Current Mortgage Rates in Midland, Michigan

Tuesday, October 07, 2008



Current Mortgage Rates*

Loan Type
Midland Average
30-yr. fixed5.88%
15-yr. fixed5.50%
5/1 ARM6.12%
3/1 ARM5.88%
FHA Mortgage6.00%
Fixed Rate Mortgage6.88%
VA Mortgage6.00%
*Mortgage Rates Updated: 10/07/2008

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Current Mortgage Rates in Midland, Michigan

Midland 30-yr. fixed Mortgage Rates Midland 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 Bank6.40%6.47%0.36Fifth Third Bank7.38%7.40%0.00
Midland 15-yr. fixed Mortgage Rates Midland 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%5.98%0.38 
Midland 7/1 ARM Mortgage Rates Midland 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
Midland 5/1 ARM Mortgage Rates Midland 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 Bank6.20%5.99%0.28Fifth Third Bank7.38%7.40%0.00
Midland 3/1 ARM Mortgage Rates Midland 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 Bank5.78%5.82%0.25Fifth Third Bank7.38%7.40%0.00
Midland 1-yr. ARM Mortgage Rates Midland 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 Midland, Michigan

Chemical Bank and Trust Company, 333 East Main Street, Midland Michigan 48640
Comerica Bank - Midland, 201 Mcdonald Street, Midland Michigan 48640
Michigan National Bank - Midland, 404 West Buttles, Midland Michigan 48640
Michigan National Bank - Valley, 404 West Buttles, Midland Michigan 48640
Wolverine Bank, Federal Savings Bank, 5710 Eastman Avenue, Midland Michigan 48640

Credit Unions in Midland, Michigan

Dow Chemical Employees', P.O. Box 1649, Midland MI 48641 (989) 835-7794

Mortgage Statistics for Midland, Michigan

  Midland Michigan USA
Population:
Population - The population of Midland, MI
 64,379 9,937,974 284,881,454
White Population:
White Population - The number of white people living in where you might apply for a Midland mortgage.
 61,068 7,965,607 210,951,199
Black Population:
Black Population - The number of black people living in where you might apply for a Midland mortgage.
 838 1,412,742 33,966,477
Hispanic Population:
Hispanic Population - The number of hispanic people living in where you might apply for a Midland mortgage.
 1,123 323,872 34,671,551
HouseHolds:
HouseHolds - The total number of households in Midland, MI, where you might buy a home.
 26,138 4,232,228 117,153,924
Person per Household:
Person per Household - The average number of people in a household in Midland, where you might apply for a Midland mortgage.
 2 2 2
Average House Value:
Average House Value - The average house value in Midland, MI
 $103,390 $114,739 $132,188
Income per Household:
Income per Household - The household income where you might compare Midland mortgage interest rates.
 $48,267 $45,731 $43,800

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