Mortgage Rates

Conforming Mortgage Loans

Product RATE APR
30-Year Fixed 6.625% 6.705%1
15-year Fixed 5.625% 5.746%2

Jumbo Mortgage Loans

Product RATE APR
30-Year Fixed 5.750% 5.807%3
15-Year Fixed 5.000% 5.090%4

Adjustable Rate Mortgages (ARMs)

Product RATE APR
10/6mo 5.375% 5.355%5
5/6mo 4.875% 5.097%6
1Annual Percentage Rate (APR) as of 9/29/22 and subject to change without notice and based on owner-occupied purchase-money transactions including new home purchases and refinances for Massachusetts properties located in Middlesex, Suffolk and Essex counties only. Minimum down payment of 5% required. Down payments less than 20% (including condominiums) require mortgage insurance. Home Owner’s Insurance is required. APR and payment example is based on 20% down. Payment example: based on a $450,000.00 mortgage, 360 monthly principal and interest payments of $2,881.40 (30 year amortization). Payment example does not include taxes, insurance, or amounts for any required mortgage insurance. The actual payment obligation will be higher. All loans are subject to credit and property approval. Other restrictions may apply. Bank’s NMLS ID #441396.

2Annual Percentage Rate (APR) as of 9/29/22 and subject to change without notice and based on owner-occupied purchase-money transactions including new home purchases and refinances for Massachusetts properties located in Middlesex, Suffolk and Essex counties only. Minimum down payment of 5% required. Down payments less than 20% (including condominiums) require mortgage insurance. Home Owner’s Insurance is required. APR and payment example is based on 20% down. Payment example: based on a $450,000.00 mortgage, 180 monthly principal and interest payments of $3,706.79 (15 year amortization). Payment example does not include taxes, insurance, or amounts for any required mortgage insurance. The actual payment obligation will be higher. All loans are subject to credit and property approval. Other restrictions may apply. Bank’s NMLS ID #441396.

3Annual Percentage Rate (APR) as of 9/29/22 and subject to change without notice and based on owner-occupied purchase-money transactions including new home purchases and refinances for Massachusetts properties located in Middlesex, Suffolk and Essex counties only. Minimum down payment of 5% required. Down payments less than 20% (including condominiums) require mortgage insurance. Home Owner’s Insurance is required. APR and payment example is based on 20% down. Payment example: based on a $647,201.00 mortgage, 360 monthly principal and interest payments of $3,776.89 (30 year amortization). Payment example does not include taxes, insurance, or amounts for any required mortgage insurance. The actual payment obligation will be higher. All loans are subject to credit and property approval. Other restrictions may apply. Bank’s NMLS ID #441396.

4Annual Percentage Rate (APR) as of 9/29/22 and subject to change without notice and based on owner-occupied purchase-money transactions including new home purchases and refinances for Massachusetts properties located in Middlesex, Suffolk and Essex counties only. Minimum down payment of 5% required. Down payments less than 20% (including condominiums) require mortgage insurance. Home Owner’s Insurance is required. APR and payment example is based on 20% down. Payment example: based on a $647,201.00 mortgage, 180 monthly principal and interest payments of $5,118.02 (15 year amortization). Payment example does not include taxes, insurance, or amounts for any required mortgage insurance. The actual payment obligation will be higher. All loans are subject to credit and property approval. Other restrictions may apply. Bank’s NMLS ID #441396.

5Annual Percentage Rate (APR) as of 9/29/22 and subject to change without notice and based on owner-occupied purchase-money transactions including new home purchases and refinances for Massachusetts properties located in Middlesex, Suffolk and Essex counties only. Minimum down payment of 5% required. Down payments less than 20% (including condominiums) require mortgage insurance. Home Owner’s Insurance is required. APR and payment example is based on 20% down payment. Payment examples do not include taxes, insurance, or amounts for any required mortgage insurance, and the actual payment obligation will be higher. (10/6mo) Payment example: for a $450,000 mortgage, 120 monthly principal and interest payments of $2,519.87. Based on a 30 year amortization, the new monthly principal and interest payments would be as follows: $3,664 in year eleven and for the remaining term of the loan. The interest rate on this loan can change after remaining fixed for the first ten years. After the initial ten years, the interest rate could go up by 5% in the eleventh year (10.375%) which is the max rate the loan could reach for the remainder of the loan. The index is the Secured Overnight Financing Rate (“SOFR”) as published by the Federal Reserve Bank of New York. The Bank’s margin is 2.75%. The caps on the interest rate are 1.00% semi-annually and 5.00% over the life of the loan. All loans are subject to credit approval. Bank NMLS ID #441396.

6Annual Percentage Rate (APR) as of 9/29/22 and subject to change without notice and based on owner-occupied purchase-money transactions including new home purchases and refinances for Massachusetts properties located in Middlesex, Suffolk and Essex counties only. Minimum down payment of 5% required. Down payments less than 20% (including condominiums) require mortgage insurance. Home Owner’s Insurance is required. APR and payment example is based on 20% down payment. Payment examples do not include taxes, insurance, or amounts for any required mortgage insurance, and the actual payment obligation will be higher. (5/6mo) Payment example: for a $450,000 mortgage, 60 monthly principal and interest payments of $2,381.44. Based on a 30 year amortization, the new monthly principal and interest payments would be as follows: $3,146 in year six, $3,691 in year seven and for the remaining term of the loan. The interest rate on this loan can change after remaining fixed for the first five years. After the initial five years, the interest rate could go up by 2% in the sixth year (6.875%), in the seventh year (8.875%) and in the eighth year and for the remainder of the loan (9.875%). The index is the Secured Overnight Financing Rate (“SOFR”) as published by the Federal Reserve Bank of New York. The Bank’s margin is 2.75%. The caps on the interest rate are 1.00% semi-annually and 5.00% over the life of the loan. All loans are subject to credit approval. Bank NMLS ID #441396.