Current Mortgage Rates in Bad Axe, Michigan

Saturday, November 22, 2008



Current Mortgage Rates*

Loan Type
Bad Axe Average
30-yr. fixed5.88%
15-yr. fixed5.50%
5/1 ARM5.50%
3/1 ARM5.75%
*Mortgage Rates Updated: 11/21/2008

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Current Mortgage Rates in Bad Axe, Michigan

Bad Axe 30-yr. fixed Mortgage Rates Bad Axe 30-yr. fixed jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.62%6.68%0.00Citibank7.75%7.79%0.12
Bank of America6.38%6.50%0.92Bank of America7.12%7.26%1.17
Wells Fargo6.62%6.68%0.25Wells Fargo7.25%7.29%0.12
Chase6.50%6.59%0.25Chase7.12%7.16%0.12
Fifth Third Bank6.34%6.40%0.35Fifth Third Bank7.38%7.40%0.00
Bad Axe 15-yr. fixed Mortgage Rates Bad Axe 15-yr. fixed jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.25%6.37%0.25Bank of America7.62%7.82%1.00
Bank of America6.12%6.32%0.90Wells Fargo7.12%7.17%0.12
Wells Fargo6.25%6.35%0.25Chase7.00%7.05%0.12
Chase6.38%6.47%0.12Fifth Third Bank7.50%7.54%0.00
Fifth Third Bank5.86%5.97%0.36 
Bad Axe 7/1 ARM Mortgage Rates Bad Axe 7/1 ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.88%7.10%0.12Citibank7.12%7.19%0.00
Chase6.62%6.98%0.12Chase6.75%7.02%0.12
Fifth Third Bank6.50%6.55%0.00Fifth Third Bank7.38%7.40%0.00
Bad Axe 5/1 ARM Mortgage Rates Bad Axe 5/1 ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.75%7.08%0.00Citibank7.25%7.25%0.00
Bank of America6.00%6.84%1.08Bank of America6.75%7.10%0.95
Wells Fargo6.50%6.78%0.12Wells Fargo7.75%7.09%0.12
Chase6.25%6.90%0.12Chase7.00%7.18%0.12
Fifth Third Bank6.24%6.00%0.31Fifth Third Bank7.38%7.40%0.00
Bad Axe 3/1 ARM Mortgage Rates Bad Axe 3/1 ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.75%7.14%0.00Citibank7.75%7.39%0.00
Bank of America6.00%7.06%1.09Bank of America7.00%7.35%1.08
Wells Fargo7.50%6.97%0.12Wells Fargo8.25%7.08%0.25
Chase6.88%7.33%0.00Chase7.12%7.38%0.25
Fifth Third Bank6.00%5.87%0.26Fifth Third Bank7.38%7.40%0.00
Bad Axe 1-yr. ARM Mortgage Rates Bad Axe 1-yr. ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Fifth Third Bank6.50%6.55%0.00Fifth Third Bank7.38%7.40%0.00

Banks in Bad Axe, Michigan

First National Bank of Bad Axe, One East Huron Avenue, Bad Axe Michigan 48413
First of America Bank - Thumb Area, 305 East Huron Avenue, Bad Axe Michigan 48413
Northstar Bank, 833 South Van Dyke, Bad Axe Michigan 48413

Mortgage Statistics for Bad Axe, Michigan

  Bad Axe Michigan USA
Population:
Population - The population of Bad Axe, MI
 8,034 9,937,974 284,881,454
White Population:
White Population - The number of white people living in where you might apply for a Bad Axe mortgage.
 7,875 7,965,607 210,951,199
Black Population:
Black Population - The number of black people living in where you might apply for a Bad Axe mortgage.
 18 1,412,742 33,966,477
Hispanic Population:
Hispanic Population - The number of hispanic people living in where you might apply for a Bad Axe mortgage.
 125 323,872 34,671,551
HouseHolds:
HouseHolds - The total number of households in Bad Axe, MI, where you might buy a home.
 3,302 4,232,228 117,153,924
Person per Household:
Person per Household - The average number of people in a household in Bad Axe, where you might apply for a Bad Axe mortgage.
 2 2 2
Average House Value:
Average House Value - The average house value in Bad Axe, MI
 $78,300 $114,739 $132,188
Income per Household:
Income per Household - The household income where you might compare Bad Axe mortgage interest rates.
 $38,623 $45,731 $43,800

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