Current 5/1-year Hybrid Adjustable Rate Mortgages (ARMs) from the HSH Survey

Current 5/1-year Hybrid Adjustable Rate Mortgages from HSH's editorial survey -- updated daily!

Here's a small random sample of loan rates drawn from the survey of objective information we collect every day. Our database contains current data on thousands of loans from lenders coast to coast -- including jumbo loans.

Unlike other 'surveys,' and other Web sites, these mortgage rates are not advertisements. HSH contacts over 2,000 lenders across the country every week -- the same objective survey we've conducted for over 25 years. Our data is so reliable that it's used by Fortune 500 companies, government agencies, the media, and other clients.

These are representative of loans which may be offered in your area, but we don't claim that these are the "best" available. There are many factors which make the "best" loan dependent upon your individual circumstance.

Ready to order your comprehensive list of local lenders? We can email the latest mortgage report to you for just $10 (plus $1 s/h). It includes the application fee, APR, rate-lock info, index, margin, and caps on 3 or more loans per lender. Or you can order it as part of our Homebuyer's Mortgage Kit, which is just $20 (plus $3 s/h).

To order a report for your area by Phone, just call 1-800-873-2837 (Mon-Fri, 9am-5pm Eastern time); Visa and MasterCard accepted.

Lender	State	Phone	Lending Area %	Adjustment period	Term	% down	Rate %	Points	Maximum Loan $1,000	Index
BANK OF AMERICA HOME LOANS	MA	508-832-4587	ALL MASSACHUSETTS,NH,CT,RI	5/1	30	10	4	0	417	LIBOR
HSBC BANK	PA	215-592-0700	ALL PENNSYLVANIA,OH	5/1	30	20	4.125	0	417	LIBOR
M & T BANK	NY	518-426-6363	NORTHERN NEW YORK	5/1	30	5	4	0	417	1YT
MIDDLESEX SAVINGS BANK	MA	508-653-0300	BOSTON METRO	5/1	30	20	4.5	0	417	1YT
SOVEREIGN BANK	MA	508-732-1900	ALL MASSACHUSETTS	5/1	30	5	4.875	0	417	LIBOR
SUFFOLK COUNTY NATIONAL BANK	NY	631-208-2244	LONG ISLAND	5/1	30	20	5.5	0	417	1YT
SUNTRUST MORTGAGE	VA	703-813-4000	WASHINGTON DC METRO	5/1	30	10	3.375	0	417	LIBOR
TD BANKNORTH	MA	978-556-1031	ALL MASSACHUSETTS	5/1	30	20	3.625	0	417	LIBOR
THE PROVIDENT BANK	NJ	732-726-9700	ALL NEW JERSEY	5/1	30	5	4.25	0	417	1YT
WELLS FARGO HOME MORTGAGE	CA	949-253-4306	ALL CALIFORNIA	5/1	30	20	5.25	0	650	LIBOR

Be sure to see our other loan samples:
15-Year FRMs	30-Year FRMs	1-Year ARMs

Notes:

All interest rates and terms are subject to change without notice.
These lenders offer many different loan programs. If you want one that isn't listed, contact the lender directly.
The conforming loan limit for a one-family home is $417,000; two- to four-family homes have higher loan amounts.
Lenders which offer conforming loans almost always offer jumbo loans as well.

Column heading key

Lender: The institution. If a credit union, you'll need to contact them for membership information and details.

State: The state in which the lender is located.

Phone: The lender's contact number.

Lending Area: The area which the listed office serves.

Adjustment Period: How often the interest rate adjusts (in years).

Term:The total term of the mortgage.

Down Payment: The required down payment for the listed loan.

Interest Rate: The interest rate being charged for the listed loan.

Points: A fee, expressed as a percentage of the loan amount.
One point is equal to a 1% fee; a 1% fee on $100,000 would be a $1000 fee.

Maximum Loan: The maximum dollar amount available at the listed rates and terms.

Index Used: The name of the index used to govern rate changes.