The Milford Bank Mortgage Rates
The Milford Bank, headquartered in Milford, Connecticut, is advertising some of the best mortgage rates and refinance rates available right now. Milford Bank is conforming mortgage rates, conforming refinance rates, jumbo mortgage rates and jumbo refinance rates.
Conforming mortgage rates and refi rates advertised include fixed and adjustable rates. Jumbo mortgage rates and jumbo refi rates advertised include fixed rates and adjustable rates. The bank has some of the lowest mortgage rates and refinancing rates available right now in Connecticut.
The Milford Bank is also advertising Special Programs mortgage rates including tehir “First Time Buyer” mortgage loan. The current 30 year mortgage rate for the first time home buyer program is 5.125 percent with zero mortgage discount points. 30 year first time home buyer rates are also available at 4.875 percent with 1 mortgage point or 4.625 percent with 2 mortgage points. These are all good deals now that 30 year conforming interest rates are above 5.00 percent.
The Milford Bank is also advertising their “Biweekly Pay” mortgages. The current bi-weekly pay 30 year mortgage rate is 5.375 percent with zero mortgage points. Bi-weekly pay mortgage rates and also available at 5.125 percent with 1 mortgage point and 4.875 percent with 2 mortgage points.
Frankly you would be better off just getting a 30 year mortgage at the lower rate and making two extra mortgage payments a year which will be the same as the bi-weekly payment plan.
Mortgage Rates The Milford Bank
Fixed Conforming Mortgage Rates and Conforming Refinance Rates with Zero Mortgage Discount Points
Adjustable Mortgage Rates and Adjustable Refinance Rates with Zero Mortgage Discount Points
Fixed rates and adjustable rates are also available in different rates and discount point combinations. For a list of current mortgage rates and refinance rates at The Milford Bank visit milfordbank.com.
RatesORama.com Average Mortgage Rates