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Archive for 24. August 2010

Mortgage Rates for the week of 8/17/2010

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: 08/17/2010

FIXED RATES 0 points APR * 2 points APR *
30 YEAR 4.500 4.538 4.000 4.207
20 YEAR 4.375 4.427 3.875 4.162
15 YEAR 4.000 4.068 3.500 3.867
10 YEAR 3.875 3.974 3.375 3.905

ARM RATES 0 points APR **
3/1 ARM 3.875 3.233
5/1 ARM 4.000 3.390
7/1 ARM 4.250 3.626
10/1 ARM 4.500 3.972

FHA RATES 0 points APR **
30 Years 5.000 5.038
20 Years 4.875 4.925
15 Years 4.375 4.443

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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