Welcome to
The Mortgage Corner® of New England

"Our Low Rates and Great Service Add Up!"
 		 175 Metro Center Blvd,
Warwick, RI 02886
RI 401-732-4141
MA 877-862-6363

Current Rates

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Fixed Rate

RI Housing

 FHA Financing
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Current Interest Rates
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September 3 - Mortgage Update
Happy Labor Day Weekend

Mortgage rates rose sharply this week as investors found reasons to sell bonds (higher rates) and buy stocks.  Today's news from the Labor Department that 54,000 jobs were lost in August gave the markets reason to believe the economy could be turning around. 

We realize it's hard to understand why a loss of 54,000 jobs could be seen as a good thing for the economy but in the financial world anytime the data is better than the anticipated number it is good for the markets.  This news fueled a rally in the Stock markets causing money to shift from the Bond markets back to more riskier assets. Stocks soared on the news - the Dow rose 127 points.

The near tern direction for mortgage rates appears to be higher.  We'll just have to wait and see if next week the markets can continue this current trend higher.
RI Housing Mortgages
 ◄ Income Guidelines
 ◄ Purchase Price Guidelines
 ◄ Rates
FHA Mortgages
 ◄ Only 3% Down Payment
 ◄ No Income Restrictions
 ◄ Gift Monies Allowed
 ◄ Rates
The Loan Process
 ◄ Application Checklist
 ◄ Processing
 ◄ Underwriting
 ◄ The Closing
The Mortgage Corner® of New England is proud to offer Federal Housing Administration (FHA), Veterans Administration  (VA) Mortgage Loans and Rhode Island Housing Mortgage Loans.

Please contact us for more information.
Purchase Corner
◄ Prequalification
 ◄ Pre-Approval
◄ Making An Offer
◄ Should You Lock-In? 
Refinance Corner
 ◄ Should You Refinance?
 ◄ Refinance Myths
◄ Shopping For A Loan
 ◄ Points vs. No Points
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Who Is The Mortgage Corner®

 Our Customer Testimonials

Why The Mortgage Corner®

  
At the Mortgage Corner® of New England you can count on low rates, no "junk fees" and prompt service.  Our referred business allows us to keep costs down so we can give you what you need - low rates and low closing costs.  
 "You provided us with great service"   
SM North Kingstown, RI

"We found the lowest rates and we closed in less than
30 days"
JG Natick MA

"We would recommend your company  to anyone."
 JR Warren RI

Our 60 years of combined mortgage experience business can help you with all your mortgage needs.

We are a local mortgage broker with national lenders.

When you talk with us you talk to the owners.

We guarantee great service!
Today's Featured Rates
September 3-5, 2010
30 Year Fixed Rate
Rate% Points% APR%*
4.375 0.000 4.382
4.250 0.750 4.303
3.990 1.500 4.295

20 Year Fixed Rate
Rate% Points% APR%*
4.250 0.000 4.259
4.125 0.500 4.357
3.990 1.500 4.472
15 Year Fixed Rate
Rate% Points% APR%*
3.875 0.000 3.885
3.750 0.500 3.802
3.625 1.000 3.762
30 Year FHA Fixed Rate
Rate% Points% APR%*
4.375 0.000 5.687
4.125 1.000 5.487
5/1 ARM 30 Years
Rate% Points% APR%*
3.500 0.000 4.574
7/11 ARM 30 Years
Rate% Points% APR%*
3.875 0.000 4.857

Assumptions Below
FREE Pre-Approval

The Mortgage Corner® of New England offers pre-approvals
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Mortgage Market Watch

How are mortgage rates are set?
Mortgage MarketWatch

Get daily mortgage rate updates here.
Economic Calendar This Week!
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Secure Application - Complete our on-line application and we will review your application for approval.
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*Mortgage rates are subject to change without notice. Rates quoted are for a $300,000 Purchase loan in state of Rhode Island  for 30 day lock period and requires escrows for
axes and insurance. Other loan amount and rate lock periods available.  APR based on 20% down payment, principal & interest payments available upon request.