Michigan Mortgage Rates Posted on 6/16/09 12:51 PM
Mortgage Market Summary Report, provided by Treeside Financial, LLC.
MICHIGAN MORTGAGE RATES AS OF TODAY - FROM TREESIDE FINANCIAL:
|
20 Year Fixed |
|||||
|
Rate |
Points |
APR |
Closing Cost |
|
|
|
5.250% |
0.000% |
5.344% |
$1,292 |
||
|
5.125% |
0.375% |
5.293% |
$1,704 |
||
|
5.000% |
0.875% |
5.227% |
$1,704 |
||
|
4.875% |
1.625% |
5.189% |
$1,704 |
||
|
4.750% |
2.125% |
5.121% |
$1,704 |
|
15 Year Fixed |
|||||
|
Rate |
Points |
APR |
Closing Cost |
|
|
|
4.750% |
0.000% |
4.905% |
$1,704 |
||
|
4.625% |
0.625% |
4.873% |
$1,704 |
||
|
4.500% |
1.125% |
4.821% |
$1,704 |
||
|
4.375% |
1.625% |
4.768% |
$1,704 |
||
|
4.250% |
2.250% |
4.733% |
$1,704 |
|
7/1 ARM |
|||||
|
Rate |
Points |
APR |
Closing Cost |
|
|
|
4.750% |
0.000% |
4.324% |
$1,415 |
||
|
4.625% |
0.299% |
4.301% |
$1,434 |
||
|
4.500% |
0.636% |
4.282% |
$1,434 |
||
|
4.375% |
0.974% |
4.263% |
$1,434 |
||
|
4.250% |
1.113% |
4.229% |
$1,434 |
|
5/1 ARM |
|||||
|
Rate |
Points |
APR |
Closing Cost |
|
|
|
4.375% |
0.000% |
4.126% |
$1,129 |
||
|
4.250% |
0.151% |
4.119% |
$1,434 |
||
|
4.125% |
0.489% |
4.112% |
$1,434 |
||
|
4.000% |
0.790% |
4.102% |
$1,434 |
||
|
3.875% |
1.092% |
4.092% |
$1,434 |
|
3/1 ARM |
|||||
|
Rate |
Points |
APR |
Closing Cost |
|
|
|
3.750% |
0.000% |
3.982% |
$1,273 |
||
|
3.625% |
0.093% |
3.976% |
$1,434 |
||
|
3.500% |
4.517% |
4.315% |
$1,572 |
||
|
3.375% |
4.746% |
4.311% |
$1,572 |
||
|
3.250% |
5.028% |
4.311% |
$1,572 |
|
10/1 ARM |
|||||
|
Rate |
Points |
APR |
Closing Cost |
|
|
|
5.000% |
0.000% |
4.563% |
$1,403 |
||
|
4.875% |
0.191% |
4.516% |
$1,434 |
||
|
4.750% |
0.615% |
4.488% |
$1,434 |
||
|
4.625% |
1.040% |
4.460% |
$1,434 |
|
30 Year Fixed |
|||||
|
Rate |
Points |
APR |
Closing Cost |
|
|
|
5.250% |
0.000% |
5.331% |
$1,498 |
||
|
5.125% |
0.500% |
5.260% |
$1,704 |
||
|
5.000% |
1.000% |
5.178% |
$1,704 |
||
|
4.875% |
1.743% |
5.106% |
$1,527 |
||
|
4.750% |
2.250% |
5.032% |
$1,704 |
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 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. Click the DETAILS link for additional disclosures.
Competitive Home Loan Company with EXCEPTIONAL Service! Prequalify and get quotes online: www.TreeQual.com
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