Home Mortgage Rate Tables
Additional mortgage products and programs available; call 877-MY-METRO ext. 7589.
Conventional Fixed Rate Mortgage Programs 
Home Mortgage Loans up to $417,000
| Term | Points | Interest Rate | APR* | Cost per $1000 |
| 10 Year Fixed | 0 | 3.625 | 3.89 | 9.95 |
| 10 Year Fixed | 2 | 3.375 | 4.06 | 9.83 |
| 15 Year Fixed | 0 | 3.750 | 3.93 | 7.33 |
| 15 Year Fixed | 2 | 3.500 | 3.98 | 7.21 |
| 20 Year Fixed | 0 | 4.250 | 4.39 | 6.19 |
| 20 Year Fixed | 2 | 4.000 | 4.38 | 5.99 |
| 30 Year Fixed | 0 | 4.375 | 4.48 | 4.99 |
| 30 Year Fixed | 2 | 4.000 | 4.28 | 4.77 |
Closing Fees apply to above rates. No closing cost programs available. Stated rates are for applicants with excellent credit, other rates are available.
Jumbo Fixed Rate Mortgage Programs
Home Mortgage Loans $417,000 up to $900,000
| Term | Points | Interest Rate | APR* | Cost per $1000 |
| 15 Year Fixed | 0 | 4.625 | 4.67 | 7.71 |
| 30 Year Fixed | 0 | 5.125 | 5.13 | 5.44 |
Closing Fees apply to above rates. No closing cost programs available. Stated rates are for applicants with excellent credit, other rates are available.
First Step Mortgage Program
| Household Income | Points | Interest Rate | APR | Cost per $1000 |
| 80% AMI | 0 | 4.000 | 4.11 | 4.77 |
| 100% AMI | 0 | 4.125 | 4.29 | 4.85 |
Fixed Rate mortgage for first time homebuyers' primary residence. Financing up to 97% for single family and 95% for 2 units. No points, no mortgage insurance, and reduced closing costs. Income limitations and other terms and conditions apply. 30 year term required.
| Term | Points | Interest Rate | APR** | Cost per $1000 |
| 30 Years | 0 | 5.250 | 5.26 | 5.52 |
Owner occupied property. FICO score 700, 1 unit only. Maximum financing: 95% Loan-to-value/Cumulative LTV up to $417,000, 90% up to $625,000. Purchase and Rate & Term Refinances only; Metro refinances not eligible.
*Annual Percentage Rate (APR) based on 20% down payment. Owner occupied 1-4 units. Property must be located in the state of Massachusetts or within 100 miles from Chelsea, MA. Rates are not guaranteed until rate lock form is processed and approved. Rates subject to change without notice. Rates are determined by applicants' personal credit history. Credit and collateral subject to approval. Additional restrictions may apply.
For a customized rate quote, click here.
MassHousing, FHA, and VA Approved Home Mortgage Lender.
