Compare Marquette Rates

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Michigan Mortgage Rates 11/21/2009

Loan Type Today +/-
30 yr fixed 4.88
15 yr fixed 4.63
5/1 ARM 3.75

Rates may contain points

Marquette Mortgage Rates Basic Series

Conforming

For loan amounts up to $417,000 (APR based on $400,000)

Jumbo

For loan amounts over $417,000 (APR based on $500,000)

FHA

Loan limits vary by state (APR based on $150,000)

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Mortgage Rates Stories

All Fall Down: What if Fed Rates go to Zero?

If the Federal Reserve keeps cutting rates until they hit zero, it might stimulate the economy by boosting the housing market. On the other hand, ...»

Obama Embracing Treasury Plan to Drive Down Mortgage Rates

There may soon be a new chapter added to the Obama economic plan; advisors are hammering out the details of a strategy to lower mortgage rates ...»

Mortgage Crisis Solution: Rate Buydown

Mortgage rate buy down strategies are gaining momentum and enjoying widespread and diverse support as a solution to some of the nation's most ...»

Government Tries to Drive Down Mortgage Rates

Because investors are afraid to buy mortgage backed securities (MBS) or mortgage bonds, the Fed is using taxpayer money to buy large amounts of ...»