Current Mortgage Rates in Alpena, Michigan
Saturday, November 22, 2008
Current Mortgage Rates*
Loan Type Alpena Average |
|
| 30-yr. fixed | 6.00% |
| 30-yr. fixed jumbo | 7.75% |
| 15-yr. fixed | 5.62% |
| 15-yr. fixed jumbo | 7.38% |
| 7/1 ARM | 6.00% |
| 7/1 ARM jumbo | 7.38% |
| 5/1 ARM | 5.75% |
| 5/1 ARM jumbo | 6.50% |
| 3/1 ARM | 5.75% |
| 3/1 ARM jumbo | 6.62% |
| 1-yr. ARM | 6.25% |
| 1-yr. ARM jumbo | 5.88% |
| 1-yr. LIBOR ARM | 6.00% |
*Mortgage Rates Updated: 11/21/2008
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Current Mortgage Rates in Alpena, Michigan
| Alpena 30-yr. fixed Mortgage Rates | Alpena 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.74% | 6.99% | 1.56 | Citibank | 7.38% | 7.47% | 0.19 |
| Bank of America | 6.69% | 6.84% | 0.87 | Bank of America | 7.35% | 7.61% | 1.84 |
| Wachovia | 6.16% | 6.29% | 0.69 | Wells Fargo | 9.48% | 9.59% | 0.71 |
| Wells Fargo | 6.25% | 6.36% | 0.70 | Chase | 7.88% | 8.02% | 1.05 |
| Chase | 6.21% | 6.36% | 0.91 | Fifth Third Bank | 7.27% | 7.29% | 0.02 |
| Fifth Third Bank | 6.36% | 6.42% | 0.26 | ||||
| Alpena 15-yr. fixed Mortgage Rates | Alpena 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.45% | 6.97% | 2.60 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.19% | 6.48% | 1.07 | Bank of America | 7.21% | 7.58% | 1.50 |
| Wachovia | 5.73% | 5.99% | 0.80 | Wells Fargo | 8.42% | 8.56% | 0.58 |
| Wells Fargo | 6.08% | 6.24% | 0.54 | Chase | 8.31% | 8.55% | 1.13 |
| Chase | 6.01% | 6.26% | 0.87 | Fifth Third Bank | 6.60% | 6.64% | 0.00 |
| Fifth Third Bank | 5.88% | 5.99% | 0.29 | ||||
| Alpena 7/1 ARM Mortgage Rates | Alpena 7/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.75% | 6.16% | 0.95 | Citibank | 7.06% | 7.32% | 0.00 |
| Bank of America | 6.80% | 6.48% | 1.21 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 6.06% | 6.09% | 0.44 | Wells Fargo | 8.68% | 7.25% | 0.74 |
| Wells Fargo | 6.77% | 6.52% | 0.72 | Chase | 8.40% | 6.87% | 1.11 |
| Chase | 6.66% | 6.28% | 0.89 | Fifth Third Bank | 7.04% | 6.97% | 0.00 |
| Fifth Third Bank | 6.57% | 6.62% | 0.00 | ||||
| Alpena 5/1 ARM Mortgage Rates | Alpena 5/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.44% | 5.98% | 1.00 | Citibank | 7.06% | 7.36% | 0.00 |
| Bank of America | 6.53% | 6.18% | 1.02 | Bank of America | 8.07% | 6.65% | 1.05 |
| Wells Fargo | 6.66% | 6.43% | 0.71 | Wells Fargo | 7.54% | 6.66% | 0.74 |
| Chase | 6.38% | 6.11% | 0.84 | Chase | 7.15% | 6.35% | 0.85 |
| Fifth Third Bank | 6.27% | 5.96% | 0.26 | Fifth Third Bank | 6.66% | 5.98% | 0.01 |
| Alpena 3/1 ARM Mortgage Rates | Alpena 3/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.13% | 5.86% | 0.90 | Citibank | 7.38% | 7.50% | 0.00 |
| Bank of America | 6.44% | 6.14% | 1.07 | Bank of America | 6.94% | 7.48% | 0.58 |
| Wachovia | 5.75% | 5.80% | 0.35 | Wells Fargo | 7.50% | 7.30% | 0.19 |
| Wells Fargo | 7.22% | 6.44% | 0.90 | Chase | 7.32% | 6.03% | 1.00 |
| Chase | 5.85% | 5.82% | 1.01 | Fifth Third Bank | 6.64% | 5.85% | 0.00 |
| Fifth Third Bank | 6.03% | 5.83% | 0.23 | ||||
| Alpena 1-yr. ARM Mortgage Rates | Alpena 1-yr. ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.75% | 7.76% | 0.00 | Citibank | 7.00% | 7.90% | 0.00 |
| Bank of America | 7.42% | 6.20% | 1.53 | Wells Fargo | 7.25% | 7.74% | 0.12 |
| Wells Fargo | 7.25% | 7.78% | 0.12 | Chase | 6.74% | 5.82% | 1.04 |
| Chase | 5.73% | 5.78% | 0.96 | Fifth Third Bank | 6.49% | 5.69% | 0.01 |
| Fifth Third Bank | 6.16% | 5.47% | 0.00 | ||||
Banks in Alpena, Michigan
Bank of Alpena, 468 Ripley Boulevard, Alpena Michigan 49707First Federal of Northern Michigan, 100 South Second Avenue, Alpena Michigan 49707
First of America Bank - Alpena, 122 North Second Avenue, Alpena Michigan 49707
Nbd Alpena Bank, 200 West Chisholm Street, Alpena Michigan 49707
Credit Unions in Alpena, Michigan
Alpena County Medical, 710 West Miller, Alpena MI 49707 (989) 356-4561Alpena-alcona Area, P.O. Box 515, Alpena MI 49707 (989) 356-3577
Besser, 1381 N Bagley Street, Po Box 395, Alpena MI 49707-0395 (989) 356-1880
H.P.C. , 1234 W. Chisholm ST. , Alpena MI 49707 (989) 354-4698
Mortgage Statistics for Alpena, Michigan
| Alpena | Michigan | USA | |
|---|---|---|---|
| Population: Population - The population of Alpena, MI  |
24,244 | 9,937,974 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Alpena mortgage. |
23,787 | 7,965,607 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Alpena mortgage. |
66 | 1,412,742 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Alpena mortgage. |
145 | 323,872 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Alpena, MI, where you might buy a home. |
11,618 | 4,232,228 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Alpena, where you might apply for a Alpena mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Alpena, MI |
$79,200 | $114,739 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Alpena mortgage interest rates. |
$34,153 | $45,731 | $43,800 |