Conventional Fixed Rate Mortgage Rates

Rates effective as of June 26th, 2015.

Conventional Fixed Rate Mortgage

Conventional Fixed Rate MortgageRatesPointsAPR
30 Year 4.125 0 4.147
30 Year 4.000 0.5 4.064
30 Year 3.875 1 3.980
25 Year Bi-Weekly 3.875 0 3.892
20 Year 3.875 0 3.905
20 Year 3.750 0.5 3.838
20 Year 3.625 1 3.770
15 Year 3.250 0 3.288
15 Year 3.125 0.5 3.236
15 Year 3.000 1 3.183
10 Year 3.000 0 3.055
10 Year 2.875 0.5 3.035
10 Year 2.750 1 3.016
7 Year 2.875 0 2.947

My Community MortgageRatePointsAPR
30 Year 4.500 0.0 4.522

On a 30 year mortgage, with 0 points, for $165,000.00 with an interest rate of 4.125% (4.147% APR) and a minimum down payment of 20% ($206,250 purchase price with $41,250 down payment), the principal and interest payment would be $799.67 per month. (An application fee of $425.00 is included when calculating the APR.)

Minimum loan amount: $25,000

Maximum conforming loan amount: $417,000

For Jumbo loans (over $417,000), add 0.50% to conventional rates

Rates subject to change without notice

All loans subject to secondary market underwriting requirements

Contact Solvay Bank Mortgage Department for further details at 315-484-2205.