Mortgage Rates

Turn to Charles River Bank for powerful mortgage solutions to borrow, purchase, build, or refinance a home.

Conventional Mortgage Rates

Mortgage Program	Points	Interest Rate	APR*	$ Per $1000
30 Year Fixed	2	4.750%	4.966%	$5.22
30 Year Fixed	1	4.875%	5.003%	$5.29
30 Year Fixed	0	5.000%	5.040%	$5.37
30 Year Fixed - 1st-time homebuyer	0	4.875%	4.914%	$5.29
20 Year Fixed	2	4.500%	4.792%	$6.33
20 Year Fixed	1	4.625%	4.798%	$6.39
20 Year Fixed	0	4.750%	4.803%	$6.46

15 Year Fixed	2	3.875%	4.242%	$7.33
15 Year Fixed	1	4.000%	4.216%	$7.40
15 Year Fixed	0	4.125%	4.192%	$7.46

10 Year Fixed	0	3.875%	3.971%	$10.07
5/1 Year Adjustable - 30 Year Mortgage**	0	3.875%	4.514%	$4.70
5/1 Year Adjustable - 30 Year Mortgage ** - 1st-time homebuyer	0	3.750%	4.468%	$4.63

*Annual Percentage Rate (APR) as of 5/20/22 and is subject to change without notice. APR assumes a single-family, owner-occupied purchase or refinance with 25% equity and a loan amount of $100,000. Payment amounts shown do not include taxes and insurance premiums. Subject to credit approval. Rates can change at any time.

**5/1 ARM with No PMI. The APR may increase during the life of the loan. At the time of an interest rate change, the new interest rate will be determined by adding the Index at the time (1 Year Treasury rate) to the Margin (2.75%), rounded to the nearest one-eighth percentage point. Each interest rate adjustment is limited to 2% from the current interest rate, with a total adjustment over the life of the loan limited to 6% from the original Note rate. For investment properties, please add 0.50% to the interest rate.

Mortgage Type

Type	Maximum Amount***
One Unit	$647,200.00
Two Units	$828,700.00
Three Units	$1,001,650.00
Four Units	$1,244,850.00

For more information, or to apply now, visit our Online Mortgage Center.

***Limits vary per State/Country

Government Mortgage Programs

Government Mortgage Rates

Mortgage Program	Points	Interest Rate	APR*	$ Per $1000
Mass Housing - 30 Year Mortgage	0	4.125%	4.178%	$4.85

*Annual Percentage Rate (APR) as of 05/11/20 and is subject to change without notice. APR assumes a single family, owner occupied purchase. All borrowers must be a First Time Homebuyer and may not own any other real estate. The completion of a homebuyer education course will be required. MassHousing's income and acquisition costs limits apply. Payment amounts shown do not include taxes and insurance premiums. Subject to credit approval. Rates can change at anytime.

Jumbo Mortgages

Jumbo Mortgage Rates - CALL FOR RATES

Jumbo Mortgage Loan	Term in Years	Points	Interest Rate	APR	$ per $1000
Jumbo Loan Rate - Fixed

Subject to credit approval. ***CALL FOR RATES***

Personal Connections. Powerful Solutions.

To find out how your neighbors at Charles River Bank can help you achieve all your financial goals, visit one of our offices, use our contact form, or call us at (508) 533-8661.