|10 Yr Bond||1.85 %||-0.03|
1st National Bank is offering a Certificate of Deposit special now through June 30th. Deposit a minimum of $1000 into a 14 month CD and earn 1.25% APY. To view other terms and rates, click here.
Thinking about purchasing a new home? 1st National Bank is offering a 30 year fixed interest rate as low as 3.644% APR with only $99 in closing costs for a minimum $150,000 loan.*
A 30 year rate of as low as 3.786% APR or a 15 year rate of 3.072% APR with $0 closing cost for a minimum of $150,000.*
*Certain conditions will apply for all the above. Rates are subject to change without notice. Contact a mortgage lender for further informaiton at 513-770-3221 (Mason) or 513-677-2411 (Cincinnati).
FHA LOWERING RATES BY by 1/2%
Effective 1/26/15, FHA will reduce mortgage insurance premiums on new loans by .5%. Don Roberts, Chief Mortgage Lender for 1st National Bank said, “Because of the dramatic drop in interest rates, anyone that borrowed money since the middle of 2013, should consider refinancing. FHA borrowers get a special ½% advantage because Mortgage Insurance Premiums (MIP) will be ½% lower. Interest rates are about 1% lower than this time last year. It’s a great time to refinance. While the volume of loans for home purchases remains strong, refinancing volume is definitely surging.”
To see if you can save money by refinancing, contact us at 513.932.3221.
Did you know 1st National Bank has a very popular home construction loan program? Ask us for details.