Southbridge Credit Union based in Southbridge, Massachusetts, is offering some of the lowest
mortgage rates currently available anywhere in MA. To give you an example right now the national average conforming 30 year mortgage rate is at 3.69 percent but Southbridge is advertising conforming 30 year mortgage rates and refinance rates at 3.50 percent with zero mortgage points.
You probably won't find any credit union or bank mortgage rates lower than this rate with zero points for a 30 year loan.
Wow, that is a really good rate, you can find other lenders offering 30 year mortgage rates today at 3.50 percent but you'll have to pay points up front. Points allow you to get a lower mortgage rate or refinance rate by paying money at closing. One point is equal to one percent of the loan.
Southbridge Credit Union is also offering other fixed conventional mortgage rates including 20 year mortgage rates which are currently at 3.375 percent also with zero points. Like I always say if you can afford the higher mortgage payments each month that come with a shorter term loan you should go for it.
15 year mortgage rates today at Southbridge Credit Union are even lower than 30 year rates and 20 year rates. Current mortgage rates on 15 year conforming loans are advertised at 2.875 percent with zero mortgage points.
Today's mortgage rates on 10 year fixed rate mortgages are advertised at 2.99 percent with zero points. Most people won't be able to afford a 10 year loan but if you can the amount of money you'll save as compared to a 30 year loan is unbelievable.
If you want an even lower rate you can also get mortgage rate quotes from Southbridge Credit Union by contacting them directly.
Southbridge Credit Union has adjustable mortgages available with some of the best rates around. For example, current mortgage rates on 1 year adjustable home loans are advertised at 2.375 percent. 3 year rates are advertised at 2.875 percent.
5 year adjustable rates are advertised at 3.25 percent and 7 year adjustable rates are advertised at 3.50 percent. All the adjustable home loans are amortized over a 30 year period. There are also annual caps of 2 percent and lifetime caps of 6 percent.
As with any credit union you'll have to join to apply for a loan and as with any credit union membership isn't opened to everybody. Membership in the Southbridge Credit Union is available to people, businesses and organizations that are either residing, working or operating within the Massachusetts counties of Worcester, Bristol, Franklin, Hampshire, Norfolk, Hampden and Middlesex, and within a 25-miles radius of our the credit union's main branch in Southbridge.
The lenders whose rates and other terms appear on this chart are ICBs advertising partners they provide their rate information to our data partner RateUpdatecom Unless adjusted by the consumer advertisers are sorted by APR lowest to highest For any advertising partners that do not provide their rate they are listed in advertisement display units at the bottom of the chart Advertising partners may not pay to improve the frequency priority or prominence of their display The interest rates annual percentage rates and other terms advertised here are estimates provided by those advertising partners based on the information you entered above and do not bind any lender Monthly payment amounts stated do not include amounts for taxes and insurance premiums The actual payment obligation will be greater if taxes and insurance are included Although our data partner RateUpdatecom collects the information from the financial institutions themselves the accuracy of the data cannot be guaranteed Rates may change without notice and can change intraday Some of the information contained in the rate tables including but not limited to special marketing notes is provided directly by the lenders Please verify the rates and offers before applying for a loan with the financial institution themselves No rate is binding until locked by a lender
Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes or insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details.
Mortgage Rates November 29, 2023
30-Year Fixed FHA
7.250%
9.002%
0.000
30-Year Fixed
8.375%
8.498%
0.000
30-Year Fixed
8.250%
8.411%
0.000
5/6M SOFR ARM
8.250%
8.361%
0.000
20-Year Fixed
8.150%
8.354%
0.000
5Y/6M ARM
8.000%
8.348%
0.991
10Y/6M ARM
8.000%
8.295%
0.812
5-Year ARM FHA
6.625%
8.277%
2.000
1-Year ARM
6.750%
8.270%
0.000
5-Year Jumbo ARM
6.125%
8.242%
2.000
5-Year ARM
6.500%
8.213%
2.000
7Y/6M ARM
7.750%
8.176%
0.842
10-Year ARM
8.000%
8.174%
0.000
5/1 ARM
7.500%
8.051%
0.950
30-Year Fixed
8.000%
8.000%
0.000
10/1 Jumbo ARM
7.625%
7.975%
0.990
7-Year ARM
7.500%
7.959%
0.000
30-Year Fixed
7.875%
7.957%
0.250
15-Year Fixed VA
6.750%
7.929%
2.000
15-Year Fixed FHA
6.750%
7.929%
2.000
30-Year Fixed FHA
6.990%
7.913%
2.000
30-Year Jumbo Fixed
7.750%
7.911%
1.000
30-Year Fixed FHA
6.990%
7.907%
2.000
20-Year Fixed
7.625%
7.906%
0.512
30 Year Fixed
7.625%
7.891%
0.958
5/6 ARM
7.625%
7.884%
0.000
30-Year Fixed
7.750%
7.833%
0.000
7/1 ARM
7.250%
7.815%
0.715
5/1 Jumbo ARM
6.875%
7.764%
0.700
30-Year Fixed Jumbo
7.750%
7.760%
0.000
20-Year Fixed
7.500%
7.747%
0.000
15-Year Fixed
7.500%
7.746%
0.000
30-Year Fixed
7.625%
7.740%
0.000
20-Year Fixed
7.500%
7.735%
1.000
30-Year Fixed
7.375%
7.725%
2.125
5/6 Month ARM
6.750%
7.710%
1.000
5/1 ARM Jumbo
7.000%
7.705%
0.000
30-Year Fixed Jumbo
7.250%
7.700%
0.500
5/6 ARM
6.750%
7.700%
0.500
30-Year Fixed
7.500%
7.691%
0.000
15-Year Fixed
7.500%
7.682%
0.000
30-Year Fixed
7.500%
7.682%
1.000
30-Year Fixed
7.625%
7.669%
0.000
5/1 ARM
6.875%
7.668%
0.000
5/6 ARM Jumbo
6.750%
7.640%
0.500
10/6 ARM
7.250%
7.640%
0.000
7/6 ARM
7.000%
7.632%
0.000
7/6 Month ARM
7.000%
7.627%
1.000
15-Year Fixed
7.625%
7.625%
0.000
3-Year ARM
7.000%
7.605%
0.000
5-Year ARM
7.250%
7.600%
0.000
10-Year Fixed
7.250%
7.591%
0.000
7/6-Month ARM
6.750%
7.591%
1.000
7/1 ARM
7.000%
7.577%
0.000
30-Year Fixed
7.500%
7.577%
0.000
30-Year Fixed FHA
6.750%
7.572%
1.000
7/1 ARM Jumbo
6.999%
7.570%
0.000
10/6 ARM
7.125%
7.560%
0.500
15-Year Fixed
7.375%
7.558%
0.000
30-Year Fixed
7.375%
7.524%
1.000
10-Year Fixed
7.125%
7.524%
1.000
7/6 ARM
6.750%
7.520%
0.500
30-Year Fixed
7.250%
7.520%
0.955
30-Year Fixed
7.500%
7.514%
0.000
30-Year Fixed
7.500%
7.512%
0.000
15-Year Fixed
7.375%
7.505%
0.000
30-Year Fixed
7.350%
7.500%
0.750
10/6 ARM Jumbo
7.125%
7.500%
0.500
30-Year Fixed
7.125%
7.489%
2.000
15-Year Fixed
7.250%
7.480%
0.000
30-Year Fixed
7.375%
7.462%
0.000
20-Year Fixed Jumbo
7.250%
7.462%
0.740
7/6 ARM Jumbo
6.750%
7.460%
0.500
15-Year Fixed
7.375%
7.444%
0.000
30-Year Fixed
3.375%
7.442%
0.000
10/1 ARM
6.875%
7.439%
0.740
30-Year Fixed FHA
6.750%
7.436%
2.000
30-Year Fixed VA
6.750%
7.436%
2.000
7/6-Month ARM Jumbo
6.625%
7.430%
1.000
30-Year Fixed VA
6.875%
7.427%
2.000
30-Year Fixed
7.375%
7.424%
0.000
7/1 Jumbo ARM
6.500%
7.406%
0.590
30-Year Fixed
7.250%
7.393%
0.000
30-Year Fixed
7.250%
7.385%
0.000
30-Year Fixed
7.300%
7.381%
0.000
15-Year Fixed
7.350%
7.379%
0.000
5/1 ARM
6.125%
7.371%
0.000
30-Year Fixed
7.250%
7.361%
0.000
20-Year Fixed
7.250%
7.354%
0.000
30-Year Fixed
7.250%
7.343%
1.000
30-Year Fixed
7.125%
7.334%
1.000
30-Year Fixed
7.250%
7.322%
0.000
30-year Fixed
7.250%
7.320%
0.500
30-Year Fixed
7.125%
7.316%
0.000
30-Year Fixed
6.990%
7.310%
2.125
30-Year Fixed Jumbo
7.250%
7.298%
0.000
30-Year Fixed Jumbo
7.125%
7.279%
0.665
10/6 Interest Only Jumbo ARM
6.750%
7.276%
1.000
15-Year Fixed Jumbo
7.125%
7.270%
0.500
20-Year Fixed Jumbo
7.125%
7.260%
0.500
20-Year Fixed
6.875%
7.256%
1.875
5/1 ARM
5.500%
7.250%
0.000
15-Year Fixed
7.125%
7.246%
0.000
15-Year Fixed
7.125%
7.240%
0.500
30-Year Fixed
7.000%
7.224%
1.000
15-Year Fixed
7.000%
7.220%
1.000
15-Year Fixed
7.000%
7.215%
0.000
15-Year Fixed
6.875%
7.215%
1.000
30-Year Fixed
7.000%
7.204%
1.000
30-Year Fixed
7.125%
7.197%
0.000
15-Year Fixed
7.000%
7.188%
0.625
10-Year Fixed
6.875%
7.187%
0.000
7/1 ARM
7.000%
7.186%
0.000
20-Year Fixed
7.000%
7.181%
0.000
15-Year Fixed Jumbo
6.875%
7.165%
0.925
10-Year Fixed
7.000%
7.160%
0.500
30-Year Fixed
6.990%
7.145%
0.688
20-Year Fixed
7.125%
7.141%
0.000
20-Year Fixed
7.000%
7.139%
0.000
15-Year Fixed
6.625%
7.099%
0.955
15-Year Fixed
6.875%
7.098%
0.000
15-Year Fixed
6.875%
7.092%
0.875
20-Year Fixed
7.000%
7.092%
0.000
15-Year Fixed
6.750%
7.084%
1.000
30-Year Fixed
7.000%
7.070%
0.000
15-Year Fixed
6.990%
7.067%
0.000
15-Year Fixed
7.000%
7.054%
0.000
15-Year Fixed
6.750%
7.029%
1.000
30-Year Fixed
6.875%
7.020%
1.000
15-Year Fixed
6.875%
7.013%
0.000
15-Year Fixed
6.875%
6.997%
0.000
30-Year Fixed
6.875%
6.988%
0.000
15-Year Fixed
6.750%
6.984%
1.000
5-Year ARM
6.750%
6.983%
0.000
20-Year Fixed
6.875%
6.970%
0.500
15-Year Fixed
6.375%
6.961%
2.125
30-Year Fixed
6.625%
6.944%
2.000
15 Year Fixed Jumbo
6.750%
6.943%
1.000
30-Year Fixed
6.740%
6.924%
0.000
15-Year Fixed
6.750%
6.917%
0.000
15 Year Fixed
6.500%
6.889%
0.844
15-Year Fixed
6.375%
6.871%
2.000
30-Year Fixed Jumbo
6.625%
6.869%
2.000
30 Year Jumbo Fixed
6.625%
6.869%
2.000
15-Year Fixed
6.750%
6.865%
0.000
30-Year Fixed Jumbo
6.625%
6.856%
1.250
30 Year Fixed Jumbo
6.750%
6.856%
1.000
20-Year Fixed
6.750%
6.839%
0.000
15-Year Fixed Jumbo
6.625%
6.826%
0.250
30-Year Fixed VA
6.500%
6.824%
1.000
15-Year Fixed
6.500%
6.795%
0.000
15-Year Fixed
6.750%
6.772%
0.000
10-Year Fixed
6.375%
6.768%
0.882
15-Year Fixed
6.250%
6.765%
2.000
30-Year Fixed
6.650%
6.750%
0.000
30-Year Fixed Jumbo
6.500%
6.722%
2.000
20-Year Fixed
6.625%
6.713%
0.601
15-Year Fixed
6.375%
6.653%
0.879
30-Year Fixed
6.250%
6.647%
1.000
15-Year Fixed
6.500%
6.609%
0.000
30-Year Fixed Jumbo
6.490%
6.575%
1.000
15-Year Fixed
6.375%
6.574%
0.250
30-Year Fixed FHA
5.625%
6.567%
1.125
15-Year Fixed Jumbo
5.875%
6.514%
2.000
30-Year Fixed
6.625%
6.474%
0.250
30-Year Fixed Jumbo
6.625%
6.474%
0.025
7/1 ARM
6.500%
6.218%
0.000
3/5 Jumbo ARM
5.000%
6.063%
0.250
3/5 Conforming ARM
5.000%
6.053%
0.250
5/5 Jumbo ARM
5.250%
5.989%
0.250
5/5 ARM
5.250%
5.989%
0.250
3/1 ARM
6.000%
5.892%
0.000
The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed.