“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Michigan Mortgage Rates for Wednesday, June 10, 2009 12:02 PM

Michigan Mortgage Rates as of Wednesday, June 10, 2009 12:02 PM

Mortgage Market Summary Report, provided by Treeside Financial, LLC.

MICHIGAN MORTGAGE RATES AS OF TODAY - FROM TREESIDE FINANCIAL:

30 Year Fixed

Rate

Points

APR

Closing Cost

5.500%

0.000%

5.571%

$1,292

Details

5.375%

0.250%

5.490%

$1,704

Details

5.250%

0.625%

5.397%

$1,704

Details

5.125%

1.625%

5.359%

$1,704

Details

5.000%

2.250%

5.286%

$1,704

Details

20 Year Fixed

Rate

Points

APR

Closing Cost

5.375%

0.125%

5.515%

$1,704

Details

5.250%

0.500%

5.434%

$1,704

Details

5.125%

1.500%

5.427%

$1,704

Details

5.000%

2.125%

5.374%

$1,704

Details

4.875%

2.875%

5.335%

$1,704

Details

15 Year Fixed

Rate

Points

APR

Closing Cost

4.250%

0.000%

4.403%

$1,704

Details

7/1 ARM

Rate

Points

APR

Closing Cost

4.500%

0.581%

4.376%

$1,434

Details

4.375%

0.823%

4.349%

$1,434

Details

4.250%

1.028%

4.317%

$1,434

Details

4.125%

1.234%

4.286%

$1,434

Details

5/1 ARM

Rate

Points

APR

Closing Cost

4.250%

0.461%

4.257%

$1,434

Details

4.125%

0.725%

4.244%

$1,434

Details

4.000%

1.015%

4.233%

$1,434

Details

3.875%

1.306%

4.222%

$1,434

Details

3.750%

1.423%

4.194%

$1,434

Details

3/1 ARM

Rate

Points

APR

Closing Cost

3.875%

0.127%

4.147%

$1,434

Details

3.750%

0.319%

4.142%

$1,434

Details

3.625%

0.511%

4.136%

$1,434

Details

3.500%

4.759%

4.468%

$1,572

Details

3.375%

5.040%

4.468%

$1,572

Details

Customized Home Loan Quote Here: www.TreeQual.com

Ready to Apply? CLICK HERE or Visit www.treesidefinancial.com and select "FULL APPLICATION"

CALL 586.323.2500

These rates are for Michigan Residential Mortgages Only.

All of the above listed scenarios include 1 point or 1% of the loan amount plus the standard closing fees.

All of the above scenarios require an escrow account for taxes and insurance, which may be waived for an additional fee, contact Treeside for details.

Disclaimer: Rates and approval criteria are subject to change without notice. All rates, points and closing costs are valid on the date and time this email was sent or the date this blog was posted. This email is not a commitment to lend.

Posted Wednesday Jun 10