California Residents Can Take Advantage of Low Mortgage Rate Offered by Local Credit Union, According to Go Banking Rates

The Web's premier local interest rate aggregating websitewww.GoBankingRates.com features competitive mortgage rate available from a local California credit union in its latest rate publication.

January 14, 2013 – In its latest interest rates publication, Go Banking Rates is featuring Technicolor Credit Union for its mortgage rates of 3.625% APR. California homeowners who lock in a low mortgage rate, like the one offered by Technicolor Credit Union, could save thousands of dollars in interest over the life of their mortgage loan.

The mortgage rate offered by Technicolor Credit Union is based on a 30-year term for a loan amount of $250,000. Mortgage rates are fixed with the APR at 3.628%, the loan-to-value is 80% and the assumed credit rating of the borrower is 740. To acquire the rate, the credit union also assumes the borrower is paying all closing costs. Mortgage rates will differ for other scenarios and are subject to change without notice.

Technicolor Credit Union was originally granted a federal charter and founded as Technicolor Employees Federal Credit Union in 1952. After several moves and a name change, the credit union merged with Entertainment Capital Federal Credit Union in 2005, which helped it open its membership to over 200 companies and thousands of members.

Along with mortgage loans, Technicolor Credit Union offers auto loans, HELOC, personal loans, credit cards and deposit accounts. The credit union’s website also offers financial calculators to help determine readiness for loans, credit cards and investment opportunities.

For more information about Technicolor Credit Union and other local financial institutions in the state, visitwww.CaliforniaBankingRates.com.

To learn more about this rate, please click here.

Other Terms and Conditions may apply. Interest rates are based on the institution’s online published rates and may have changed since this offer was posted. Additionally, Go Banking Rates manually collects interest rates from local institutions to determine the most competitive offers in the area – featured banks and credit unions do not pay to be featured in rate alerts. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.

About Go Banking Rates

GoBankingRates.com is a national personal finance website dedicated to connecting readers with the best interest rates on bank products nationwide. The Go Banking Rates team manually collects interest rate information from over 4,000 banks and credit unions, making their database the only source of comprehensive and authentic local rate data.

GoBankingRates.com is the national flagship site within a network of more than 1,500 banking domains, including local partner site CaliforniaBankingRates.com, which generate more than 2 million visits each month. California Banking Rates is a locally-focused website dedicated to connecting California readers with the best interest rates in the state on Certificates of Deposits, Savings Accounts, Auto Loans, Mortgages and more.