« Borrower Checklist: What’s required to apply for a home loan? | Mortgage Rates for the week of 5/25/2010 »

Mortgage Rates for the week of 5/19/2010

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: 05/19/2010

FIXED RATES 0 points APR * 2 points APR *
30 YEAR 5.000 5.038 4.500 4.713
20 YEAR 4.875 4.925 4.375 4.665
15 YEAR 4.375 4.443 3.875 4.245
10 YEAR 4.250 4.349 3.750 4.282

ARM RATES 0 points APR **
3/1 ARM 4.250 3.415
5/1 ARM 4.375 3.607
7/1 ARM 4.625 3.863
10/1 ARM 4.875 4.262

FHA RATES 0 points APR **
30 Years 5.375 5.412
20 Years 5.375 5.425
15 Years 4.750 4.820

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.

| **Buy a Home** | **Buy a Condo** |

This entry was posted on 19. May 2010 at 03:05 and is filed under First Federal News, Rates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or trackback from your own site.

| Print

Leave a Reply

You must be logged in to post a comment.