Mortgage Rates

Looking to buy a home or refinance? We probably have the solution you’re looking for. Take a look at our most current home loan rates.

Printer Friendly Rates

  • Fixed Rate Mortgages

    Fixed Rate Mortgage - Conforming (up to $424,100)1,2

    Product

    Rate
    (as low as)

    Discount
    Points
    APR
    (as low as)

    Payment Per
    $1,000

    10 Year 3.25% 0 3.3823 $9.77
    15 Year 3.30% 0 3.3914 $7.05
    20 Year 3.75% 0 3.8249 $5.93
    30 Year 3.975% 0 4.0296 $4.76

    Fixed Rate Mortgage - High Balance (up to $636,150)2

    Product

    Rate
    (as low as)

    Discount
    Points
    APR
    (as low as)

    Payment Per
    $1,000

    15 Year 3.625% 0 3.7192 $7.21
    30 Year 4.200% 0 4.2561 $4.89

    Fixed Rate Mortgage - 30 Year HARP (up to $636,150)3

    Product

    Rate
    (as low as)

    Discount
    Points
    APR
    (as low as)

    Payment Per
    $1,000

    UP TO 125% LTV 4.250% 0 4.2925 $4.92
    OVER 125% LTV 4.250% 0 4.2925 $4.92

    Home Equity Loans Fixed Rate 2nd 4

    Product

    Rate
    (as low as)

    Discount
    Points
    APR
    (as low as)

    Payment Per
    $1,000

    15 Year 5.500% 0 5.8695 $8.17
    20 Year 5.750% 0 6.0454 $7.02

    1 FIXED RATE rates and APRs based on an owner-occupied, single family home, a loan amount of $424,100 (conforming) or $636,150 (high balance), a maximum LTV of 97% on purchases and 95% on refinances, a credit score above 640, 1.000 points paid and approximate pre-paid finance charges of $2,092. A ‘zero’ point option is available.

    2 For FIXED RATE non-owner-occupied property, add 1.000% to interest rate and add 0.500 to points. Not all products are available for non-owner-occupied properties.

    3 If your mortgage is owned or guaranteed by Fannie Mae, you may be eligible to refinance your mortgage under the enhanced and expanded provisions of the Home Affordable Refinance Program (HARP). Loan amounts up to $636,150, no maximum loan-to-value (LTV). Loan available for owner- and non-owner-occupied residences. Existing loan must have been delivered to Fannie Mae before June 1, 2009. You can determine whether your mortgage is owned by either Freddie Mac or Fannie Mae by checking the following websites: www.freddiemac.com/mymortgage or www.fanniemae.com/loanlookup. Please note CBC FCU refinances ONLY Fannie Mae mortgages. No cash out. 30-day rate lock not available.

    4 Rates and APRs based on an owner-occupied, single family home, a loan amount of $50,000, a maximum LTV of 80%, credit score above 640 and approximate pre-paid finance charges of $100. Call for non-owner-occupied rates and fees.

    Rates are subject to change without notice. These mortgage rates apply only with certain conditions. Your rate depends on several factors including market conditions, property type, loan purpose, credit score and loan-to-value. The displayed annual percentage rates (APRs) include total points and prepaid finance charges but do not include other closing costs. Loans over 80% LTV require private mortgage insurance.

    Rates are not automatically locked in at time of application. Loan rate locks can be requested in writing after your loan has been pre-approved by CBC FCU. Other restrictions may apply. Call for details.

  • Adjustable Rate Mortgages (ARM)

    Conforming/No Closing Costs 5/1 ARM (up to $424,100)

    Product Rate APR Points Margin Index Caps Est Payment Per
    $1,000
    5/1 3.250% 3.7853% 0 2.25% 1.8209% 5/2/5 $4.35
    7/1 3.375% 3.7587% 0 2.25% 1.8209% 5/2/5 $4.42

    High Balance/No Closing Costs 5/1 ARM (up to $636,150)

    Product Rate APR Points Margin Index Caps Est Payment Per
    $1,000
    5/1 3.375% 3.8163% 0 2.25% 1.8209% 5/2/5 $4.42
    7/1 3.500% 3.8039% 0 2.25% 1.8209% 5/2/5 $4.49

    Jumbo (up to $4,000,000)

    Product Rate APR Points Margin Index Caps Est Payment Per
    $1,000
    5/1 3.500% 3.8383% 0 2.25% 1.8209% 5/2/5 $4.49
    7/1 3.625% 3.8402% 0 2.25% 1.8209% 5/2/5 $4.56

    Conforming (up to $424,100)

    Product Rate APR Points Margin Index Caps Est Payment Per
    $1,000
    5/5 3.625% 4.3956% 0 2.75% 2.060% 5/2/5 $4.56

    Jumbo (up to $1,000,000)

    Product Rate APR Points Margin Index Caps Est Payment Per
    $1,000
    5/5 3.750% 4.4171% 0 2.75% 2.060% 5/2/5 $4.63

    Home Equity Line of Credit3

    2.99% 6 Month Intro Rate! Rate APR* Payment Per
    $1,000
    CLTV < 70% Prime + 0 0 pts 4.25% 4.25% $7.52
    CLTV 70.01%-80% Prime + .50 0 pts 4.75% 4.75% $7.78
    CLTV 80.01%-90% Prime + 1.50 0 pts 5.75% 5.75% $8.30

    Estimated payment examples do not include property tax, insurance, or HOA fees, so your actual payment will be higher. Rates are not automatically locked in at time of application. Loan rate locks can be requested in writing after your loan has been pre-approved by CBC FCU. Other restrictions may apply. Call for details.

    1 LIBOR Adjustable Rate Mortgage (ARM): The estimated payment is based on an owner occupied 30 year, 5 or 7 year ARM at 80% loan-to-value (LTV). After the initial 5 years, the rate may adjust annually by no more than 5%. The maximum lifetime adjustment is 5%. Maximum 95% LTV on conforming and high balance purchases and 95% LTV on refinances. No Closing Cost offer is available for purchases and external refinances on the 5/1 ARM excluding Jumbo 5/1 ARM.For more information click here.

    2 CMT Adjustable Rate Mortgage (ARM): The estimated payment is based on an owner occupied 30 year, 5 year ARM at 80% LTV. After the initial 5 years, the rate may adjust every 5 years by no more than 5%. • The maximum lifetime cap is 5%. Maximum 95% LTV on conforming and high balance purchases and 95% LTV on refinances.

    3 Home Equity Line of Credit (HELOC): The Prime Rate as of Sept. 30, 20 17 was 4.25%.
    • This is a variable rate loan with a floor of 4% and cap of 14%
    • Rates quoted are for owner occupied single family homes
    • No Closing Cost, but a $500 Early Closure Reimbursement fee is in effect for 36 months to reimburse the credit union if the HELOC is closed.

    Call for non-owner-occupied rates and fees.