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Mortgage Rates

Mortgages Points Rate Annual Percentage Rate
CONFORMING - 10 YEAR FIXED RATE 0 3.375% 3.438%
CONFORMING - 15 YEAR FIXED RATE 0 3.375% 3.418%
CONFORMING - 20 YEAR FIXED RATE 0 3.875% 3.909%
CONFORMING - 30 YEAR FIXED RATE 0 3.990% 4.015%
CONFORMING - 3/1 ARM 0 3.125% 3.359%
CONFORMING - 5/1 ARM 0 3.125% 3.317%
CONFORMING - 7/1 ARM 0 3.500% 3.444%
CONFORMING - 10/1 ARM 0 3.875% 3.663%
JUMBO - 3/1 ARM 0 3.375% 3.393%
JUMBO - 5/1 ARM 0 3.250% 3.357%
JUMBO - 7/1 ARM 0 3.625% 3.476%
JUMBO - 10/1 ARM 0 4.000% 3.719%

NOTE: POSTED RATES MAY BE HIGHER FOR ALL PROGRAMS DUE TO PRICING ADJUSTMENTS
 
ARMS HAVE A MARGIN OF 2.250% AND A CURRENT 1 YEAR LIBOR INDEX AS PUBLISHED BY THE WALL STREET JOURNAL
 
INVESTMENT PROPERTIES - 1 POINT FEE
 
CERTAIN LTV RESTRICTIONS APPLY ON JUMBO AND CASH-OUT LOANS
 
RATES SUBJECT TO CHANGE WITHOUT NOTICE

LOAN AMOUNTS GREATER THAN 1 MILLION, CALL MORTGAGE DEPARTMENT FOR A RATE QUOTE (908) 688-9500
 
*APR's calculated with a base loan of $250,000 for conforming limits, $417,001 for high balance, $1,000,000 for jumbo.  All at 80% LTV or Less.  Loan programs in excess of 80% LTV are considered.  Please inquire for Rates, APR's and program options.  Subject to Credit Approval.  Offer may be withdrawn without notice.
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