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Mortgage Rates

APR = Annual Percentage Rate
Fixed-Rate Conforming | Adjustable Rate Conforming | Investment Property
Fixed-Rate Jumbo | Adjustable Rate Jumbo

DCU Mortgages are available in all 50 states. To get pre-approved for a mortgage, try our online preapproval.
Apply for a mortgage online or by phone at 800/328-8797 and select 3.
Adjustable Rate Conforming and Fixed/Adjustables
Conforming Mortgage rates are effective October 10, 2008 and are subject to change at any time.
Rates apply to loans up to $417,000.
Rate Change Caps – This is the maximum amount interest rates on Adjustable Rate Loans can change up or down. The first number is the amount they can change up or down on the first adjustment date. The second number is the amount they can change each subsequent year on the anniversary date. The third number is the maximum total change, up or down, over the life of the loan.
Term / Property Points Interest Rate APR Initial / Annual / Life Rate Change Caps Margin / Index Estimated Monthly Payment per $1,000
1-Year ARM – 30-year term
Owner occupied, up to 95% of home value
1 points 5.750% 4.61% 2% / 2% / 6% 2.75% / 1.59 $5.84
0 points 6.000% 4.54% 2% / 2% / 6% 2.75% / 1.59 $6.00
3/1 Fixed/Adjustable
30-year term, owner occupied, up to 95% of home value
0.5 points 5.750% 4.78% 2% / 2% / 6% 2.75% / 1.59 $5.84
0 points 6.000% 4.79% 2% / 2% / 6% 2.75% / 1.59 $6.00
5/1 Fixed/Adjustable
30-year term, owner occupied, up to 95% of home value
0.5 points 6.250% 5.16% 2% / 2% / 5% 2.75% / 1.59 $6.16
0 points 6.625% 5.26% 2% / 2% / 5% 2.75% / 1.59 $6.40
Interest-Only 5/1 Fixed/Adjustable
Interest only payments for first 5 years, 30-year term, owner occupied, up to 95% of home value
0.5 points 6.375% 5.21% 2% / 2% / 6% 2.75% / 1.59 $5.31
0 points 6.750% 5.31% 2% / 2% / 6% 2.75% / 1.59 $5.63
7/1 Fixed/Adjustable
30-year term, owner occupied, up to 95% of home value
0.5 points 6.500% 5.53% 5% / 2% / 5% 2.75% / 1.59 $6.32
0 points 6.875% 5.68% 5% / 2% / 5% 2.75% / 1.59 $6.57
10/1 Fixed/Adjustable
30-year term, owner occupied, up to 95% of home value
0.5 points 6.625% 5.94% 5% / 2% / 5% 2.75% / 1.59 $6.40
0 points 7.000% 6.15% 5% / 2% / 5% 2.75% / 1.59 $6.65


Fixed-Rate Conforming and Biweekly Mortgages
Conforming Mortgage rates are effective October 10, 2008 and are subject to change at any time.
Rates apply to loans up to $417,000. Biweekly option is not available on VA and 40-Year Fixed-Rate Loans.
NPNC = No Points, No Closing Costs program. The minimum loan for NPNC is $100,000.
Term / Property Points Interest Rate APR Estimated Monthly Payment per $1,000
40-Year Fixed
Owner occupied, up to 95% of home value
2.125 points 6.750% 6.96% $6.03
1.125 points 7.125% 7.26% $6.31
.125 points 7.500% 7.54% $6.58
NPNC 8.125% 8.13% $7.05
30-Year Fixed
Owner occupied, up to 95% of home value
2 points 6.125% 6.35% $6.08
1 point 6.375% 6.51% $6.24
0 points 6.750% 6.79% $6.49
NPNC 7.500% 7.50% $6.99
20-Year Fixed
Owner occupied, up to 95% of home value
2 points 6.125% 6.43% $7.24
1 point 6.375% 6.55% $7.38
0 points 6.750% 6.80% $7.60
NPNC 7.625% 7.62% $8.13
15-Year Fixed
Owner occupied, up to 95% of home value
2 points 5.875% 6.25% $8.37
1 point 6.125% 6.34% $8.51
0 points 6.500% 6.56% $8.71
NPNC 7.125% 7.12% $9.06
VA Mortgage
30-year term, up to 100% of home value
0 points 6.875% 6.88% $6.57
FHA Mortgage
30-year term, up to 97.75% of home value
0 points 6.875% 6.88% $6.57


Investment Property Loans
Investment Property Loans
Conforming Mortgage rates are effective October 10, 2008 and are subject to change at any time.
Rates apply to loans up to $417,000.
Term / Property Points Interest Rate APR Estimated Monthly Payment per $1,000
30-Year Fixed-Rate – 1-4 family
1.750 points 6.875% 7.09% $6.57
15-Year Fixed-Rate – 1-4 family
1.750 points 6.625% 6.83% $8.78


Fixed/Adjustable Jumbo Mortgages
Jumbo Mortgage rates are effective October 10, 2008 and are subject to change at any time.
Rates apply to loans larger than $417,000.
Rate Change Caps – This is the maximum amount interest rates on Adjustable Rate Loans can change up or down. The first number is the amount they can change up or down on the first adjustment date. The second number is the amount they can change each subsequent year on the anniversary date. The third number is the maximum total change, up or down, over the life of the loan.
Term / Property Points Interest Rate APR Initial / Annual / Life Rate Change Caps Margin / Index Estimated Monthly Payment per $1,000
Jumbo 3/1 Fixed/Adjustable
Owner occupied, up to 95% of home value
.50 point 6.250% 5.00% 2% / 2% / 6% 2.875% / 1.59% $6.16
0 points 6.500% 5.01% 2% / 2% / 6% 2.875% / 1.59% $6.32
Jumbo 5/1 Fixed/Adjustable
Owner occupied, up to 95% of home value
.50 point 6.750% 5.44% 2% / 2% / 5% 2.875% / 1.59% $6.49
0 points 7.125% 5.55% 2% / 2% / 5% 2.875% / 1.59% $6.74
NEW! Interest-Only 5/1 Fixed/Adjustable
Interest only payments for first 5 years, 30-year term, owner occupied, up to 95% of home value
.50 point 6.875% 5.49% 2% / 2% / 6% 2.875% / 1.59% $5.73
0 points 7.250% 5.60% 2% / 2% / 6% 2.875% / 1.59% $6.04
Jumbo 7/1 Fixed/Adjustable
Owner occupied, up to 95% of home value
.50 point 7.000% 5.86% 5% / 2% / 5% 2.875% / 1.59% $6.65
0 points 7.375% 6.01% 5% / 2% / 5% 2.875% / 1.59% $6.91
Jumbo 10/1 Fixed/Adjustable
Owner occupied, up to 95% of home value
.50 point 7.125% 6.33% 5% / 2% / 5% 2.875% / 1.59% $6.74
0 points 7.500% 6.55% 5% 2% / 5% 2.875% / 1.59% $6.99


Fixed-Rate Jumbo and Biweekly Mortgages
Jumbo Mortgage rates are effective October 10, 2008 and are subject to change at any time.
Rates apply to loans larger than $417,000. Biweekly option not available on 40-Year Fixed-Rate Loans
Term / Property Points Interest Rate APR Estimated Monthly Payment per $1,000
Jumbo 40-Year Fixed
Owner occupied, up to 90% of home value
2.125 points 7.250% 7.47% $6.40
1.125 points 7.625% 7.76% $6.67
.125 points 8.000% 8.05% $6.95
Jumbo 30-Year Fixed
Owner occupied, up to 90% of home value
2 points 6.625% 6.86% $6.40
1 point 6.875% 7.01% $6.57
0 points 7.250% 7.29% $6.82
Jumbo 15-Year Fixed
Owner occupied, up to 90% of home value
2 points 6.375% 6.76% $8.64
1 point 6.625% 6.84% $8.78
0 points 7.000% 7.06% $8.99


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