current equity home loan rate

Barre Paxton Princeton Toll Free: (877) 355-4693 www.barrebank.com THE BEST

Barre Paxton Princeton Toll Free: (877) 355-4693 www.barrebank.com THE BEST HOME EQUITY FINANCING!8.00% Annual Percentage Rates (APRs), as of July 3, 2006 and subject to change. Restrictions may apply. *Home Equity Loans: APRs are fixed for the term of the loan and based on automatic payments from a Barre Savings Bank account. Monthly payments per $1,000 borrowed at 5.50% APR for 36 months are $30.20; at 5.74% APR for 60 months are $19.21; at 6.50% APR for 120 months are $11.35; at 7.00% APR for 180 months are $8.99. Available equi-ty is 80% of the appraised value less balance of any first mortgage. **Home Equity Line: APR is a variable rate based on the Wall Street Journal PRIME rate as published on the first business day of the month (currently 8.25% APR) minus .25%. Save an additional .25% with automatic payment from a Barre Savings Bank account.

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Put A Lid On Rising Mortgage Payments

(ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change? Or perhaps you've had an unexpected financial hit such as a large hospital bill or a job loss that has made your current mortgage payments unreasonable. If so, refinancing your mortgage can be a great way to save money every month.

Refinancing your mortgage also lets you consolidate other debt, such as credit card balances, into one low-interest loan. You may also want to consider converting some of the equity in your home to cash to use for large expenses such as college tuition or home improvement.

Online services like Refinance.net make it easier than ever to find the best deal on refinancing your home.

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