RATES SUBJECT TO CHANGE DAILY.
ALL RATES SET AT THE TIME OF LOAN FUNDING
DIRECT FARM REAL ESTATE LOAN RATES
(Effective for the week of 05/06/08 thru 05/12/08)
| RATE INDEX |
TERMS |
LEVEL I |
LEVEL II |
LEVEL III |
 |
| QUARTERLY ADJ. |
25 YEARS |
4.55% |
5.05% |
6.05% |
| ANNUAL ADJ. |
25 YEARS |
5.00% |
5.50% |
6.50% |
| 3 YEAR ADJ. |
25 YEARS |
5.83% |
6.33% |
7.33% |
| 5 YEAR ADJ. |
25 YEARS |
6.30% |
6.80% |
7.80% |
| 10 YEAR ADJ. |
25 YEARS |
6.50% |
7.00% |
8.00% |
| 25 YEAR FIXED |
25 YEARS |
6.830% |
7.330% |
8.330% |
NOTE!!!
THE MAXIMUM LOAN NOT TO EXCEED $1,000,000
No prepayment penalities for early payment.
For direct farm real estate loan rates, the maximum rate charged during
the term of the loan will not increase by more than 6% from the initial
interest rate on the quarterly, annual, 3 year and 5 year adjusted rates.
|
|
GUARANTEED LOAN PURCHASE PROGRAM RATES
(Effective for the week of 05/06/08 thru 05/12/08)
| RATE INDEX |
BND NET RATE |
+ |
LEAD LENDER |
|
|
| QUARTERLY ADJ. |
3.30% |
+ |
SERVICE FEE |
= BORROWER RATE |
| 5 YEAR ADJ. |
5.05% |
+ |
SERVICE FEE |
= BORROWER RATE |
|
COMMERCIAL/FARM PARTICIPATION
DAILY ADJUSTABLE LOAN RATE INDEXES
| RATE INDEX (Effective 05-07-08) |
INDEX |
|
| Wallstreet 1 Month LIBOR |
2.62125% |
| Wallstreet 3 Month LIBOR |
2.73438% |
|
| RATE INDEX (Effective 05-08-08) |
INDEX |
|
| FHLB 1 Month LIBOR |
2.590% |
| FHLB 3 Month LIBOR |
2.716% |
| FHLB 1 Yr Adv Rate |
2.61% |
| FHLB 2 Yr Adv Rate |
3.12% |
| FHLB 3 Yr Adv Rate |
3.50% |
| FHLB 5 Yr Adv Rate |
4.02% |
| FHLB 7 Yr Adv Rate |
4.47% |
| FHLB 10 Yr Adv Rate |
4.86% |
|
COMMERCIAL/FARM PARTICIPATION
WEEKLY ADJUSTABLE LOAN RATE INDEXES
(Effective for the week of 05/06/08 thru 05/12/08)
| RATE INDEX
| |
INDEX
|
 |
| 90 Day Treasury Constant Maturities |
|
1.45% |
| 1 Year Treasury Constant Maturities |
|
1.93% |
| 3 Year Treasury Constant Maturities |
|
2.56% |
| 5 Year Treasury Constant Maturities |
|
3.10% |
| 10 Year Treasury Constant Maturities |
|
3.83% |
|
For further information about the interest rates or other Bank of North
Dakota programs, contact:
Bank of North Dakota
700 East Main Ave
PO Box 5509
Bismarck ND 58506-5509
(701) 328-5786
1-800-472-2166 ext. 5786
|
