Archive for 17. April 2010

Mortgage Rates for the week of 4/13/2010

17. April 2010 by Tim Vicsik.

From the desk of:
Maribeth Roncz
Loan Officer
First Federal Savings Bank  
906 W Edison Rd. Mishawaka, IN 46545  

Mortgage Loan Interest Rates

Interest Rates and Annual Percentage Rates (APRs) are effective as of: 04/13/2010

FIXED RATES 0 points APR * 2 points APR *
30 YEAR 5.375 5.412 4.875 5.091
20 YEAR 5.250 5.301 4.750 5.047
15 YEAR 4.750 4.820 4.250 4.619
10 YEAR 4.625 4.718 4.125 4.655

ARM RATES 0 points APR **
3/1 ARM 4.500 3.472
5/1 ARM 4.625 3.699
7/1 ARM 4.875 3.400
10/1 ARM 5.125 4.430

FHA RATES 0 points APR **
30 Years 5.625 5.661
20 Years 5.625 5.674
15 Years 4.875 4.939

FHA Mortgage Loan - A borrower does not have to have perfect credit to qualify for an FHA mortgage. And FHA has many options to help borrowers stay in their home and avoid foreclosure.

Interest rates are subject to change at anytime and may be subject to additional fees, including delivery fees, depending on the loan program selected, LTV, credit history, and additional underwriting characteristics.

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