Mortgage Interest Rates Today: Cathay Bank at 3.250%

Cathay Bank

Customers of Cathay Bank have the enviable opportunity to accomplish all of their financial goals in one location. Whether they hope to grow their savings for the long term or get assistance with immediate goals, Cathay Bank is ready to help.

For instance, the bank is currently offering home mortgages with interest rates that are hard to beat. Qualified borrowers who take on a 15-year loan term can enjoy Cathay Bank mortgage rates as competitive as 3.250% for a conforming fixed-rate mortgage.

Cathay Bank Mortgage Rates: Terms and Conditions

Cathay Bank offers the advertised rate of 3.250% with zero points. In offering these mortgage rates, the establishment assumes borrowers will take on a loan amount of no more than $417,000 and make a 20 percent down payment.

About Cathay Bank

In 1962, Cathay Bank opened for business with the mission of providing financial services to the growing but underserved Chinese-American community in the greater Los Angeles area. As of Dec. 31, 2013, the establishment has seen its assets grow to more than $10.99 billion.

Though Cathay Bank opened its doors to serve the Chinese-American community, its policy is to embrace diversity, as highlighted in its motto: “An Open Door for All.” The bank is proud to offer locations in California, Illinois, Massachusetts, Nevada, New Jersey, New York, Washington and Texas.

Click here to find affordable mortgage rates daily.

Other Terms and Conditions may apply. Additionally, interest rates are based on the institution’s online published rates and may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.

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About the Author

Stacey Bumpus

Stacey Bumpus holds both her Bachelor and Masters degrees in Communications. After spending years in corporate communications, she discovered freelancing was really her cup of tea and fell in love with finding and writing about the latest financial news. Now, providing news and tips about banking, mortgages, taxes (and even logging her own efforts to save for retirement), she's not only fulfilling her lifelong passion, but also helping others manage their finances responsibly.

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