Interest Rate

Eastern Update

In the News

Eastern Bank rated in the top ten companies to work for in by Metro Business Journal. We are very proud to be mentioned for our generous flex time and parental leave policies. And we are always looking for good people to join our team. Check out our open positions on our website!

Current Rates

30-year fixed: 6.650%

15-year fixed: 6.250%

5/1 ARM: 6.125%

Coming Soon

Keep up with the current trends in the world of consumer banking… Look for our new blog coming soon to our website!

Identity Theft

You can minimize your chances of an Internet mishap by adopting these practices:

1. Protect your personal information. It’s valuable.

2. Know who you’re dealing with.

3. Use anti-virus and anti-spyware software, as well as a firewall, and update them all regularly.

4. Make sure your operating system and Web browser are set u properly and update them regularly.

5. Protect your passwords.

6. Back up important files.

7. Learn who to contact if something goes wrong online.

Looking for the Best Mortgage?

Shopping around for a home loan or mortgage will help you get the best deal. A mortgage – whether it’s a home purchase, a refinancing, or a home equity loan – is a product, just like a car, so the prices and terms may be negotiable.

• Ask the lender for a list of current mortgage interest rates, and whether the rates being quoted are the lowest for that day or week.

• Ask whether the rate is fixed or adjustable. Keep in mind when interest rates for adjustable-rate loans go up, generally so does the monthly payment.

• If the rate quotes is for an adjustable-rate loan, ask how your rate and loan payment will vary, including whether your loan payment will be reduced when rates go down.

• Ask about the loan’s annual percentage rate (APR). The APR takes into account not only the interest rate but also points, broker fees, and certain other credit charges that you may be required to pay, expressed as a yearly rate.