500% |
6.695% |
| 30 Year Fixed Mortgage4 |
360 mos. |
6.500% |
6.648% |
| 3/1 ARM5 |
360 mos. |
6.340% |
7.892% |
| 5/1 ARM6 |
360 mos. |
6.440% |
7.659% |
| 7/1 ARM7 |
360 mos. |
6.640% |
7.548% |
| 3/3 ARM8 |
360 mos. |
6.590% |
6.769% |
| 5/5 ARM9 |
360 mos. |
6.790% |
6.736% |
| 10/1 ARM10 |
360 mos. |
7.000% |
7.558% |
Mortgage rates effective 11:10 am on Wednesday, December 27, 2023
1 APR = Annual Percentage Rate. Rates, terms, and conditions are subject to change and may vary based on creditworthiness, qualifications, and collateral conditions. All loans are subject to approval. Above rates available on conventional owner-occupied single-family purchases and refinances. Rates for First Time Home Buyer, second/vacation home loans, and loans over $726,200 will be higher. Discount points are available to reduce your rate. Payments stated include principal and interest only and does not include tax or insurance, your actual payment may be larger. No pre-payment penalty. The annual percentage rate is the cost of credit over the loan expressed as an annual rate. APR may vary. The final APR will be based on the final loan amount and applicable finance charges. Loans with over 80% loan-to-value require Private Mortgage Insurance (PMI) and the APR may be subject to increase. The closing costs are estimates only.
2 A $200,000 mortgage loan with $3,044.75 closing costs will have a monthly payment of $1,687.72 for 180 months.
3 A $200,000 mortgage loan with $3,044.75 closing costs will have a monthly payment of $1,491.15 for 240 months.
4 A $200,000 mortgage loan with $3,044.75 closing costs will have a monthly payment of $1,264.14 for 360 months.
5 A $200,000 mortgage loan with $3,044.75
closing costs will be paid in 360 monthly installments. The payment will be $1,243.17 for the first 36 months. The interest rate may change on the three-year anniversary date of the loan closing and then on that day every 12th month thereafter based on the one-year Constant Maturity Treasury (CMT). The maximum rate change per adjustment is 1% and the maximum lifetime interest rate change is 6%. The payment of $2,011.80 is the maximum loan payment amount.
6 A $200,000 mortgage loan with $3,044.75 closing costs will be paid in 360 monthly installments. The payment will be $1,256.25 for the first 60 months. The interest rate may change on the five-year anniversary date of the loan closing and then on that day every 12th month thereafter based on the one-year Constant Maturity Treasury (CMT). The maximum rate change per adjustment is 1% and the maximum lifetime interest rate change is 6%. The payment of $1,983.43 is the maximum loan payment amount.
7 A $200,000 mortgage loan with $3,044.75 closing costs will be paid in 360 monthly installments. The payment will be $1,282.61 for the first 84 months. The interest rate may change on the seven-year anniversary date of the loan closing and then on that day every 12th month thereafter based on the one-year Constant Maturity Treasury (CMT). The maximum rate change per adjustment is 1% and the maximum lifetime interest rate change is 6%. The payment of $1,968.56 is the maximum loan payment amount.
8 A $200,000 mortgage loan with $3,044.75 closing costs will be paid in 360 monthly installments. The payment will be $1,276.00 for the first 36 months. The interest rate may change once every third year based on the three-year Constant Maturity Treasury (CMT). The maximum rate change per adjustment is 2% and the maximum lifetime interest rate change is 6%. The payment of $2,043.33 is the maximum loan payment amount.
9 A $200,000 mortgage loan with $3,044.75 closing costs will be paid in 360 monthly installments. The payment will be $1,302.52 for the first 60 months. The interest rate may change once every fifth year based on the five-year Constant Maturity Treasury (CMT). The maximum rate change per adjustment is 2% and the maximum lifetime interest rate change is 6%. The payment of $1,982.33 is the maximum loan payment amount.
10 A $200,000 mortgage loan with $3,044.75 closing costs will be paid in 360 monthly installments. The payment will be $1,330.60 for the first 120 months. The interest rate may change on the ten-year anniversary date of the loan closing and then on that day every 12th month thereafter based on the one-year Constant Maturity Treasury (CMT). The maximum rate change per adjustment is 1% and the maximum lifetime interest rate change is 6%. The payment of $1,950.33 is the maximum loan payment amount.