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	Michigan Mortgage Rates

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Bankrate results for a loan of $152,500.00 based on downpayment of $30,500.00

3/1 ARM - Detroit

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Lender

Date

Rate

APR*

Fees

Points

Caps 1st/Addl/Life

Lock

Monthly($)

Bank of America

01/06

7.250

5.158

$1,400

0.900/
0.000

2.00/
2.00/
6.00

$1,040

Comerica Bank
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12/31

6.125

4.833

$1,179

0.000/
0.000

2.00/
2.00/
6.00

$927

Northern Trust Bank, FSB
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12/31

4.750

3.377

$1,250

0.000/
0.000

2.00/
2.00/
6.00

$796

First Place Bank
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12/31

5.625

3.634

$2,200

0.000/
0.000

2.00/
2.00/
6.00

$878

National City Bank
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12/31

6.125

4.901

$789

0.000/
1.000

2.00/
2.00/
6.00

$927

Flagstar Bank
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12/31

5.875

4.743

$690

0.000/
0.000

2.00/
2.00/
6.00

$902

Citizens First Savings Bank
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12/31

6.500

3.940

$400

0.000/
0.000

2.00/
2.00/
6.00

$964

Chase Bank
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12/31

7.000

5.014

0.375/
0.000

2.00/
2.00/
6.00

$1,015

Contacting Lenders
If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the lender you choose, please click here . Many lenders have different rates on their own Websites than those posted on Bankrate.com. In order to get the Bankrate.com rate, please identify yourself as a Bankrate.com customer.

The rates above were collected by Bankrate.com on the dates specified. Rates are subject to change without notice and may vary from branch to branch. Rate/APR and terms may vary based on the creditworthiness of the individual and the extent to which the loan differs from the one used for Bankrate.com quotes. For criteria used in surveys of rates above, click here . These quotes are from banks, thrifts, and brokers, some of whom have paid for a link to their own Web site, where you can find additional information.

This list was created Wednesday, January 07, 2009 at 05:45

Other Rates for Michigan
30 Year Fixed	30 Year Fixed Jumbo	3/1 ARM	3/1 ARM Jumbo
15 Year Fixed	15 Year Fixed Jumbo	5/1 ARM	5/1 ARM Jumbo
1 Year ARM	1 Year ARM Jumbo