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 06/30/09 through 07/06/09)
| RATE INDEX |
TERMS |
LEVEL I |
LEVEL II |
LEVEL III |
 |
| QUARTERLY ADJ.* |
25 YEARS |
3.40% |
3.90% |
4.90% |
| ANNUAL ADJ. |
25 YEARS |
3.82% |
4.32% |
5.32% |
| 3 YEAR ADJ. |
25 YEARS |
4.80% |
5.30% |
6.30% |
| 5 YEAR ADJ. |
25 YEARS |
5.81% |
6.31% |
7.31% |
| 10 YEAR ADJ.** |
25 YEARS |
6.50% |
7.00% |
8.00% |
| 25 YEAR FIXED** |
25 YEARS |
6.75% |
7.25% |
8.25% |
NOTE!!! THE MAXIMUM LOAN NOT TO EXCEED $1,000,000
No prepayment penalties 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.
*Quarterly adjustable rate loans funded prior to 4-30-08 are indexed to
the FHLB 3 month LIBOR rate quoted under the Daily Adjustable Loan Rate
Indexes below.
.
**Rate floors has been established on the 10 yr adj and the 25 yr fixed
rate for Levels I, II, and III.
RATES SUBJECT TO CHANGE DAILY. ALL RATES SET AT THE TIME OF LOAN FUNDING. |
|
GUARANTEED LOAN PURCHASE PROGRAM RATES
(Effective for the week of 06/30/09 through 07/06/09)
| RATE INDEX |
BND NET RATE |
+ |
LEAD LENDER |
|
|
| QUARTERLY ADJ. |
2.15% |
+ |
SERVICE FEE |
= BORROWER RATE |
| 1 YEAR ADJ. |
2.57% |
+ |
SERVICE FEE |
= BORROWER RATE |
| 2 YEAR ADJ. |
2.85% |
+ |
SERVICE FEE |
= BORROWER RATE |
| 3 YEAR ADJ. |
3.55% |
+ |
SERVICE FEE |
= BORROWER RATE |
| 5 YEAR ADJ. |
4.56% |
+ |
SERVICE FEE |
= BORROWER RATE |
| 7 YEAR ADJ. |
5.31% |
+ |
SERVICE FEE |
= BORROWER RATE |
|
COMMERCIAL/FARM PARTICIPATION
DAILY ADJUSTABLE LOAN RATE INDEXES
| RATE INDEX (Effective 07-02-09) |
INDEX |
|
| Wallstreet 1 Month LIBOR |
0.30438% |
| Wallstreet 3 Month LIBOR |
0.57750% |
|
| RATE INDEX (Effective 07-02-09) |
INDEX |
|
| FHLB 1 Month LIBOR |
0.304% |
| FHLB 3 Month LIBOR |
0.578% |
| FHLB 1 Yr Adv Rate |
1.52% |
| FHLB 2 Yr Adv Rate |
1.80% |
| FHLB 3 Yr Adv Rate |
2.44% |
| FHLB 5 Yr Adv Rate |
3.51% |
| FHLB 7 Yr Adv Rate |
4.29% |
| FHLB 10 Yr Adv Rate |
4.73% |
|
COMMERCIAL/FARM PARTICIPATION
WEEKLY ADJUSTABLE LOAN RATE INDEXES
(Effective for the week of 06/30/09 through 07/06/09)
| RATE INDEX
| |
INDEX
|
|
| 90 Day Treasury Constant Maturities |
|
0.19% |
| 1 Year Treasury Constant Maturities |
|
0.48% |
| 3 Year Treasury Constant Maturities |
|
1.72% |
| 5 Year Treasury Constant Maturities |
|
2.66% |
| 10 Year Treasury Constant Maturities |
|
3.63% |
|
For further information about the interest rates or other Bank of North
Dakota programs, contact:
Bank of North Dakota
1200 Memorial Hwy
PO Box 5509
Bismarck ND 58506-5509
(701) 328-5817
1-800-472-2166 ext. 5817
|
