Mortgage Rates

Refinance Mortgage MA

 

Mortgage Rates MA

 

Massachusetts Mortgage Rates from Cambridge Savings Bank:

 

Rates Effective: April 23, 2014

All Rates Subject to Change Without Notice 

Adjustable Rate Mortgages

 

The following adjustable rate programs are based on a 30 year term.

The rate may increase after the initial period.

 

* Payment amounts on the following products do not include taxes and insurance.

Your payments may be greater.

Purchase 

Transactions

Rate %
20% Down

Term

Points

Monthly

Payment

Per $1,000*

Fully

Indexed

Rate %

Term

Monthly

Payment

Per $1,000*

APR

20% Down

3/1 Year ARM, up to $2,000,000

2.875%***

3 Years

0

$4.15

2.875%

27 Years

$4.15

2.996%

3/1 Year ARM, up to $2,000,000

3.000%

3 Years

0

$4.22

2.875%

27 Years

$4.16

2.988%

5/1 Year ARM, up to $2,000,000

3.000***

5 Years

0

$4.22

2.875%

25 Years

$4.16

3.041%

5/1 Year ARM, up to $2,000,000

3.125%

5 Years

0

$4.29

2.875%

25 Years

$4.17

3.064%

 7/1 Year ARM, up to $2,000,000

3.375%***

7 Years

0

$4.43

2.875%

23 Years

$4.20

3.232%

7/1 Year ARM, up to $2,000,000

3.500%

7 Years

0

$4.50

2.875%

23 Years

$4.22

3.268%

 10/1 Year ARM, up to $2,000,000

 3.875%***

 10 Years

0

$4.71

2.875%

20 Years

$4.30

3.624%

10/1 Year ARM, up to $2,000,000

 4.000%

10 Years

0

$4.78

2.875%

20 Years

$4.32

3.676%

***This reflects a rate discount of .125% which is included as part of a special $895 closing cost package. This special package requires automatic payment from a CSB checking account and a $500 Administration Fee. Fees not spent (Appraisal fee, Credit Report Fee, etc are fees that could be spent) will be refunded to you. Additional fees and closing costs may apply. If AutoPay is discontinued, rate will be increased by .125% rounded up to the nearest .125% for the remaining term of the loan. The discount to rate with AutoPay is also available on other loan products. Please inquire.

 

  

 

Fixed Rate Mortgages

Term

Rate %

25% Down

Points

APR

25% Down

 # of Monthly Payments

 Monthly Payment Per $1,000 Borrowed*

30 Year Fixed Rate Conforming up to $417,000

4.375%

0

4.487%

360

$4.99

20 Year Fixed Rate Conforming up to $417,000

4.125%

0

4.277%

240

$6.13

15 Year Fixed Rate Conforming up to $417,000

3.375%

0

3.567%

 180

$7.09

10 Year Fixed Rate Conforming up to $417,000

3.250%

0

3.527%

120

$9.77

 30 Year Fixed Rate Jumbo $417,001 - $2,000,000

4.250%#

0

4.272%

360

$4.92

30 Year Fixed Rate Jumbo $417,001 - $2,000,000

4.375%

0

4.397%

360

$4.99

20 Year Fixed Rate Jumbo $417,001 - $2,000,000

4.125%#

0

4.155%

240

$6.13

20 Year Fixed Rate Jumbo $417,001 - $2,000,000

4.250%

0

4.280%

240

$6.19

15 Year Fixed Rate Jumbo $417,001 - $2,000,000

3.375%#

0

3.413%

180

$7.09

15 Year Fixed Rate Jumbo $417,001 - $2,000,000

3.500%

0

3.538%

180

$7.15

10 Year Fixed Rate Jumbo $417,001 - $2,000,000

 3.375%#

 0

 3.430%

 120

$9.83

10 Year Fixed Rate Jumbo $417,001 - $2,000,000

 3.500%

 0

 3.555%

 120

$9.89

* Payment amounts on the above products do not include taxes and insurance.  Your payments may be greater.

 

# Reflects discount of .125% with automatic payment from a CSB Checking Account.  If automatic payment is discontinued, the rate will increase by .125% for the remaining term of the loan.

 

Fixed rates above are based upon a primary residence, rate/term refinance or purchase with a loan to value of 75% or less and FICO Score 750 or greater. 

 

  

 

Smart Jumbo Mortgages

Term

Rate %

25% Down

Points

APR

25% Down

 # of Monthly Payments

 Monthly Payment Per $1,000 Borrowed*

30 Year Fixed Rate Smart Jumbo##





 

1st mortgage of $417,000

4.500%

0

4.612%

360

$5.07

2nd mortgage up to $333,000

5.000%

0

5.000%

360

$5.37

15 Year Fixed Rate Smart Jumbo##




 

 

1st mortgage of $417,000

3.500%

0

3.692%

180

$7.15

2nd mortgage up to $333,000

4.000%

0

4.000%

180

$7.40

* Payment amounts on the above products do not include taxes and insurance.  Your payments may be greater.

 

## The Smart Jumbo is a first and second mortgage loan package which offers a discounted rate on the second mortgage. Both loans require AutoPay from a CSB Checking Account. The 2nd mortgage rate is the discounted rate. If AutoPay on the 2nd mortgage is discontinued, the rate will increase by .50% for the remaining term of the loan. Other jumbo and second mortgage rates are available. 80% maximum combined LTV for a purchase, 75% maximum combined LTV for a rate/term refinance and 65% maximum combined LTV for a cash-out refinance.

 

Fixed rates above are based upon a primary residence, rate/term refinance or purchase with a loan to value of 75% or less and FICO Score 750 or greater. 

 

 

SUBJECT TO CREDIT APPROVAL. 

 

Other Information and Products

Other products and rates are available. Ask us for information.

- Non-Owner Occupied Rates: Contact our Mortgage Department for a quote.

- The Fully Indexed Rate is equal to a margin of 2.75% plus the One Year T-bill of 0.11% rounded to the nearest one eighth (1/8th) percent.  T-Bill rate is as of the Friday prior to the date of this rate sheet.

 

Our loans may be serviced by Cambridge Savings Bank or the servicing may be transferred to another company.

 

 

Ready to Apply?

For more information, please call (888) 418-5626 to speak with a Sales and Service Representative.

QUESTIONS? COMMENTS?
- Call CSB at (888) 418-5626.

- For general inquiries, email us here.

- For specific account questions, please login to your WebBank account to send a secure email.

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