Mortgage Rates for July 21, 2022
30 Yr Fixed Rate
5.750% Annual Percentage Rate 5.783%
Based on a $300,000 loan amount with 360 equal payments of $1,750.72
20 Yr Fixed Rate
5.000% Annual Percentage Rate 5.044%
Based on a $300,000 loan amount with 360 equal payments of $1,979.87
15 Yr Fixed Rate
4.875% Annual Percentage Rate 4.930%
Based on a $300,000 loan amount with 360 equal payments of $2,352.89
ARM LOAN RATES
5/1 ARM 3.125% .250 points Annual Percentage Rate 3.484%
Based on loan amount up to $700,000 with 60 equal payments of $2,998.63
7/1 ARM 3.125% .375 points Annual Percentage Rate 3.437%
Based on loan amount up to $700,000 with 84 equal payments of $2,998.63
Maximum Loan Amount $625,000. The rates above are for owner occupied, single family residences. Condominiums are subject to receipt of specific information about the project, such as investor ownership percentages, budget adequacy, etc. Condominium rates with Loan to Values above 75% will generally have an interest rate a ¼ point higher than those stated on our rate sheet.
Credit scores and loan to value have an impact on the rate available to any given borrower.
Your credit score, loan to value and purpose of loan (cash out/rate term refinance) are all important factors in determining your final interest rate.
Rates are subject to change without notice based on daily market conditions.
JUMBO FIXED LOAN RATES (minimum down payment of 10% is required)
30 Yr. Call For Rates
15 Yr. Call For Rates
JUMBO ARM LOAN RATES (minimum down payment of 10% is required)
5/1 ARM 3.375% 0 points Annual Percentage Rate 3.966%
Based on loan amount up to $800,000 with 60 equal payments of $3,536.77
7/1 ARM 3.625% 0 points Annual Percentage Rate 3.981%
Based on loan amount up to $800,000 with 84 equal payments of $3,648.41
Loan Amounts $417,001 - $1,000,000. (Call for quotes on Loan Amounts $1,000,001 - $3,000,000). The Jumbo Loan rates above are for owner occupied, single family residences. Condominiums are subject to receipt of specific information about the project, such as investor ownership percentages, budget adequacy, etc. Condominium rates with Loan to Values above 75% will generally have an interest rate a ¼ point higher than those stated on our rate sheet.
Credit scores and loan to value have an impact on the rate available to any given borrower.
Your credit score, loan to value and purpose of loan (cash out/rate term refinance) are all important factors in determining your final interest rate.
Rates are subject to change without notice based on daily market conditions.
