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Mortgage Rates for the week of 5/11/2010
Posted By admin On 12. May 2010 @ 04:40 In First Federal News, Rates | No Comments
From the desk of:
Maribeth Roncz
Loan Officer
First Federal Savings Bank
906 W Edison Rd. Mishawaka, IN 46545
Interest Rates and Annual Percentage Rates (APRs) are effective as of: 05/11/2010
| FIXED RATES | 0 points | APR * | 2 points | APR * |
|---|---|---|---|---|
| 30 YEAR | 5.125 | 5.167 | 4.625 | 4.839 |
| 20 YEAR | 5.000 | 5.052 | 4.500 | 4.790 |
| 15 YEAR | 4.500 | 4.568 | 4.000 | 4.370 |
| 10 YEAR | 4.375 | 4.473 | 3.875 | 4.407 |
| ARM RATES | 0 points | APR ** |
|---|---|---|
| 3/1 ARM | 4.375 | 3.443 |
| 5/1 ARM | 4.500 | 3.652 |
| 7/1 ARM | 4.750 | 5.477 |
| 10/1 ARM | 5.000 | 4.343 |
| FHA RATES | 0 points | APR ** |
|---|---|---|
| 30 Years | 5.500 | 5.537 |
| 20 Years | 5.500 | 5.548 |
| 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.
| **[1] Buy a Home** | **[2] Buy a Condo** |
Article printed from South Bend Mortgage Rates, Information and Programs. Notre Dame Indiana Mortgage.: http://south-bend-mortgage.com
URL to article: http://south-bend-mortgage.com/2010/05/12/mortgage-rates-for-the-week-of-5112010/
URLs in this post:
[1] Buy a Home: http://www.timvicsik.com/
[2] Buy a Condo: http://nd-condos.com/
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