Maspeth Federal Savings Current Mortgage Rates

We usually write about banks and credit unions advertising the lowest mortgage rates but we came across Maspeth Federal Savings current mortgage rates which are surprisingly well above the national average rates.

In addition to advertising some of the highest mortgage rates, the bank is also requiring a 25% down payment. Except, of course, if you're a first-time home buyer, you might qualify for an FHA mortgage loan.

Loan Type
Purchase    Refinance
Location
State/City    Zip Code
Loan Amt Points FICO % Down
  
$
in 95816, 2, 740    Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
PERIOD_FIXED_30YEARS Mortgage Loan from Quicken Loans NMLS #3030
Quicken Loans NMLS #3030
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111724.gif
300000
Purchase
4.291%
4.125%
USD
Quicken Loans NMLS #3030 Logo
NMLS # 3030
10/23/2019
at 2.000 pts
45 day lock rate
Est payment: $1,454
Fees in APR: $6,000
The Better Business Bureau gives Quicken Loans and A+ for customer service.
 
PERIOD_FIXED_30YEARS Mortgage Loan from Rocket Mortgage
Rocket Mortgage
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111574.gif
300000
Purchase
4.039%
3.875%
USD
Rocket Mortgage Logo
NMLS # 3030
10/23/2019
at 2.000 pts
45 day lock rate
Est payment: $1,411
Fees in APR: $6,000
From the lender: We can close your loan in less than a month!
 
PERIOD_FIXED_30YEARS Mortgage Loan from Rocket Mortgage
Rocket Mortgage
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111574.gif
300000
Purchase
4.039%
3.875%
USD
Rocket Mortgage Logo
NMLS # 3030
10/23/2019
at 2.000 pts
45 day lock rate
Est payment: $1,411
Fees in APR: $6,000
From the lender: We can close your loan in less than a month!
 
PERIOD_FIXED_30YEARS Mortgage Loan from Quicken Loans NMLS #3030
Quicken Loans NMLS #3030
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111724.gif
300000
Purchase
4.291%
4.125%
USD
Quicken Loans NMLS #3030 Logo
NMLS # 3030
10/23/2019
at 2.000 pts
45 day lock rate
Est payment: $1,454
Fees in APR: $6,000
The Better Business Bureau gives Quicken Loans and A+ for customer service.
 

Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.






The bank's current advertised 30 year mortgage rate is 6.00 percent with an annual percentage rate (APR) of 6.008 percent. The current national average 30 year mortgage rate is almost 100 basis points lower at 5.16 percent.

15 year mortgage rates are advertised at 5.50 percent with an APR of 5.51 percent. The 15 year national average mortgage rate is 1.00 percent lower at 4.49 percent.

On the upside, their home equity loans beat the national averages. The bank's current advertised 15 year home equity loan rate is 7.25 percent with an APR of 7.26 percent. The national average rate on 15 year home equity loans is 7.62 percent.

If you're still interested in Maspeth Federal Savings' mortgage rates visit: maspethfederal.com.
 
 
Author: Brian McKay
April 6th, 2010
Posted in: Bank Mortgage Rates