Rates

When shopping for rates, make sure you’re comparing "apples to apples". For instance, don’t price a 30 year fixed rate mortgage at one place and a 5/1 adjustable rate mortgage somewhere else. Also remember that "points" are also referred to as "origination fees" or "discount fees". This is important because some lenders will quote rates with no points, but do have origination or discount fees.

Today's Best Rates from Central Massachusetts Mortgage

Loan Type

Interest Rate

Points

A.P.R.

30 Year Fixed 4.50% 2.00 4.67%
30 Year Fixed 4.75% 1.00 4.84%
30 Year Fixed 5.00% 0.00 5.00%
20 Year Fixed 4.50%    2.00 4.74%
20 Year Fixed 4.75% 1.00 4.87%
20 Year Fixed 5.00% 0.00 5.00%
15 Year Fixed 4.375% 1.00 4...53%
15 Year Fixed 4.625% .375 4.68%
15 Year Fixed 4.75% 0.00 4.75%
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Last Update 04/14/09   @3:30pmt rates on all programs