Search:

Personal Deposit Rates  Business Deposit Rates  Consumer Loan Rates  Mortgage Rates Deposit Calculator  Loan Calculator  Mortgage Calculator

Mortgage Loan Rates

All rates subject to change at any time - APR may increase after consummation.

1. Fixed Rate Mortgages*
(Effective: Friday, May 18, 2012)
Program
 		Interest Rate
 		Points
 		APR
 		Monthly Payments
per $1000 borrowed
10 Year Mortgages
2.750%
 		1 3.123%
 		$9.54
3.000%
 		0 3.167%
 		$9.66
15 Year Mortgages
3.000%
 		2 3.399%
 		$6.91
3.250%
 		1 3.509%
 		$7.03
3.375%
 		0 3.491%
 		$7.09
30 Year Mortgages
3.750%
 		2 3.977%
 		$4.63
3.875%
 		1 4.022%
 		$4.70
4.000%
 		0 4.066%
 		$4.77
*Jumbo loans (over $417,000) add .25% if 80% LTV or lower - add.50% over 80% LTV.


2. Adjustable Rate Mortgages
(Effective: Friday, May 18, 2012)
Program
 		Interest Rate
 		APY
 		Monthly Payments
per $1000 borrowed
3/1 Adj. Mortgage
2.750%
 		2.911%
 		$4.08
5/1 Adj. Rate Mortgage
2.875%
 		2.934%
 		$4.15


3. Home Equity Fixed Rate
(Effective: Friday, May 18, 2012)
Program
 		Interest Rate
 		APY
 		Monthly Payments
per $1000 borrowed
5 Year Home Equity Loan
3.500%
 		3.500%
 		$18.19
10 Year Home Equity Loan
4.500%
 		4.500%
 		$10.36
15 Year Home Equity Loan
5.500%
 		5.500%
 		$8.17
20 Year Home Equity Loan
6.500%
 		6.500%
 		$7.46


4. Home Equity Line of Credit (HELOC)*
(Effective: Friday, May 18, 2012)
Program
 		Interest Rate
 		Points
20 Year HELOC
(1/4% Below prime rate. )
4.000%
 		0
*10 year draw period, 10 year repayment period. Current rate is greater of 4% or 1/4% below Prime. Prime rate as published in the Wall Street Journal on the 15th of every month.


* Rates subject to change without notice

 
 
SUM MoneyPass Equal Housing Lender - We do business in accordance with the Federal Fair Housing Law and Equal Credit Opportunity Act Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government - NCUA National Credit Union Administration, a U.S. Government Agency MSIC
© 2012 Worcester Credit Union
In Worcester, MA, it is:
Friday, May 18, 2012