Mortgage Rates

Conventional Loans

Loan Term Loan Amount Interest Rate APR AS LOW AS* Payment Example
30-year $225,000 6.875% 6.977% $1,478.09
20-year $225,000 6.875% 7.008% $1,727.58
15-year $225,000 6.50% 6.661% $1,959.99

*APR=Annual Percentage Rate. Rates as of 5/7/2024, however, mortgage rates are subject to change daily. Interest rate would be based on current day pricing when locking the rate with an originator. Minimum 5% down payment required. Owner-Occupied Single-Family Residence Homes only. Payment example is based on a home with a $300,000 purchase price and a 25% down payment. Interest rates and payment examples shown are based on a credit score of 780. Loan payment amount does not include monthly taxes and insurance and your actual payment may be greater. Offer and rates subject to change. Loan subject to underwriting and credit approval. Additional restrictions apply.

Conventional Adjustable Rate Mortgages (ARM)
Fixed Term Loan Amount Interest Rate APR AS LOW AS* Payment Example
3 years $225,000 7.07% 7.026% $1,507.52
5 years $225,000 6.97% 7.135% $1,492.40
7 years $225,000 6.87% 6.658% $1,477.34
10 years $225,000 6.82% 6.984% $1,469.83

*APR=Annual Percentage Rate. Rates as of 3/11/2024, however, mortgage rates are subject to change daily. These mortgages have an initial period with a fixed rate, then a variable rate that can increase or decrease annually for the rest of the 30-year term. Minimum 5% down payment required. Loan payment amount does not include monthly taxes and insurance and your actual payment may be greater. Interest rates and payment examples shown are based on a credit score of 780. The principal and interest portion of your payment may be higher at the beginning of each new ARM term based on market conditions. Owner-Occupied Single-Family Residence Homes only. Loan subject to underwriting, private mortgage insurance and credit approval. Additional restrictions may apply.