RateAPY

Home State Finance Offers 30 Year Fixed Rate Mortgage at 4.789% APR

Posted by: RateAPY Bank Rates News
February 25th, 2010

Low mortgage interest rates continue to be a bright spot in the U.S. economy. These historically low rates are increasing the affordability of home purchases and allowing homeowners a chance to refinance and save money on the home they already own.

Massachusetts residents can work with local mortgage lender Home State Mortgage to purchase or refinance their home. This lender, which operates only in Massachusetts, offers a variety of mortgage programs with low or zero closing costs.

Loan Product/Rate/Points/APR

30-Year Fixed/4.625%/1/4.789% APR

30-Year Fixed/4.875%/0/4.907% APR

30-Year Fixed-Zero Closing Costs/5.125%/0/5.125%APR

FHA 30-Year/4.750%/1/4.987%APR

FHA 30-Year/5.125%/0/5.212% APR

15-Year Fixed/4.250%/0/4.308% APR

5/1 ARM, Interest-Only/4.000%/9/4.102% APR

5/1 ARM/3.750%/0/3.806% APR

7/1 ARM/3.625%/1/3.709% APR

7/1 ARM/4.125%/0/4.201% APR

Comparing mortgage interest rates, points and fees online can be the quickest way to save money on your mortgage and find the right loan program for you.