Peoples United Bank Mortgage Rates

Find and compare the latest home loan interest rates and current mortgage rates from Peoples United Bank. Peoples United Bank is a leading regional mortgage lender in the Northeast. The bank provides mortgage loans for purchases and refinances in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine.

Peoples United Bank offers a wide range of mortgage products to suit the needs of most home buyers with highly competitive rates, a wide range of terms and no points, no closing costs options, and innovative financing products.

The full range of home loans offered by Peoples United Bank includes VA mortgages and FHA mortgages, jumbo mortgages, as well as conforming mortgages backed by Fannie Mae or Freddie Mac. Fixed rate mortgages at the bank are available in 10 through 30 year terms, and adjustable rate mortgages (ARMs) are offered with several different initial fixed rate options. All home loans have competitive loan rates based on the qualifying factors found in the loan request

Peoples United Bank has jumbo loan programs for large home purchases and mortgages over the conforming loan limit. Mortgage rates for jumbo loans are competitive among the leading mortgage lenders serving the Northeast.

Peoples United Bank Mortgage Rates
Peoples United Bank Mortgage Rate Points APR
Peoples United Bank 30 Year Mortgage Rate
3.250 0.250 3.360
Peoples United Bank 15 Year Mortgage Rate
2.625 0.250 2.818
Peoples United Bank FHA Mortgage Rate
3.125 0.000 4.199
Peoples United Bank 30 year Jumbo Mortgage Rate
3.375 0.000 3.398

Several different property types can be financed with the bank mortgage loans including existing single family homes, condominiums, multifamily properties, vacation homes, and rural properties. Underwriting guidelines, down payment, and loan amount may vary depending on the program selected.

Peoples United Bank also offers very competitive refinance rates on all types of loans. Refinances can be obtained as fixed rate loans as well as adjustable rate mortgages. Borrowers can use the loan options to change their current loan terms or choose for a cash-out refinance that allows the borrower to use their home equity as part of the new loan request.

The mortgage interest rates are based on Peoples United Banks online published rates and may have changed since this offer was posted. Other rates and terms are available. Individual mortgage rates vary depending on the property type, loan amount, down payment, loan to value (LTV), the appraised value of the home, the credit score of the borrower, and the occupancy of the property.

Additional information about the bank mortgages rates and loan programs can be obtained by visiting the Peoples United Bank web site at or calling a Peoples United Bank mortgage representative at 1-855-782-5363.

This information is believed to be reliable, but the information is not guaranteed.

Certificate of deposit rates managed to shift even lower for the week ending Nov 6, 2009.  Bank CD rates with a six month maturity and CD rates with a two year maturity held steady while the one year rate dropped modestly and the five year fell considerably. The average of the best six month CD rates
CD rates took a little swoon downwards after the March Fed meeting concluded this past week.  As many economists and Fed watchers had expected, the Fed statement released at the close of the two day meeting removed the reference to the term patience as it applies to the Fed’s plans to change monetary policy in
Bank CD rates had mixed results for the week ending October 2, 2009.  Short terms CD rates were lower while midterm CD rates were higher and the longer term CD rates were unchanged.  While bank CD rates moved very little in total, Treasury rates continued to move lower for the week with the one year