Conventional Mortgages as of October 12, 2016
ProgramsRateAPR*Est. Payment/$1,000
30 Year Fixed4.000%4.180%$4.77
25 Year Fixed4.000%4.208%$5.28
20 Year Fixed3.750%3.998%$5.93
15 Year Fixed3.250%3.564%$7.03
10 Year Fixed3.250%3.707%$9.77
10/1 Year Adjustable3.500%3.480%$4.49
5/1 Year Adjustable3.125%3.320%$4.28
1/1 Year Adjustable2.875%3.380%$4.49

Adjustable Rate Mortgage Facts

*Adjustable=30 Years

*Estimate includes principal and interest only.

**The rates are for loans in the range of $35,000 to $417,000. Owner-occupied 1-4 family properties within New York State only. ** All Annual Percentage Rates are based on a 20% down payment and amortized over the maximum term. Other options available.

APR=Annual Percentage Rate

APY=Annual Percentage Yield