Canton, NY Mortgage Rates and Refinance Rates

Canton, New York Mortgage Rates - Refinance Rates

Canton, NY: Search and compare mortgage rates and refinance rates in Canton, NY. Our rate table has a list of Canton, New York mortgage interest rates and mortgage refinance rates. You can also use our free mortgage calculator to calculate monthly mortgage payments. When you start your search for current mortgage rates you need to first have an understanding of the types of mortgages available and their corresponding interest rates. Types of rates available in Canton, NY include conforming mortgage rates, super conforming rates, jumbo rates, adjustable rates, HELOC rates and home equity loan rates. There are variations of each type of mortgage available in Canton, NY listed below.

Loan Type
Purchase    Refinance
Location
State/City    Zip Code
Loan Amt Points FICO % Down
  
$
15 yr fixed refi in 12211, All points, Credit score: 740+     Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
Sebonic Financial Logo
NMLS # 66247
(877) 661-8303
at 2.000 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: None
 
 
Next button
Sebonic Financial Logo
NMLS # 66247
(877) 661-8303
at 1.000 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: None
 
 
Next button
Sebonic Financial Logo
NMLS # 66247
(877) 661-8303
at 0.000 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: $895
 
 
Next button
Eastern Bank
3.221%
12/17/2014
3.125%
at 0.000 pts
60 day lock rate
Est payment: $1,393.22
Fees in APR: $1,320
 
 
Citizens Bank
3.555%
12/18/2014
3.500%
at 0.000 pts
60 day lock rate
Est payment: $1,429.77
Fees in APR: $753
 
 
HSBC Bank USA, N.A.
3.331%
12/17/2014
3.280%
at 0.000 pts
60 day lock rate
Est payment: $1,408.26
Fees in APR: $705
 
 
KeyBank
3.345%
12/17/2014
3.280%
at 0.000 pts
45 day lock rate
Est payment: $1,408.26
Fees in APR: $901
 
 
TD Bank, NA
3.760%
12/19/2014
3.688%
at 0.000 pts
60 day lock rate
Est payment: $1,448.30
Fees in APR: $982
 
 

Mortage Data Provided by Bankrate.com Many lenders have different rates on their own Websites than those posted on Bankrate.com. In order to get the Bankrate.com rate, please identify yourself as a Bankrate.com customer. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the lender you choose, please click here.

The rates above were collected by Bankrate.com on the dates specified. Rates are subject to change without notice and may vary from branch to branch. Rate/APR and terms may vary based on the creditworthiness of the individual and the extent to which the loan differs from the one used for Bankrate.com quotes. For criteria used in surveys of rates above, click here. These quotes are from banks, thrifts, and brokers, some of whom have paid for a link to their own Web site, where you can find additional information.





Canton, NY Conforming Mortgage Rates

Conforming mortgage rates are rates on mortgages that meet the criteria set out by the Federal Housing Finance Agency. There are limits set for each county of New York. There are higher mortgage loan limits for designated high-cost areas, like on the coasts and in large cities.

Canton, NY mortgages that “conform” to the standards set out by the Federal Housing Finance Agency can be purchased by Freddie Mac and Fannie Mae. This process guarantees banks are able to resell Canton, NY mortgage loans that have been made. As a result, Canton, NY mortgage rates today are lower than jumbo interest rates in Canton, NY. Conforming mortgages and jumbo mortgages are available in terms of 40 years, 30 years, 25 years, 20 years, 15 years and 10 years.

Canton, NY Super Conforming Home Loan Rates

Super conforming mortgages in Canton, NY are mortgages that have higher mortgage loan amounts but still “conform” to the standards set by the Federal Housing Finance Agency. Super conforming mortgages are available for the higher cost housing areas like the coasts and in large cities.

Canton, NY Jumbo Loan Interest Rates

Canton, NY jumbo mortgage rates are rates for mortgage loans that have a dollar amount higher than conforming and super conforming loan amounts. Jumbo home loan rates in Canton, NY are usually 0.75 basis points higher than conforming interest rates in Canton, NY because there is no guarantee banks and credit unions can sell these mortgages after they make the loans.

Canton, NY Fixed Rate Mortgages

Fixed rate mortgages are the most common mortgage available in Canton, NY. The mortgage rate and the monthly payment stay the same for the entire life of the mortgage loan. This makes fixed rate mortgages the most stable and predictable for mortgagees.

Canton, NY Adjustable Interest Rates

Canton, NY adjustable mortgages have a fixed mortgage rate for a certain number of years and then the mortgage rate adjusts every year after the initial period. There are usually yearly caps and life time caps on how much the mortgage interest rate and fluctuate. Your monthly mortgage payment will be lower at first but can rise when mortgage rates rise. Adjustable mortgages are available in terms of 1 year, 3 years, 5 years, 7 years and 10 years.

Canton, NY Interest Only Home Mortgage Rates

Canton, NY interest only mortgages are mortgages that the borrower pays only the interest on the principal balance or a set period of time. After the initial period the mortgagee pays both interest and principal. Interest only (IO) mortgages were popular during the housing boom.

Canton, NY FHA Mortgage Mortgage Rates

Borrowers in Canton, NY must meet certain requirements established by FHA to qualify for a mortgage insured by the FHA. FHA mortgage interest rates in Canton, NY are usually lower than conforming mortgage interest rates because mortgage lenders bear less risk because FHA will pay the lender if a homeowner defaults on his or her mortgage loan.


Google Map for Canton, NY Rates & Resources


Canton FDIC Insured Banks

Bank Name

FDIC Cert Number

Address

Community Bank, National Association

6989 45-49 Court Street, Canton, NY 13617

Community Bank, National Association

6989 80 Main Street, Canton, NY 13617

Community Bank, National Association

6989 Www.Communitybankna.com, Canton, NY 13617

KeyBank National Association

17534 125 East Main Street, Canton, NY 13617

NBT Bank, National Association

7230 5 Park Place, Canton, NY 13617

The North Country Savings Bank

16030 1 Millennium Way, Canton, NY 13617

The North Country Savings Bank

16030 127 Main Street, Canton, NY 13617