Rates

Rates updated as of: 08/16/2018

Deposit Account Interest Rates

Rates subject to change at any time.

 

Checking Accounts

Rate Annual Percent. Yield Min. Deposit
(to open)
Min. Balance
(to obtain apy)
NOW Checking 0.03% 0.03% $1.00 $10.00 Product is No Longer Offered
Business NOW Checking 0.03% 0.03% $1.00 $10.00 Learn More

 

Savings Accounts

Rate Annual Percent. Yield Min. Deposit
(to open)
Min. Balance
(to obtain apy)
Statement and Passbook 0.15% 0.15% $1.00 $10.00 Apply today

 

Money Fund Accounts

Money Fund Rate Annual Percent. Yield Min. Deposit
(to open)
Min. Balance
(to obtain apy)
$10 - $4,999.99 0.50% 0.50% $1.00 $10.00 Apply Today
$5,000 - $24,999.99 0.55% 0.55% $1.00 $5,000.00 Apply Today
$25,000 - $49,999.99 0.60% 0.60% $1.00 $25,000.00 Apply Today
$50,000 + 0.65% 0.65% $1.00 $50,000.00 Apply Today
Freedom Gold MF Rate Annual Percent. Yield Min. Deposit
(to open)
Min. Balance
(to obtain apy)
$10 - $24,999.99 0.60% 0.60% $1.00 $10.00 Apply Today
$25,000 - $49,999.99 0.65% 0.65% $1.00 $25,000.00 Apply Today
$50,000 - $99,999.99 0.70% 0.70% $1.00 $50,000.00 Apply Today
$100,000 + 0.75% 0.75% $0.00 $100,000.00 Apply Today
Platinum MF Rate Annual Percent. Yield Min. Deposit
(to open)
Min. Balance
(to obtain apy)
$10 - $24,999.99 0.70% 0.70% $1.00 $10.00 Apply Today
$25,000 - $49,999.99 0.75% 0.75% $1.00 $25,000.00 Apply Today
$50,000 - $99,999.99 0.80% 0.80% $1.00 $50,000.00 Apply Today
$100,000 + 0.85% 0.85% $1.00 $100,000.00 Apply Today
Business MF Rate Annual Percent. Yield Min. Deposit
(to open)
Min. Balance
(to obtain apy)
$10 - $49,999.99 0.50% 0.50% $1.00 $10.00 Learn More
$50,000 + 0.60% 0.60% $1.00 $50,000.00 Learn More

 

Certificates of Deposit

CD Rate Annual Percent. Yield Min. Deposit
(to open)
Min. Balance
(to obtain apy)
3 - 5 Month Certificate 0.75% 0.75% $250.00 $10.00 Apply today
6 - 11 Month Certificate 1.69% 1.70% $250.00 $10.00 Apply today
12 - 23 Month Certificate 2.18% 2.20% $250.00 $10.00 Apply today
24 - 35 Month Certificate 2.42% 2.45% $250.00 $10.00 Apply today
36 - 47 Month Certificate 2.42% 2.45% $250.00 $10.00 Apply today
48 - 59 Month Certificate 2.42% 2.45% $250.00 $10.00 Apply today
60 - 71 Month Certificate 2.42% 2.45% $250.00 $10.00 Apply today
12 - 18 Month Adjustable Rate Retirement Certificate 2.18% 2.20% $10.00 $10.00 Learn More
Freedom Platinum CD Rate Annual Percent. Yield Min. Deposit
(to open)
Min. Balance
(to obtain apy)
Freedom Platinum 3 - 5 Month Certificate 0.85% 0.85% $250.00 $10.00 Learn More
Freedom Platinum 6 - 11 Month Certificate 1.79% 1.80% $250.00 $10.00 Learn More
Freedom Platinum 12 - 23 Month Certificate 2.28% 2.30% $250.00 $10.00 Learn More
Freedom Platinum 24 - 35 Month Certificate 2.52% 2.55% $250.00 $10.00 Learn More
Freedom Platinum 36 - 47 Month Certificate 2.52% 2.55% $250.00 $10.00 Learn More
Freedom Platinum 48 - 59 Month Certificate 2.52% 2.55% $250.00 $10.00 Learn More
Freedom Platinum 60 - 71 Month Certificate 2.52% 2.55% $250.00 $10.00 Learn More

"NOW" and "Bus. NOW" are in reference to "NOW Checking" and "Business NOW Checking" Accounts. "All" are in reference to Statement and Passbook Savings Accounts. "Annual Percent. Yield" is in reference to "Annual Percentage Yield". "Freedom Gold MF" and "Platinum MF" are in reference to "Freedom Gold Money Fund" and "Freedom Platinum Money Fund" Accounts. "CD" is in reference to Certificates of Deposit.

All rates and Annual Percentage Yields (APYs) are subject to change without notice. The Annual Percentage Yield applies when the required minimum balance and interest is kept on deposit for one year. Checking, Savings and Money Fund Accounts are variable rate accounts and the rate can change without notice after account opening. APY assumes interest earned in account compounds. Fees on your account could reduce earnings. Certificates of Deposit are subject to penalty for early withdrawal. Adjustable Rate Certificate of Deposit accounts available for Retirement Plan accounts only. Freedom Platinum Certificates of Deposit require a Freedom Platinum Checking account.

 

Personal Loan Rates

Rates subject to change at any time.

 

Auto Loans

Annual Percent. Rate Term Monthly Payment/$1,000
New Car Loan 3.750% 36 Months $29.41 Learn More
New Car Loan 4.000% 48 Months $22.58 Learn More
New Car Loan 4.250% 60 Months $18.53 Learn More
Used Car Loan 4.500% 36 Months $29.75 Learn More
Used Car Loan 4.750% 48 Months $22.92 Learn More

 

Personal Loans and Lines of Credit

Annual Percent. Rate Term Monthly Payment/$1,000
Personal Loan 12.000% 36 Months $33.21 Learn More
Personal Loan 13.000% 48 Months $26.83 Learn More
Personal Loan 14.000% 60 Months $23.27 Learn More
Passbook Loan 2.000% over deposit account rate. Learn More
Reserve Line of Credit 16.000% 7.99% APR for Freedom Platinum Checking customers, 9.99% APR for Freedom Gold Checking customers Learn More

 

Home Equity Loans

Annual Percent. Rate Monthly Payment/$1,000
5 Year Term 4.250% $18.53 Apply Today
10 Year Term 4.500% $10.36 Apply Today
15 Year Term 4.750% $7.78 Apply Today
20 Year Term 5.000% $6.60 Apply Today

 

Home Equity Line of Credit

Annual Percent. Rate
Good Neighbor Equity LineSM 1.99% APR for the first six months, followed by a variable APR thereafter, currently 5.25% Apply Today

Annual Percentage Rate - your personal and 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.

Annual Percentage Rate (APR) for the Good Neighbor Equity LineSM is fixed for the first 6 months at 1.99%. The rate will revert thereafter for remainder of loan term to a variable rate of Prime plus 0.25% as published in the Wall Street Journal at the beginning of each monthly billing cycle. As of 6/15/18, the Prime Rate was 5.00%. 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. The Good Neighbor Equity LineSM is not associated with the U.S. Department of Housing and Urban Development (HUD) or any programs offered by HUD.

Home Equity Loan and Line of Credit offers and rates are subject to change at any time and quoted assuming an 80% loan-to-value (75% loan-to-value for loans of over $250,000). 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.

 

Residential Mortgage Rates

Rates subject to change at any time.

 

Affordable Mortgage Programs

Rate Annual Percent. Rate Points Monthly Payment/$1,000
Middlesex First Time Home Buyer 30 Year Fixed 4.500% 4.603% 0 $5.07 Start to Apply
Middlesex Affordable 30 Year Fixed 5.000% 5.106% 0 $5.37 Start to Apply
MHP One Mortgage 4.125% 4.225% 0 $4.85 Start to Apply
Mass Housing Mortgage 4.625% 4.759% 0 $5.14 Start to Apply
Mass Housing No MI Mortgage 5.500% 5.641% 0 $5.68 Start to Apply

Our Middlesex First Time Home Buyer Loan offers the advantages of a low 3% downpayment 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 monthly payments.

Mass Housing Partnership 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. The Mass Housing loans feature a down payment as low as 3%. Income, loan amount and acquisition cost limits apply. Borrowers cannot own another home at the time of closing

 

Middlesex Mortgage Programs

Rate Annual Percent. Rate Points Monthly Payment/$1,000
Middlesex Portfolio 10 Year Fixed Mortgage 4.000% 4.332% 0 $10.12 Start to Apply
Middlesex Portfolio 15 Year Fixed Mortgage 4.125% 4.356% 0 $7.46 Start to Apply
Middlesex Portfolio 20 Year Fixed Mortgage 4.375% 4.557% 0 $6.26 Start to Apply
Middlesex Portfolio 30 Year Fixed Mortgage 4.500% 4.633% 0 $5.07 Start to Apply
Middlesex Portfolio 5/3 ARM 3.500% 4.893% 0 Varies Start to Apply
Middlesex Portfolio 7/3 ARM 3.750% 4.785% 0 Varies Start to Apply
Middlesex Portfolio 10/3 ARM 4.000% 4.689% 0 Varies Start to Apply

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%.

 

Conforming Mortgage Programs

Rate Annual Percent. Rate Points Monthly Payment/$1,000
Conforming 15 Year Fixed Mortgage 4.125% 4.356% 0 $7.46 Start to Apply
Conforming 20 Year Fixed Mortgage 4.375% 4.557% 0 $6.26 Start to Apply
Conforming 30 Year Fixed Mortgage 4.500% 4.633% 0 $5.07 Start to Apply

Conforming mortgages are those that meet the loan limits and underwriting standards of Freddie Mac or Fannie Mae, and are eligible for sale to those agencies. Loan limits vary by location and transaction. Interest rates vary based on the specific loan request, property type, credit score, etc. Sample rate shown. Your actual rate may be higher or lower.

Contact a Mortgage Specialist for additional information.

Annual Percentage Rate (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. Rates subject to change at any time.

"Annual Percent. Rate" is in reference to "Annual Percentage Rate". "Start to Apply" is in reference to "Start the Application". "MHP One Mortgage" is in reference to Mass Housing Partnership One Mortgage. "Varies" is in reference to "payment may vary."