Park Bank’s Current Mortgage Rates
Park Bank of Madison, Wisconsin, is currently advertising some of the lowest mortgage rates available. In addition to their advertised mortgage rates, Park Bank says they have over "a thousand mortgage options to choose from." Park Bank's advertised rates include conforming fixed mortgage rates, conforming adjustable mortgage rates and jumbo adjustable mortgage rates.
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Fixed Conforming Mortgage Rates
Park Bank's current 30 year mortgage rate is advertised at 4.75 percent with an annual percentage rate (APR) of 4.78 percent. Park Bank's 30 year mortgage rate beats the current national average 30 year mortgage rate of 4.85 percent.
15 year fixed rate mortgages are advertised at 4.25 percent with an APR of 4.367 percent. The bank's 15 year mortgage rate is just lower than the current national average 15 year mortgage rate of 4.26 percent.
Conforming Adjustable Mortgage Rates
The bank's current conforming adjustable mortgage rates also beat the current national average mortgage rates. Park Bank is currently advertising 3 year adjustable mortgage rates at 4.125 percent with an APR of 4.159 percent. That mortgage rate beats the current national average 3 year adjustable mortgage rate of 4.385 percent.
5 year adjustable mortgage rates at Park Bank are advertised at 3.75 percent with an APR of 3.783 percent. The current national average 5 year adjustable mortgage rate is 3.79 percent.
Jumbo Adjustable Mortgage Rates
The bank is currently offering 10 year jumbo adjustable mortgage rates at 5.25 percent with an APR of 5.264 percent. That jumbo mortgage rate is almost 33 basis points lower than the current national average 10 year jumbo adjustable mortgage rate of 5.578 percent.
Mortgage rates change constantly. For a current list of mortgage rates at Park Bank go to parkbank.com.
Average Mortgage Rates