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Mortgage Rates

Mortgage and Home Equity Line / Loan Rates
Effective Date March 8, 2010
Rates Subject to Change Without Notice
Loan Type Rate* Points APR** Minimum Down Payment Estimated payment per $1,000
Conforming Fixed
30 Year Fixed Rates 4.625% 2 4.834% 5% $5.14
4.750% 1 4.880% 5% $5.22
5.000% 0 5.043% 5% $5.37
20 Year Fixed Rates 4.375%   2 4.670% 5% $6.26
4.500% 1 4.676%  5% $6.33
4.750% 0 4.808% 5% $6.46
15 Year Fixed Rates 4.000% 2 4.373% 5% $7.40
4.125% 1 4.347% 5% $7.46
4.250% 0 4.322% 5% $7.52
10 Year Fixed Rates 4.000% 2 4.539% 5%

$10.12
4.125% 1

4.445%

 5% $10.18
4.250% 0 4.354% 5% $10.24

*Rates are based on borrowers opening a First Citizens' Checking account with direct deposit. 
 
Add .50% to each rate tier if borrowers decide not to open a First Citizens' Checking account with direct deposit. 
 
Mass Housing Rates (MHFA) excluded from additional .50% increase in rates.

 for Additional Disclosure Information

New First Mortgage
3/1 ARM Interest Only for 1st 10 Years
with an additional 20 year repayment of principal and interest to maturity		 5.990% 1 4.031% 5% $4.99

2% Adjustment - 6% Life 3% Margin tied to the 1-Year Treasury Bill Margin Affects APR.
APR calculated on fully indexed rate. 
 for Disclosure Information

 
Conforming ARMs
10-30 Year Term - 1/1 ARM 4.000% 2 5.604% 5% $4.77
10-30 Year Term - 1/1 ARM 4.250% 1 5.536% 5% $4.92
10-30 Year Term - 1/1 ARM 4.500% 0 5.469% 5% $5.07
10-30 Year Term - 3/3 ARM 4.125% 2 5.399% 5% $4.85
10-30 Year Term - 3/3 ARM 4.375% 1 5.371% 5% $4.99
10-30 Year Term - 3/3 ARM 4.625% 0 5.344% 5% $5.14
2% Adjustment -6% Life 2.75% on 1/1 & 2.875% Margin on 3/3. Margin Affects APR.
  for Disclosure Information
 
First Time Homebuyers/MassHousing
30 Year Term - Fixed Rate 5.000% 2 5.240% 3% $5.37
30 Year Term - Fixed Rate 5.125% 1 5.276% 3% $5.44
30 Year Term - Fixed Rate 5.375% 0 5.439% 3% $5.60

Call our Mortgage Originators for other MassHousing Specials.
Annual Percentage Rate. All APR's based on $100,000 Loan Amount with 20% Down Payment

 for Disclosure Information

Loan Type Term APR Min/Max Amounts Estimated payment per $1,000
Home Equity Loans - Second Mortgage Fixed
LTV 80%< 1-7 Years 6.25% $5,000 min $14.73
LTV 80%< 8-10 Years 6.50% $5,000 min $11.36
LTV 80%< 11-15 Years 7.00% $5,000 min $8.99

Maximum 80% LTV. Special $99 Closing Costs available on 7 year term. Appraisals required at at fee of $200 to $275 paid by the Borrower(s).
Special closing offers do not include the appraisal fees. 
 for Disclosure Information

 
Convertible Home Equity - Line of Credit
  10-20 Years 3.125%1 $5,000 min  

1Introductory rate. Fixed for 6 months, then Prime Rate + 0% adjusted monthly (Prime Rate is at 3.25%). After 6 months, Prime Rate - .50% with automatic payment from First Citizens' Checking. However, never lower than the floor rate of 5.00%. Free Closing Costs (some restrictions may apply) Property Insurance required. Maximum APR 18%. Appraisals required at fee of $200 to $275 paid by the Borrower(s). Special closing offers do not include the appraisal fees.Please refer to our Disclosure for more information. It's available at any branch, upon request by email or by clicking on the link below.

** Annual Percentage Rate. All APR's based on $100,000 Loan Amount with 20% Down Payment
 for Disclosure Information 

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