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Advantages of a fixed rate mortgage

Fixed-rate mortgage refinance loans are a good choice if you:

  • Think interest rates could rise in the next few years and want to keep the new rate for the life of the loan
  • Plan to stay in your home for many years
  • Prefer the stability of a fixed principal and interest payment to a payment that changes periodically

Take advantage of today's low rates.



Rates and offers in effect as of EFFECTIVE DATE for purchase or refinance loans of residential properties secured by 1-4 family dwelling. Loan products and fees subject to change without notice. Loan rates available on loan amounts up to $2 million; Lower rates may be available based on qualifying factors; please check for current rates.

The advertised loan is a 15-year Fixed Rate fully amortizing term.   There is no prepayment penalty.   Payment Example: Monthly principal & interest payment of $1,405.34 for a purchase of a property in MA with a loan amount of $200,000 with a 20% down payment.  This payment amount excludes taxes and hazard insurance. Total monthly payment may be higher.

Rates are based upon a variety of assumptions and conditions which include a consumer credit score which may be higher or lower than your individual credit score. Your loan's interest rate will depend upon the specific characteristics of your loan transaction, financial situation and your credit history up to the time of closing.

All rates are subject to change, specifically APR may increase. The rate is provided as an illustration based on a variety of assumptions and conditions and subject to individual credit and underwriting approval.

Mortgage products are provided by Berkshire Bank: NMLS Registry Number – 506896.

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