Tuesday, July 31, 2012
Ann Arbor Mortgage Rate Update
30yr fxd – 3.500% APR – 3.521%
20yr fxd – 3.250% APR - 3.302%
15yr fxd – 2.875% APR – 2.909%
10yr fxd – 2.750% APR – 2.806%
30 yr fxd FHA – 3.500% APR – 3.689%
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
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