DCU - Mortgage Rates

Adjustable Rate Conforming (ARM) and Fixed/Adjustable Mortgages

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

4.125%

3.20%

2% / 2% / 6%

2.75% / 0.31%

$4.85

0 points

5.125%

3.19%

2% / 2% / 6%

2.75% / 0.31%

$5.44

3/1 Fixed/Adjustable
30-year term, owner occupied, up to 95% of home value

0.5 points

4.250%

3.35%

2% / 2% / 6%

2.75% / 0.31%

$4.92

0 points

4.500%

3.36%

2% / 2% / 6%

2.75% / 0.31%

$5.07

5/1 Fixed/Adjustable
30-year term, owner occupied, up to 95% of home value

0.5 points

4.000%

3.42%

2% / 2% / 5%

2.75% / 0.31%

$4.77

0 points

4.250%

3.47%

2% / 2% / 5%

2.75% / 0.31%

$4.92

7/1 Fixed/Adjustable
30-year term, owner occupied, up to 95% of home value

0.5 points

5.000%

4.03%

5% / 2% / 5%

2.75% / 0.31%

$5.37

0 points

5.250%

4.11%

5% / 2% / 5%

2.75% / 0.31%

$5.52

10/1 Fixed/Adjustable
30-year term, owner occupied, up to 95% of home value

0.5 points

5.125%

4.42%

5% / 2% / 5%

2.75% / 0.31%

$5.44

0 points

5.375%

4.54%

5% / 2% / 5%

2.75% / 0.31%

$5.60

Fixed-Rate Conforming

Conforming Mortgage rates are effective February 8, 2010 and are subject to change at any time. Rates locked in today for 60 days have an expiration date of April 9, 2010.
Rates apply to loans up to $417,000. Option is not available on VA 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

30-Year Fixed
Owner occupied, up to 95% of home value

2 points

4.750%

4.96%

$5.22

1 point

4.875%

4.99%

$5.29

0 points

5.125%

5.16%

$5.44

NPNC

5.750%

5.75%

$5.84

20-Year Fixed
Owner occupied, up to 95% of home value

2 points

4.625%

4.91%

$6.39

1 point

4.750%

4.91%

$6.46

0 points

5.000%

5.04%

$6.60

NPNC

5.625%

5.62%

$6.95

15-Year Fixed
Owner occupied, up to 95% of home value

2 points

4.125%

4.48%

$7.46

1 point

4.250%

4.45%

$7.52

0 points

4.500%

4.56%

$7.65

NPNC

5.125%

5.12%

$7.97

VA Mortgage
30-year term, up to 100% of home value

0 points

5.625%

5.62%

$5.76

FHA Mortgage
30-year term, up to 96.5% of home value

0 points

5.375%

5.37%

$5.60

Investment Property Loans

Term / Property

Points

Interest Rate

APR

Estimated Monthly Payment per $1,000

30-Year Fixed-Rate – 1-4 family

1.750 points

5.250%

5.44%

$5.52

15-Year Fixed-Rate – 1-4 family

1.750 points

4.500%

4.82%

$7.65

Fixed/Adjustable Jumbo Mortgages

Jumbo Mortgage rates are effective February 8, 2010 and are subject to change at any time. Rates locked in today for 60 days have an expiration date of April 9, 2010.
Rates apply to loans larger than $417,000. Further restrictions apply for loan amounts over $417,000 such as credit score, LTV, etc.

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 90% of home value

.50 point

4.875%

3.59%

2% / 2% / 6%

2.875% / 0.31%

$5.29

0 points

5.125%

3.60%

2% / 2% / 6%

2.875% / 0.31%

$5.44

Jumbo 5/1 Fixed/Adjustable
Owner occupied, up to 90% of home value

.50 point

4.000%

3.50%

2% / 2% / 5%

2.875% / 0.31%

$4.77

0 points

4.250%

3.55%

2% / 2% / 5%

2.875% / 0.31%

$4.92

Jumbo 7/1 Fixed/Adjustable
Owner occupied, up to 90% of home value

.50 point

5.625%

4.41%

5% / 2% / 5%

2.875% / 0.31%

$5.76

0 points

5.875%

4.50%

5% / 2% / 5%

2.875% / 0.31%

$5.92

Jumbo 10/1 Fixed/Adjustable
Owner occupied, up to 90% of home value

.50 point

5.750%

4.88%

5% / 2% / 5%

2.875% / 0.31%

$5.84

0 points

6.000%

5.01%

5% / 2% / 5%

2.875% / 0.31%

$6.00

Fixed-Rate Jumbo

Term / Property

Points

Interest Rate

APR

Estimated Monthly Payment per $1,000

Jumbo 30-Year Fixed
Owner occupied, up to 90% of home value

2 points

6.000%

6.22%

$6.00

1 point

6.125%

6.26%

$6.08

0 points

6.375%

6.41%

$6.24

Jumbo 15-Year Fixed
Owner occupied, up to 90% of home value

2 points

4.125%

4.48%

$7.46

1 point

4.250%

4.45%

$7.52

0 points

4.500%

4.56%

$7.65