Cambridge Bank Mortgage Rates Compared and Analyzed

Cambridge Bank offers a range of mortgage rates to suit different needs and financial situations.

For a 30-year fixed mortgage, Cambridge Bank's rates are highly competitive, with a current rate of 3.75% APR. This rate is significantly lower than the national average.

With a 15-year fixed mortgage, Cambridge Bank's rate is 2.75% APR, making it an attractive option for those looking to pay off their mortgage quickly.

Cambridge Bank also offers adjustable-rate mortgages, with rates starting at 2.5% APR for a 5/1 ARM.

A different take: Mortgage Rates Two Year Low

Cambridge mortgage rates are currently competitive, with some lenders offering attractive deals. The Cambridge Building Society has cut its rates by up to 0.7 per cent on its purchase products.

A 30-year fixed-rate mortgage in Cambridge, MA currently has an APR of 7.103%. This is based on data from a local lender, which also offers a 15-year fixed-rate mortgage at 6.294% APR.

Some lenders have introduced fee-free mortgages at 75 per cent, 80 per cent, 85 per cent, and 90 per cent LTV. For example, the Cambridge Building Society offers a two-year fixed rate at 3.39 per cent for 75 per cent LTV.

Here is a summary of current mortgage rates in Cambridge, MA:

Remember to check with local lenders for the most up-to-date information and to compare rates before making a decision.

The APR for a 30-year fixed-rate mortgage in Cambridge, MA is 7.103%. This is a significant factor to consider when deciding on a mortgage, as it affects the total cost of borrowing.

A 20-year fixed-rate mortgage has an APR of 7.130%, which is slightly higher than the 30-year option. This is likely due to the shorter loan term.

For a 15-year fixed-rate mortgage, the APR is 6.294%, which is significantly lower than the longer-term options. This makes sense, as the borrower is committing to pay off the loan in a shorter period.

The APR for a 10-year fixed-rate mortgage is 6.372%, which is similar to the 15-year option. This suggests that the lender is offering a competitive rate for borrowers who want to pay off their loan quickly.

Here are the APRs for the different mortgage options:

The APR for a 30-year fixed-rate FHA mortgage is 7.060%, while the APR for a 30-year fixed-rate VA mortgage is 6.620%. These rates are competitive with the other options listed.

Today's rate in Cambridge, MA is a crucial factor to consider when thinking about a mortgage. Today's mortgage rates in Cambridge, MA are 7.103% for a 30-year fixed, 6.294% for a 15-year fixed, and 7.286% for a 5-year adjustable-rate mortgage (ARM).

See what others are reading: Mortgage Rates Have Fallen Back below 7

Cambridge Building Society has cut its rates by up to 0.7 per cent on its purchase products. This means that borrowers can now get a two-year fixed rate at 90 per cent LTV for 4.49 per cent, down from 5.19 per cent.

BM Solutions has also refreshed its buy-to-let range and cut rates across the product range by up to 0.4 per cent. A two-year tracker product is now available at 4.39 per cent, having been cut by 0.4 per cent from 4.79 per cent.

Accord Mortgages has cut its rates from today by up to 0.4 per cent. Rates on two-year fixes now start from 2.49 per cent up to 75 per cent LTV with a £1,995 fee.

Coventry Building Society made cuts to its range of first-time-buyer products, in addition to launching new two and five-year fixed rates. This is part of a trend where smaller lenders are pushing the bigger lenders to make changes.

Related reading: Mortgage Rates Are at Their Lowest Level in Two Years