Resources

Mortgage Rates

For more information about buying or refinancing a home, contact a member of our team or apply online, anytime.

Adjustable Rate Mortgages (ARM)
Program	Term	Initial Interest Rate	Points	APR*	Current Indexed Rate	Monthly Payments per $1,000 borrowed
3/3 ARM	30 Years	6.500%	0	6.971%	4.65%	Months 1 - 36	$6.32
						Months 37 - 360	$6.71
5/5 ARM	30 Years	6.750%	0	6.910%	4.500%	Months 1 - 60	$6.49
						Months 61 - 360	$6.63
7/3 ARM	30 Years	7.000%	0	7.070%	4.650%	Months 1 - 84	$6.65
						Months 85 - 360	$6.72
*Interest Rates and Annual Percentage Rate (APR) effective 11/21/2023 and subject to change at any time. Rates shown are based on a minimum down payment of 20% on an owner-occupied 1 to 4 family residence. Adjustable Rate Mortgage interest rate and APR may increase after consummation. Margin: 2.500% Caps: 2.000% at each adjustment; 5.000% for life of loan. Monthly payments during the initial fixed period are based on the initial rate, remaining payments expressed above are estimated based on the Current Index and the Margin, rounded to the nearest 1/8%. Your actual remaining monthly payments will be based on the then Current Index plus Margin at any adjustment date, rounded to the nearest 1/8%. The monthly payment shown includes principal and interest. Your actual payment will be greater if an escrow account for taxes and insurance is established or required. Subject to credit approval.

Fixed Rate Mortgages
Product	Interest Rate	Points	APR **	Monthly Payments per $1,000 Borrowed
30 Year Fixed	7.500%	0	7.511%	360 Payments	$6.99
20 Year Fixed	7.375%	0	7.389%	240 Payments	$7.98
15 Year Fixed	7.000%	0	7.017%	180 Payments	$8.99
10 Year Fixed	6.750%	0	6.774%	120 Payments	$11.48
**Interest Rates and Annual Percentage Rate effective 11/21/23 and subject to change at any time. Rates shown are based on a minimum down payment of 20% on an owner-occupied 1-4 family residence. The monthly payment shown includes principal and interest. Your actual payment will be greater if an escrow account for taxes and insurance is established or required. Subject to credit approval. Loan limits vary by location. Interest rates vary based on the specific loan request, property type, credit score, etc. The maximum loan amount is $726,200.00. For loans above this amount, please contact a Mortgage Professional. With the exception of the 10 Year Fixed, conforming mortgages meet the loan limits and underwriting standards of Freddie Mac, and are eligible for sale to the agency.

You are now leaving Winchester Co-operative Bank

Winchester Co-operative Bank provides links to web sites of other organizations in order to provide visitors with certain information. A link does not constitute an endorsement of content, viewpoint, policies, products or services of that web site. Once you link to another web site not maintained by Winchester Co-operative Bank, you are subject to the terms and conditions of that web site, including but not limited to its privacy policy.