Mortgage Rates

Conforming Mortgage Rates

Type
Rate
Term
Points
Monthly Payment / $10,000*
APR1 (based on $200,000, 20% down)
Minimum Down
Time Initial Rate is Fixed
Adjustment After Initial Period
First Adjusted Interest Rate
Max Lifetime Cap
Type: 30 Yr. Fixed Rate
Rate: 2.625%
Term: 30 Yr.
Points: 2.000%
Monthly Payment / $10,000*: $40.17
APR1 (based on $200,000, 20% down): 2.823%
Minimum Down: 5%
Time Initial Rate is Fixed: n/a
Adjustment After Initial Period: n/a
First Adjusted Interest Rate: n/a
Max Lifetime Cap: n/a
Type: 30 Yr. Fixed Rate
Rate: 3.125%
Term: 30 Yr.
Points: 0.000%
Monthly Payment / $10,000*: $42.84
APR1 (based on $200,000, 20% down): 3.167%
Minimum Down: 5%
Time Initial Rate is Fixed: n/a
Adjustment After Initial Period: n/a
First Adjusted Interest Rate: n/a
Max Lifetime Cap: n/a
Type: 15 Yr. Fixed Rate
Rate: 2.250%
Term: 15 Yr.
Points: 1.750%
Monthly Payment / $10,000*: $65.51
APR1 (based on $200,000, 20% down): 2.577%
Minimum Down: 5%
Time Initial Rate is Fixed: n/a
Adjustment After Initial Period: n/a
First Adjusted Interest Rate: n/a
Max Lifetime Cap: n/a
Type: 15 Yr. Fixed Rate
Rate: 2.750%
Term: 15 Yr.
Points: 0.000%
Monthly Payment / $10,000*: $67.86
APR1 (based on $200,000, 20% down): 2.827%
Minimum Down: 5%
Time Initial Rate is Fixed: n/a
Adjustment After Initial Period: n/a
First Adjusted Interest Rate: n/a
Max Lifetime Cap: n/a
Type: 3/1 ARM**
Rate: 2.490%
Term: 30 Yr.
Points: 1.000%
Monthly Payment / $10,000*: $39.46
APR1 (based on $200,000, 20% down): 3.205%
Minimum Down: 5%
Time Initial Rate is Fixed: 3 Yrs.
Adjustment After Initial Period: 1 Yr.
First Adjusted Interest Rate: 3.250%
Max Lifetime Cap: 8.490%
Type: 5/1 ARM**
Rate: 2.625%
Term: 30 Yr.
Points: 1.000%
Monthly Payment / $10,000*: $40.17
APR1 (based on $200,000, 20% down): 3.155%
Minimum Down: 5%
Time Initial Rate is Fixed: 5 Yrs.
Adjustment After Initial Period: 1 Yr.
First Adjusted Interest Rate: 3.250%
Max Lifetime Cap: 7.625%
Type: 7/1 ARM**
Rate: 2.740%
Term: 30 Yr.
Points: 1.000%
Monthly Payment / $10,000*: $40.77
APR1 (based on $200,000, 20% down): 3.137%
Minimum Down: 5%
Time Initial Rate is Fixed: 7 Yrs.
Adjustment After Initial Period: 1 Yr.
First Adjusted Interest Rate: 3.250%
Max Lifetime Cap: 7.740%

Jumbo Mortgage Rates

Type
Rate
Term
Points
Monthly Payment / $10,000*
APR1 (based on $750,000, 20% down)
Minimum Down
Time Initial Rate is Fixed
Adjustment After Initial Period
First Adjusted Interest Rate
Max Lifetime Cap
Type: 30 Yr. Fixed Rate***
Rate: 3.625%
Term: 30 Yr.
Points: 0.000%
Monthly Payment / $10,000*: $45.61
APR1 (based on $750,000, 20% down): 3.637%
Minimum Down: 20%
Time Initial Rate is Fixed: n/a
Adjustment After Initial Period: n/a
First Adjusted Interest Rate: n/a
Max Lifetime Cap: n/a
Type: 15 Yr. Fixed Rate
Rate: 3.125%
Term: 15 Yr.
Points: 0.000%
Monthly Payment / $10,000*: $69.66
APR1 (based on $750,000, 20% down): 3.146%
Minimum Down: 10%
Time Initial Rate is Fixed: n/a
Adjustment After Initial Period: n/a
First Adjusted Interest Rate: n/a
Max Lifetime Cap: n/a
Type: 3/1 ARM**
Rate: 2.740%
Term: 30 Yr.
Points: 0.000%
Monthly Payment / $10,000*: $40.77
APR1 (based on $750,000, 20% down): 3.150%
Minimum Down: 10%
Time Initial Rate is Fixed: 3 Yrs.
Adjustment After Initial Period: 1 Yr.
First Adjusted Interest Rate: 3.250%
Max Lifetime Cap: 8.740%
Type: 5/1 ARM**
Rate: 2.875%
Term: 30 Yr.
Points: 0.000%
Monthly Payment / $10,000*: $41.49
APR1 (based on $750,000, 20% down): 3.132%
Minimum Down: 10%
Time Initial Rate is Fixed: 5 Yrs.
Adjustment After Initial Period: 1 Yr.
First Adjusted Interest Rate: 3.250%
Max Lifetime Cap: 7.875%
Type: 7/1 ARM**
Rate: 2.990%
Term: 30 Yr.
Points: 0.000%
Monthly Payment / $10,000*: $42.11
APR1 (based on $750,000, 20% down): 3.142%
Minimum Down: 10%
Time Initial Rate is Fixed: 7 Yrs.
Adjustment After Initial Period: 1 Yr.
First Adjusted Interest Rate: 3.250%
Max Lifetime Cap: 7.990%
Contact us and we’ll answer your questions.

1APR= Annual Percentage Rate; Effective January 25, 2021 and subject to change without notice. The featured interest rates and APRs are based on a loan amount of $548,250 for conforming and $750,000 for jumbo, with a 60 day rate lock period, a minimum credit score of 740 and Loan to Value (LTV) ratio of 80% to purchase a 1 unit owner occupied, single family dwelling. Rates are subject to change without notice. Rates, points and APR will vary based on loan amount, credit score, lock period, LTV, property type, loan type and loan purpose. Loans with LTV ratios above 80% may have higher APRs and will require Private Mortgage Insurance (PMI). Homeowner insurance required. Flood insurance may be required. Fees could range from $500 to $1,500 and include a credit report, appraisal, lien search, flood search, recording and satisfaction fees. Subject to credit approval.  *Any projected payments do not include amounts for taxes and insurance premiums; if applicable, the actual payment obligation will be greater.  **ARM =Adjustable Rate Mortgage; The APR, interest rate and principal and interest payment for ARM loans are subject to increase and will change after the initial period due to market-driven changes to the index. The ARM rate index is the London Interbank Offered Rate (LIBOR). ***30YR Fixed Jumbo is Purchase or Construction Perm only.  Ephrata National Bank, Member FDIC. Equal Housing Lender.