Current Mortgage Rates in Big Rapids, Michigan
Saturday, March 20, 2010
Current Mortgage Rates*
Loan Type Big Rapids Average |
|
| 30-yr. fixed | 5.12% |
| 30-yr. fixed jumbo | 5.50% |
| 15-yr. fixed | 4.25% |
| 15-yr. fixed jumbo | 5.38% |
| 7/1 ARM | 4.12% |
| 7/1 ARM jumbo | 5.12% |
| 5/1 ARM | 4.00% |
| 5/1 ARM jumbo | 4.75% |
| 3/1 ARM | 4.38% |
| 3/1 ARM jumbo | 4.25% |
| 1-yr. ARM | 2.88% |
| 1-yr. ARM jumbo | 3.00% |
| 1-yr. LIBOR ARM | 4.62% |
*Mortgage Rates Updated: 03/19/2010
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Current Mortgage Rates in Big Rapids, Michigan
| Big Rapids 30-yr. fixed Mortgage Rates | Big Rapids 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 5.24% | 5.32% | 0.11 | Wells Fargo | 5.44% | 5.57% | 1.00 |
| Bank of America | 6.78% | 6.94% | 1.64 | ||||
| Wells Fargo | 4.88% | 5.06% | 1.00 | ||||
| Big Rapids 15-yr. fixed Mortgage Rates | Big Rapids 7/1 ARM Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 4.58% | 4.72% | 0.12 | Wells Fargo | 4.08% | 3.58% | 1.00 |
| Bank of America | 5.26% | 5.45% | 1.11 | ||||
| Wells Fargo | 4.20% | 4.51% | 1.00 | ||||
| Big Rapids 5/1 ARM Mortgage Rates | Big Rapids 5/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Bank of America | 5.31% | 3.97% | 1.04 | Wells Fargo | 4.97% | 3.70% | 1.00 |
| Wells Fargo | 3.58% | 3.34% | 1.04 | ||||
| Big Rapids 3/1 ARM Mortgage Rates | Big Rapids 10-yr. fixed Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Bank of America | 5.44% | 3.77% | 1.02 | Citibank | 4.31% | 4.51% | 0.11 |
| Wells Fargo | 4.48% | 3.44% | 1.00 | Bank of America | 5.35% | 5.61% | 1.02 |
Banks in Big Rapids, Michigan
Chemical Bank Central, 125 North Michigan Avenue, Big Rapids Michigan 49307Old Kent Bank of Big Rapids, 101 North Michigan Avenue, Big Rapids Michigan 49307
Mortgage Statistics for Big Rapids, Michigan
| Big Rapids | Michigan | USA | |
|---|---|---|---|
| Population: Population - The population of Big Rapids, MI  |
19,166 | 9,937,974 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Big Rapids mortgage. |
17,026 | 7,965,607 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Big Rapids mortgage. |
1,255 | 1,412,742 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Big Rapids mortgage. |
283 | 323,872 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Big Rapids, MI, where you might buy a home. |
7,215 | 4,232,228 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Big Rapids, where you might apply for a Big Rapids mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Big Rapids, MI |
$90,200 | $114,739 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Big Rapids mortgage interest rates. |
$30,483 | $45,731 | $43,800 |