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Residential Mortgage Rates

There’s more to a great mortgage than just a great rate.

Your journey home starts here.

For purchases and refinances, a Middlesex mortgage can help you save money with competitive rates on fixed and adjustable options.

Rates updated as of: 5/6/2021

All accounts subject to approval. Rates subject to change at any time. "APR" is in reference to "Annual Percentage Rate". 

Affordable Mortgage Programs

Rate APR Points Monthly Payment/$1,000
Middlesex First Time Home Buyer 30 Year Fixed 2.875% 2.968% 0 $4.15 Learn More
Middlesex Affordable 30 Year Fixed 3.375% 3.471% 0 $4.42 Learn More
MHP One Mortgage 2.625% 2.717% 0 $4.02 Learn More
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Disclosures

Taxes and insurance premiums, if applicable, are not included and the actual payment obligation will be greater if an escrow account is required or requested. APR assumes no mortgage insurance. Property insurance required.

Our Middlesex First Time Home Buyer Loan offers the advantages of a low 3% down payment with the affordability of a 30 year term. The Middlesex Affordable Housing Mortgage is designed for the purchase of deed restricted, affordable housing units, and features a low down payment and reduced closing costs.

The monthly payment amounts listed above are for 360 payments. 

Mass Housing Partnership (MHP) One Mortgages feature a down payment as low as 3%, a below market interest rate and, in some cases, a subsidized monthly payment. Income limits apply. Borrowers must be first-time home buyers.

Middlesex Mortgage Programs

Rate APR Points Monthly Payment/$1,000
Middlesex Portfolio 30 Year Fixed Mortgage* 3.000% 3.122% 0 $4.22 Learn More
Middlesex Portfolio 20 Year Fixed Mortgage 2.875% 3.047% 0 $5.48 Learn More
Middlesex Portfolio 15 Year Fixed Mortgage 2.500% 2.721% 0 $6.67 Learn More
Middlesex Portfolio 10 Year Fixed Mortgage 2.500% 2.824% 0 $9.43 Learn More
Middlesex Portfolio 5/3 ARM 2.500% 3.031% 0 varies Learn More
Middlesex Portfolio 7/3 ARM 2.750% 3.075% 0 varies Learn More
Middlesex Portfolio 10/3 ARM 3.000% 3.172% 0 varies Learn More
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Disclosures

*Special Offer: We are currently offering a reduced rate for purchase transactions. The rate is 2.875%. The APR is 2.996%. There are no points. The monthly payment/$1,000 is $4.15. Property must be owner-occupied. Special offer may be discontinued at any time.

Middlesex ARMs (adjustable-rate mortgages) offer an initial interest rate that is fixed for either 5, 7 or 10 years. After that period, and every three years thereafter until maturity, the interest rate can adjust based on current market conditions. Each adjustment is limited to 2% and total adjustments over the life of the loan are limited to 4%. 

The monthly payment amounts listed above are for 120 payments for the Middlesex Portfolio 10 Year Fixed Mortgage; 180 payments for the Middlesex Portfolio 15 Year Fixed Mortgage; 240 payments for the Middlesex Portfolio 20 Year Fixed Mortgage; and 360 payments for the Middlesex Portfolio 30 Year Fixed Mortgage.

APR assumes no mortgage insurance. Property must be owner-occupied. Property insurance required. Monthly Payment/$1,000: Taxes and insurance premiums, if applicable, are not included and the actual payment obligation will be greater if an escrow account is required or requested. See tax advisor regarding deductibility of interest. Other terms and conditions apply. Other mortgage options available. 

"Varies" is in reference to "payment may vary."

Home Equity Loan

APR Monthly Payment/$1,000
Home Equity 5 Year Loan 3.250% $18.08 Learn More
Home Equity 10 Year Loan 3.500% $9.89 Learn More
Home Equity 15 Year Loan 3.750% $7.27 Learn More
Home Equity 20 Year Loan 4.000% $6.06 Learn More
Home Equity 30 Year Loan 4.250% $4.92 Learn More
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Disclosures

A Home Equity 5 Year Loan is equivalent to 60 monthly payments. A Home Equity 10 Year Loan is equivalent to 120 monthly payments. A Home Equity 15 Year Loan is equivalent to 180 monthly payments. A Home Equity 20 Year Loan is equivalent to 240 monthly payments. A Home Equity 30 Year Loan is equivalent to 360 monthly payments. 

Your Home Equity Loan payments can be automatically paid from your Middlesex checking or savings account. Owner occupancy is required for Home Equity Loans. Monthly Payment per $1,000. Taxes and insurance premiums, if applicable, are not included and the actual payments will be greater if an escrow account is required or requested. APR assumes no mortgage insurance.

Home Equity Loan offers and rates are subject to change at any time and quoted assuming an 80% loan-to-value. Other terms and conditions apply. Property insurance and flood insurance if applicable, is required. Primary residences only. Consult your tax advisor regarding the deductibility of interest.

Home Equity Line of Credit

APR
Home Equity Line Of Credit 2.99% APR for the first six months, followed by a variable APR thereafter, currently 3.50% Learn More
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Disclosures

Your Home Equity Line of Credit payments can be automatically paid from your Middlesex checking or savings account. Owner occupancy is required for Home Equity Lines.

APR for the Home Equity Line of Credit is fixed for the first 6 months at 2.99%. The rate will revert thereafter for remainder of loan term to a variable rate of Prime minus 0.50% as published in the Wall Street Journal at the beginning of each monthly billing cycle, subject to a minimum rate of 3.50%. As of 4/01/2021, the Prime Rate was 3.25%. The maximum APR is 18%. $50 annual fee applies. Fee is waived with a Freedom Gold® Checking or a Freedom Platinum® Checking account. Early termination fee of $400 will be charged if the Home Equity Line of Credit is closed within the first 24 months. 

Home Equity Line of Credit offers and rates are subject to change at any time and quoted assuming an 80% loan-to-value. Other terms and conditions apply. Property insurance and flood insurance if applicable, is required. Primary residences only. Consult your tax advisor regarding the deductibility of interest.
Middlesex is a full-service bank serving individuals, families and business owners throughout Massachusetts.