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Monday, May 7, 2012

Mortgage Rate Update




30yr fxd – 3.875%  APR – 3.902%

20yr fxd – 3.625%  APR  - 3.692%

15yr fxd – 3.125%  APR – 3.190%

10yr fxd – 3.000%  APR – 3.040%

30 yr fxd FHA – 3.750%  APR – 3.889%



Rates are based on a mortgage of $200,000, 80% LTV, no points and a credit score of 740 or higher.




Charles E. Chapell
Vice President Mortgage
United Bank and Trust
2723 South State Street, Suite 210
Ann Arbor, MI 48104
Office: 734-214-2728
Email: cchapell@ubat.com


1 comment:

  1. Here is a Helpful LTV calculator, if you need you need to calculate your LTV:
    http://www.theloanengine.co.uk/blog/ltv-calculator-widget-and-infographic/
    You can add it onto your website.

    ReplyDelete