30 year fixed rate Mortgage

A 30 year mortgage is the most common because many people can not afford to go to a lower term.

Borrowers feel that a 30 year fixed mortgage is the best option most lives in their home for 5-7 years

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30 Year Fixed Rate Mortgage Jumbo

30 year fixed rate mortgage is the most common fixed mortgage for residential financing in the country. The greatest advantage for a home buyer is the predictability of the payments each month.

Today's Rates 06/04/2009

Program Type

Rate

Points

APR

30 Year Fixed Jumbo

Based on a $359,650 Loan

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Payment Calculator

6.375%

2.000%

5.735%

6.500%

1.500%

5.735%

6.625%

1.000%

5.859%

6.750%

0.500%

5.859%

6.875%

0.250%

6.257%

6.975%

0.000%

6.257%

Fixed-rate mortgages are Fannie Mae's flagship products, since many consumers prefer the stability of both a fixed interest rate and a fixed payment over the life of the loan.

Mortgage Amount

Mortgage Program

Time Frame

Estimated Property Value

Purpose of the Loan

Property Type

Property Street Address

City

State

Zip Code

CONTACT AND BORROWER INFORMATION

First Name

Last Name

Email Address

Current Address

City

State

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Primary Phone

Work Phone

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Time with Employer

Monthly Income

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Interest Rates

Current Rates

30 Yr Fixed 5.500%
20 Yr. Fixed 5.250%
15 Yr Fixed 5.000%
30 Yr Jumbo 6.750%
15 Yr Jumbo 6.250%
30 Yr Land 7.150%
15 Yr Land 6.100%
Float Land 4.750%
Prime Rate 3.250%
Commercial 6.375%

Interest rates, mortgage program terms and conditions are subject to change without notice. Loans are subject to credit review and approval. Properties securing all loans must be located in Michigan.