Mortgage Rates
Adjustable-Rate Mortgages
- For 1-4 family, owner-occupied, primary residences.
- A 30 year amortization period.
- A 2% cap per rate adjustment and 6% lifetime cap.
- Rate lock-in options are available.
- Rates below reflect a discount for making automatic payments from a Brookline Bank account. Without Autopay, rates will increase by 0.25%.
Rates shown below were in effect on February 2, 2012. Payments shown do not include taxes or insurance. Your payment will be greater. Rates change frequently and may have changed from those below. Contact a Brookline Bank mortgage specialist for current rates.
1 APRs reflect a discount for making automatic payments from a Brookline Bank account. Rates and monthly payments will adjust after the third, fifth or seventh year depending on the loan type selected, and each year thereafter. Rate adjustments are capped at 2% per adjustment and 6% for the life of the loan. Adjusted rates are based on an index of the weekly average yield on United States Treasury Securities adjusted to a constant maturity of one year (as published by the Federal Reserve Board in Selected Interest Rates Publication H15) plus a margin of 2.75%. Rates apply to loans for which there is a 20% down payment for purchases or a maximum of 80% financing for refinances. The payment is for monthly principal and interest only for the first three, five or seven years depending on which loan type selected.
2 Fully Indexed rates and and payment examples are estimates of what could apply for the remaining term of the loan based on the current index. Actual interest rates and payments will adjust in accordance with the terms of the loan.
3 Terms for Jumbo ARM amounts in excess of $1,999,999 vary. Speak to a mortgage specialist for more information.
Fixed-Rate Mortgages
- For 1-4 family, owner-occupied, primary residences.
- Rate lock-in options are available.
Please contact a mortgage specialist for our current, low Jumbo mortgage rates.
CONTACT A MORTGAGE SPECIALIST
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Ed Bloom
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Allan Martorana
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Tom McBreen
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(781) 718-8171
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(781) 393-2812
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(617) 730-3521
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NLMS ID: 786205
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NLMS ID: 786204
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NLMS ID: 786203
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