Total Mortgage currently has some of the most affordable mortgage rates in Massachusetts. Regardless of whether you are buying a house in the Boston area, on Cape Cod, or anywhere else in Boston there is a mortgage product that fits your financial needs.
Adjustable rate mortgages (ARM) can be a great option if you are considering taking out a home loan. A 5/1 ARM currently has a 3.000 percent mortgage rate and a 3.481 percent APR. For borrowers with larger loans a jumbo ARM may be necessary. A 5/1 jumbo ARM has a 3.625 percent mortgage rate and a 3.657 percent APR. Continue Reading…