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Michigan Mortgage Rates 11/21/2009

Loan Type Today +/-
30 yr fixed 4.94
15 yr fixed 4.56
5/1 ARM 3.75

Rates may contain points

Warren 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

How will the Bailout Affect Mortgage Rates?

Regardless of how the financial bailout plan affects the overall economy, mortgage rates may fall in the short term, but will have to rise before ...»

Fed Decisions Indicate Higher Mortgage Rates

What the Federal Reserve Bank says and does can have a significant impact upon consumers at the retail level by affecting such things as mortgage ...»

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 ...»

Federal Reserve Slashes Rates. Will it Lower Mortgage Rates?

Will the Federal Reserve announcement to lower the Fed funds rate lower mortgage rates? Yes.»