Tuesday, May 13, 2008
Current Mortgage Rates

Most recently updated companies appear first.

Some lenders may offer discounts to mortgage guide customers so please be sure to let the lenders know that you saw their rates on this newspaper's mortgage guide website.

COMPANY NAME

LOAN TYPE
RATE/PTS
APR/LOCK

LOAN TYPE
RATE/PTS
APR/LOCK

LOAN TYPE
RATE/PTS
APR/LOCK

LOAN TYPE
RATE/PTS
APR/LOCK

LOAN TYPE
RATE/PTS
APR/LOCK

LOAN TYPE
RATE/PTS
APR/LOCK


COMMENTS

NE Community Lending
800-993-1968

Updated:05/13/08

30-yr Fixed
5.7500.125
5.80030

30-yr Fixed
5.6250.750
5..7030

5/1 ARM
5.3750.000
5.40060




This Federally Chartered Bank is Committ
ed to Deep Discounts. Apps taken over
phone or Brookline Closing Office. Close
At Home! True No Cost Closing Option!
130 Longwood Ave., Brookline, MA

Family Federal Savings
800-439-3339

Updated:05/13/08

30-yr Fixed
6.1250.000
6.14060

1st Time 30yr Fix*
6.2500.000
6.25060





<>
No PMI with 10% Down- 1 Loan 1 Low Rate
<>- 62 or older?
Enjoy the value of your home w/o selling
Fitchburg, Stow and Needham, MA
Fees=click here

East Cambridge Savings Bank
617-354-7700

Updated:05/13/08

30-yr Fixed
5.9900.000
6.00460

15-yr Fixed
5.5000.000
5.52360

30-yr Fxd Jumbo
6.5000.000
6.51460

5/1 ARM Jumbo
5.3750.000
4.91860

7/1 ARM Jumbo
5.6250.000
5.13360


We'll work with you to find the
right loan at the right rate. ecsb.com
292 Cambridge St., Cambridge, MA

AAA Southern N.E. Bank
800-446-6997

Updated:05/13/08

30-yr Fixed
6.1250.000
6.18330

15-yr Fixed
5.1252.000
5.52530

30-yr Fxd Jmb/Conf
6.2500.000
6.28830

FHA 30-yr Fxd
6.2500.000
6.27830



Free Homebuyer Seminars: 5/13,5/15,5/20,
5/22,6/4,6/5,6/11,6/17,8/12, 8/26,
9/18. Call 877-888-8609.
110 Royal Little Dr., Providence, RI
Fees=click here

HomeQuest Mortgage, Inc.
508-839-1117

Updated:05/13/08

30-yr Fixed
5.7500.000
5.81730

30-yr Fixed
5.6250.250
5.72230

15-yr Fixed
5.5000.000
5.58830

30-yr Fxd Jumbo
6.7500.000
6.82230

30-yr Fxd No Fees
6.2500.000
6.30230


Visit us @ www.HQWorksForMe.com
FREE Home Value Reports Online
82D Worcester St., N. Grafton, MA
Fees=click here

Digital Federal Credit Union
800-328-8797

Updated:05/13/08

30-yr Fixed
6.1250.000
6.16060

15-yr Fixed
5.7500.000
5.82060

7/1 ARM
5.8750.000
5.34060

5/1 ARM
5.6250.000
5.11060

30-yr Fxd Jumbo
6.1250.000
6.16060


OTHER RATES AND TERMS AVAILABLE.
FOR MORE INFORMATION VISIT dcu.org
220 Donald Lynch Blvd., Marlborough, MA
Fees=click here

Institution for Savings
978-462-2344

Updated:05/13/08

30-yr Fxd Jumbo
6.3750.000
6.40560

15-yr Fixed
5.2500.000
5.31060

30-yr Fixed
5.7500.000
5.76460




The Best Jumbo Rates from a local Bank
Lending in all of Eastern MA
We do not sell your loan! Check all our
low rates @ institutionforsavings.com
81 State St., Newburyport, MA
Fees=click here

First New England Mortgage
617-641-6863

Updated:05/13/08

30-yr Fixed
5.8750.000
5.91630

15-yr Fixed
5.3750.000
5.65130

5/1 ARM Jumbo
5.5000.000
5.55630

7/1 ARM Jumbo
5.6250.000
5.70130



Guaranteed Low and No Closing Cost Opts
No Surprises - 20 Years in New England
Open M-F 9P Sun 11-4p
180 Wells Ave., Newton, MA
Fees=click here

Cambridge Trust Company
617-441-1406

Updated:05/13/08

30-yr Fixed
6.0000.000
6.00560

30-yr Fxd Jumbo
6.5000.000
6.50260

15-yr Fixed
5.6250.000
5.63360

5/1 ARM
5.3750.000
5.06960



Contact Sal Sagarese at 617-441-1406.
Personal service from a local lender.
Visit us at www.cambridgetrust.com .
1336 Massachusetts Ave., Cambridge, MA
Fees=click here

Belmont Savings Bank
617-484-6700

Updated:05/13/08

30-yr Fixed
6.0000.000
6.09330

5/1 ARM Jumbo
5.3750.000
5.09945

30-yr Fxd Jumbo
6.6250.000
6.66345

Treasury HELOC
4.0000.000
4.00045



Call us for details for our many
residential and commercial loan programs
617-972-9174 or 617-484-6700
2 Leonard St., Belmont, MA
Fees=click here

Avon Co-operative Bank
508-586-1355

Updated:05/13/08

30-yr Fixed
5.7502.000
5.94230

5/1 ARM
5.5000.000
5.03860

FTHB 5/1 ARM*
5.250*0.000
4.94360

3/3 ARM
5.2050.000
5.25560



*FTHB 5/1 ARM 10% DOWN..NO MTG INSURANCE
Call Kevin for details at (508) 586-1355
khayes@avonco-operative.com
1 East Main St., Avon, MA
Fees=click here

Metro Credit Union
800-225-5908 x7589

Updated:05/12/08

30-yr Fxd Jumbo
6.5000.000
6.51930

15-yr Fxd Jumbo
5.8750.000
5.90530

20-yr Fxd Bi-wkly
5.7500.000
5.77730

3% Down 30-yr Fxd*
5.8750.000
6.60230



No fee Mortgages Available
Apply at www.metrocu.org
*Income restrictions on 3% down program
200 Revere Beach Pkwy., Chelsea, MA
Fees=click here

Foxboro Federal Savings
877-369-3331

Updated:05/12/08

30-yr Fixed
5.8750.000
5.93045

15-yr Fixed
5.3750.000
5.46045

5/1 ARM
5.5000.000
4.97045

30-yr Fxd Jumbo
6.1250.000
6.14045



Voted #1 Community Bank! Loan Officer
is available at your home or office!
Call or visit WWW.FOXFED.COM
1 Central St., Foxboro, MA
Fees=click here

Abacus Mortgage
877-822-2287

Updated:05/12/08

30-yr Fixed
5.6250.250
5.70230

30-yr Fixed
5.3751.500
5.56530

15-yr Fixed
5.2500.250
5.37830

15-yr Fixed
4.8751.625
5.21530

30-yr Fxd Jumbo
7.2500.250
7.29830


Lock your rate by phone! Visit us on the
web: AbacusMortgage.org
7 Hillside Dr., S. Windsor, CT
Fees=click here

1st Massachusetts Mortgage
800-308-5395

Updated:05/12/08

30-yr Fixed
5.7500.250
5.86530

FHA 30-yr Fxd
6.1250.000
6.21930

15-yr Fixed
5.5000.000
5.65430

30-yr Fixed
5.5001.000
5.68030



SERVING MASSACHUSETTS SINCE 1987. MANY
OTHER PLANS TO CHOOSE FROM INCLUDING
NO CLOSING COSTS PROGRAMS.
157 Main Dunstable Rd., Nashua, NH
Fees=click here

Mortgage Capital, Inc.
877-662-2748

Updated:05/12/08

30-yr Fixed
5.8750.000
5.95430

15-yr Fixed
5.3750.000
5.50630

5/1 ARM Jumbo
5.5000.000
5.87530




Purchase, Refinance, Investors
Conforming rates up to $523,750
MA, NH, ME, CT, RI, VT
Apply @ www.mortgagecapitalinc.com
304 Cambridge Rd., Woburn, MA
Fees=click here

Cambridge Savings Bank
888-418-LOAN

Updated:05/12/08

30-yr Fixed
5.6251.750
5.84660

15-yr Fixed
5.1251.750
5.49360

30-yr Fxd Jumbo
6.0002.000
6.19660

5/1 ARM Jumbo
5.2501.000
4.98060



Work with a local, reliable lender with
consistent high customer service ratings
Visit us at www.cambridgesavings.com
1374 Massachusetts Ave, Cambridge, MA
Fees=click here

Absolute Mortgage Co.
888-90-HOMES

Updated:05/12/08

30-yr Fixed
5.7500.000
5.78030

15-yr Fixed
5.3750.000
5.41030

30-yr Fxd Jumbo
7.6250.000
7.64030

5/1 ARM
5.1250.000
7.07030



CONSISTENTLY AMONG THE LOWEST RATES IN
THE INDUSTRY! $399 Total Bank Fees!!
888-90-HOMES
350 E.Market St., West Chester, PA
Fees=click here

Wellesley Bank
781-235-2550

Updated:05/12/08

30-yr Fixed
5.5002.000
5.71040

15-yr Fixed
5.0002.000
5.35040

30-yr Fxd Jumbo
7.8752.000
8.10040

15-yr Fxd Jumbo
7.1251.000
7.31040



ARM's, super-jumbos, equity loans and
construction loans also available. Call
for additional information.
40 Central St., Wellesley, MA
Fees=click here

AAXA Discount Mortgage
877-728-3569

Updated:05/12/08

30-yr Fixed
5.750*0.000
5.82430

30-yr Fixed
5.500*1.125
5.67630

15-yr Fixed
5.375*0.000
5.49630

15-yr Fixed
5.125*1.000
5.39930

20-yr Fixed
5.625*0.000
5.72330

10-yr Fixed
5.250*0.000
5.42130

*Special rates for Mtge. Guide Customers
Call - 877.RATE.LOW No Application Fees
We Give You Credit For Your Good Credit
www.ForTheBestRate.com
6322 Orleander Dr., Wilmington, NC
Fees=click here

Leader Mortgage Co.
866-439-6327

Updated:05/08/08

30-yr Fixed
5.6251.000
5.75760

30-yr Fxd Jumbo
6.7500.000
6.76760

5/1 ARM Jumbo
5.3750.000
4.58060

Rental Property*
6.375*0.000
6.42130



Loan Officers Available 7 Days a Week.
Fixed Rates are at Historical Lows
Convert your ARM Today *MA Restrictions
180 Massachusetts Ave., Arlington, MA
Fees=click here

Select Financial Mtge Corp.
800-769-4335

Updated:05/08/08

15-yr Fixed
4.8751.875
5.23030

30-yr Fixed
5.2501.875
5.50030


FHA 30-yr Fxd*
5.750*1.000
5.98230

100% LTV 30-yr Fxd
5.7501.000
5.94030


*620 FICO-more programs w/lower scores

WE OFFER 100% NO PMI PROGRAMS CALL AND
SEE IF YOU QUALIFY FOR THE PROGRAM!!
386 Market St., Warren, RI
Fees=click here

Leader Bank, N.A.
781-646-3900

Updated:05/08/08

30-yr Fixed
5.2502.000
5.51630

15-yr Fixed
4.8752.000
5.32530

5/1 ARM
4.7501.000
5.11630

7/1 ARM
5.0001.000
5.18730



Ask about our 1st time home buyer
programs and home equity lines.
Apply online at www.leaderbank.com
141 Massachusetts Ave., Arlington, MA
Fees=click here

Capital City Financial Corp.
800-254-3262

Updated:05/08/08

30-yr Fixed
5.3751.750
5.59030

15-yr Fixed
5.0001.990
5.35030

1-yr ARM
5.1250.750
5.55030




Ask about our No Points & No Closing
cost programs.
2740 Pawtucket Ave., East Providence, RI
Fees=click here

Premiere Mortgage Services
800-480-0545

Updated:05/08/08

15-yr Fixed
4.7501.990
5.11330

30-yr Fixed
5.2501.990
5.46730

30-yr Fxd Jumbo
callnow.000




NO COST LOANS AVAILABLE! STOP SEARCHING
FOR THE LOWEST RATES YOU HAVE FOUND THEM
WWW.BAINMORTGAGE.COM - CLICK ON MTG TIPS
Open 7 Days 978-422-2311
11 Malvern Hill Rd., Sterling, MA
Fees=click here

Patriot Mortgage Company, Inc.
800-499-1776

Updated:05/08/08

30-yr Fixed
5.8750.000
5.93045

15-yr Fixed
5.5000.000
5.58045





Patriot Mortgage was establish in 1992.
Personal service is most important.
FHA & no points/no closing cost programs
Call for personal service @ 800-499-1776
4 Lowell Rd., North Reading, MA
Fees=click here

Andover Mortgage Corp.
978-974-0000

Updated:05/08/08

15-yr Fixed
5.0002.000
5.42130

30-yr Fixed
5.3752.000
5.60130






Ask about No points/No clsg cost program
Call TODAY toll free @ 1-877-425-7632
855 Turnpike St., N. Andover, MA
Fees=click here

Baron Mortgage Corporation
978-744-4100

Updated:05/08/08

30-yr Fixed
5.2502.000
5.86060

15-yr Fixed
4.8752.000
5.53460

30-yr Fxd Jmb/Conf
5.6252.000
6.20960

5/1 ARM
4.7502.000
5.69360



Listed by Money Magazine, Consumer
Reports & Kiplinger's Letter as lender
with the best rates! Baronmortgage.com
4901 SW 80 St., Miami, FL
Fees=click here

Atlantic Home Lending, Inc.
781-821-4111

Updated:05/08/08

30-yr Fixed
5.7500.000
5.84030

15-yr Fixed
5.5000.000
5.60030





INTEGRITY & EXPERIENCE! LENDER = WE CAN
APPROVE & RATE LOCK YOUR LOAN. NO PMI
10% DOWN. GREAT 0 PTS/0 COSTS OPTIONS !
REVERSE MTGS. GET A LOW FIXED RATE!
340 Turnpike St., Canton, MA
Fees=click here

Preferred Mortgage Group
617-964-5254

Updated:05/08/08

30-yr Fixed
5.3751.697
5.64630

5/1 ARM
5.1250.000
5.67830

5/1 ARM Jumbo
call

15-yr Fixed
4.8751.714
5.33330



CALL FOR NO POINTS NO CLOSING NO COSTS
WE NOW DO CONSTRUCTION LOANS!!!
Sundays - 617-797-8679 (www.pmgima.com)
450 Lexington St., Ste. 201, Newton, MA
Fees=click here

Bank of America
800-742-4322

Updated:05/08/08

30-yr Fixed
5.7500.000
5.89530

FHA 30-yr Fxd
6.1250.000
6.79130

MHP- Suffolk Cty
4.7500.000
4.79460

15-yr Fixed
5.3750.000
5.62230

5/1 ARM
5.1250.000
5.32430


First Home Buyer Programs Available
Home Equity Lines & loans- 0 cost
One Federal St., 5th Floor, Boston, MA
Fees=click here
Rates based on $175,000 first mortgage loan for single family home. Jumbo rates (loans that exceed $417,000) or “jumbo-conforming” rates (loans between $417,001 to $729,750 depending on location) based on $450,000 loan. All rates are believed to be accurate but cannot be guaranteed and are subject to change without notice. Minimum downpayment requirements and other restrictions may apply. Due to recent federal legislation, rates and guidelines for some loans in excess of $417,000 may differ from information posted in guide, depending on amount and location. Rates for other loan amounts may also be different than those shown in guide based on factors such as loan-to-value ratios and credit scores. Please check with a selected lender to see how these recent changes may affect you and for all other details. Closing costs may vary. Companies pay a fee to advertise in this Guide. Pts=points, which include origination and discount fees. APR=annual percentage rate and is calculated by each company - includes costs to obtain loan and private mortgage insurance if required. Lock=rate lock period. ARM=adjustable rate mortgage. Fees are estimated costs which may vary from loan to loan. These are not inclusive of all closing costs and do not include points, prepaid interest, title insurance or escrow items. Contact each company for more details.

 

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