Current Interest Rates

Mortgage Lending Rates

Mortgage Rates3
Effective Date: 10/22/2020
Cost per $1K / Payment Stream per Year
Product Rate Points APR1 Years Payment Years Payment Years Payment
Portfolio 3/1 ARM2 3.000% 0.000 2.737% 1-3 $4.22 4-30 $4.03
Portfolio 3/1 ARM2 - Interest Only 3.000% 0.000 3.028% 1-3 $2.50 4-10 $2.50 11-30 $5.55
Portfolio 5/1 ARM2 3.000% 0.000 2.786% 1-5 $4.22 6-30 $4.04
Portfolio 5/1 ARM2 - Interest Only 3.000% 0.000 3.028% 1-5 $2.50 6-10 $2.50 11-30 $5.55
Portfolio 7/1 ARM2 3.125% 0.000 2.887% 1-7 $4.28 8-10 $4.07
Portfolio 7/1 ARM2 - Interest Only 3.125% 0.000 3.080% 1-7 $2.60 8-10 $2.50 11-30 $5.55
Conforming Fixed 30 3.000% 0.000 3.153% 1-30 $4.22
Conforming Fixed 20 2.875% 0.000 3.091% 1-20 $5.48
Conforming Fixed 15 2.625% 0.000 2.904% 1-15 $6.73
Conforming Fixed 10 2.375% 0.000 2.781% 1-10 $9.37

Personal Banking Rates

Savings Rates
Account Name Interest Rate APY*
Statement 0.05% 0.05%
Passbook 0.05% 0.05%
Club/Holiday 0.05% 0.05%
Student 0.05% 0.05%
Certificates of Deposit & IRA Rates
Account Name Interest Rate APY1
3 Month 0.10% 0.10%
5 Month 0.50% 0.50%
6 Month 0.20% 0.20%
9 Month 0.30% 0.30%
12 Month 0.40% 0.40%
13 Month 0.40% 0.40%
14 Month 0.40% 0.40%
15 Month 0.40% 0.40%
16 Month 0.40% 0.40%
18 Month 0.40% 0.40%
24 Month - 2 Year 0.65% 0.65%
30 Month 0.65% 0.65%
36 Month - 3 Year 0.65% 0.65%
48 Month - 4 Year 0.70% 0.70%
60 Month - 5 Year 0.70% 0.70%
84 Month - 7 Year 0.70% 0.70%
Money Market Account Rates
Account Name Interest Rate APY*
Premier MMA** 0.60% 0.60%
Ascend MMA** 0.30% 0.30%
Core MMA** 0.10% 0.10%
Checking Rates
Account Name Tier Level Interest Rate APY*
Prime Dime Interest Checking Less than $1,500 0.05% 0.05%
Prime Dime Interest Checking $1,500.00 to $9,999.99 0.08% 0.08%
Prime Dime Interest Checking $10,000 and over 0.10% 0.10%
Fabulous 50 Interest Checking 0.05% 0.05%
Direct Interest Checking 0.05% 0.05%

Effective Date: 10/2/2020. Posted interest rates are subject to change at any time. Effective Date of Mortgage Rates as posted within the Mortgage Lending Rates chart.

Mortgage Rate Disclosures: The product data on this rate sheet is for informational purposes only and is based on a purchase of an owner-occupied, single-family property, located in the state of New York. Mortgage interest rates shown are based on a borrower having a FICO credit score of 740, a 60% loan-to-value (LTV), and a 60-day rate lock period. Under certain circumstances, a 60-day rate lock may not be available. Mortgage interest rates are based on current market rates, and are subject to pricing adjustments related to several factors including, but not limited to, property type and location, loan amount, loan type, loan-to-value, occupancy type and borrower credit history.

Mortgage rates are indication only and are subject to change at any time.

1The annual percentage rate (APR) is the cost of credit over the term of the loan expressed as a yearly rate. The APRs are based on the interest rate, loan origination fees, and applicable closing costs and does not take into account other loan specific finance charges that may be required.

2For adjustable-rate mortgage (ARM) products, the monthly principal and interest payment will remain in effect for a limited period of time and then may change periodically. The index is based on the weekly average of the 1 Year Constant Maturity Treasury (CMT) Rate, plus a margin of 2.500%. The interest only (IO) products index is based on the weekly average of the interbank offered rates for one-year U.S. dollar-denominated deposits in the London market (LIBOR) as published in The Wall Street Journal, plus a margin of 2.500%. ARM and IO products are subject to annual and/or lifetime adjustment caps.

All Fannie Mae refinances (limited cash-out refinances and cash out refinances) have a loan level pricing adjustment of 0.50%

This is not a commitment to lend. Restrictions apply.

* APY = Annual Percentage Yield.

** Dime Money Market Account Relationship Pricing – All Dime Money Market Accounts are based on relationship pricing, which provides additional rate benefits as qualifying levels of activity are achieved during a period. During a period, all Dime Money Market Accounts will be evaluated to determine the level of activity. Based on that evaluation, accounts will be placed in one of the three accounts: Core MMA, Ascend MMA and Premier MMA. Relationship Pricing Terms & Conditions

** In order to qualify for Dime’s Relationship Rates, you must have a Checking Account and depending on the Money Market account type, perform the qualifying transactions per month. A qualifying transaction consists of Bill Pay/ACH, Zelle Transaction, Check, Debit Card Transaction, Direct Deposits, Mobile/Teller Deposits. ATM withdrawals are not qualifying transactions.

** Must have Dime Online Banking to use Dime Mobile Banking. Dime Mobile Banking App is available for select mobile devices. Mobile Banking is a free service from Dime. However your mobile carrier may charge for data and text message usage.