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Notice: New regulations by the Consumer Financial Protection Bureau recently went into effect requiring lenders to provide borrowers with monthly mortgage statements. If you have an automatic payment set up for your mortgage with Merchants Bank it was not affected by this change.
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|20 Year Fixed Bi-Weekly with Auto-Pay||4.200%||4.219%|
|15 Year Fixed Auto-Pay||3.600%||3.634%|
|10 Year Fixed Auto-Pay||3.450%||3.499%|
|1-Year Auto-Pay ARM with 15-Year Term||1.375%||1.407%|
|1-Year Auto-Pay ARM with 10-Year Term||1.375%||1.422%|
|3-1 ARM with 15-Year Term||2.125%||1.685%|
|3-1 ARM with 10-Year Term||2.000%||1.746%|
|15 Year Fixed HE Loan||5.000%||5.000%|
|5 Year Fixed HELOC||5.500%||0.000%|
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