Details.
Jumbo adjustable-rate mortgage options include 7/1-year rates at 6.250% interest and 7.20% APR, 5/1-year rates at 6.000% interest and 7.16% APR, and 10/1-year rates at 6.500% interest and 6.77% APR. The fully indexed rate is 6.750%. ARM rates and APRs may increase after consummation. Rates shown apply to single-family primary residences and second homes for purchase or refinance, with a loan-to-value ratio of 80% or less and a 60-day rate lock period. Rates require credit approval and are subject to change without notice.