Current Mortgage Rates in Monroe, Michigan
Saturday, November 21, 2009
Current Mortgage Rates*
Loan Type Monroe Average |
|
| 30-yr. fixed | 4.75% |
| 30-yr. fixed jumbo | 5.12% |
| 15-yr. fixed | 4.25% |
| 15-yr. fixed jumbo | 4.50% |
| 7/1 ARM | 4.38% |
| 7/1 ARM jumbo | 5.25% |
| 5/1 ARM | 4.00% |
| 5/1 ARM jumbo | 4.50% |
| 3/1 ARM | 3.88% |
| 3/1 ARM jumbo | 4.75% |
| 1-yr. ARM | 4.00% |
| 1-yr. ARM jumbo | 4.75% |
| 1-yr. LIBOR ARM | 4.38% |
*Mortgage Rates Updated: 11/20/2009
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Current Mortgage Rates in Monroe, Michigan
| Monroe 30-yr. fixed Mortgage Rates | Monroe 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 5.16% | 5.22% | 0.24 | Wells Fargo | 5.73% | 5.86% | 1.00 |
| Wells Fargo | 4.86% | 5.04% | 1.00 | Chase | 5.63% | 5.75% | 1.00 |
| Chase | 4.87% | 5.03% | 1.00 | Fifth Third Bank | 5.43% | 5.45% | 0.00 |
| Fifth Third Bank | 4.92% | 4.96% | 0.19 | ||||
| Monroe 15-yr. fixed Mortgage Rates | Monroe 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 4.59% | 4.67% | 0.17 | Chase | 5.73% | 5.95% | 1.05 |
| Wells Fargo | 4.32% | 4.60% | 0.78 | Fifth Third Bank | 4.92% | 4.96% | 0.00 |
| Chase | 4.33% | 4.60% | 1.02 | ||||
| Fifth Third Bank | 4.30% | 4.36% | 0.00 | ||||
| Monroe 7/1 ARM Mortgage Rates | Monroe 7/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Wells Fargo | 3.84% | 3.67% | 1.00 | Chase | 5.10% | 4.11% | 1.02 |
| Chase | 4.29% | 3.83% | 1.05 | Fifth Third Bank | 4.96% | 4.29% | 0.00 |
| Monroe 5/1 ARM Mortgage Rates | Monroe 5/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Wells Fargo | 3.61% | 3.56% | 1.04 | Wells Fargo | 4.88% | 3.88% | 1.00 |
| Chase | 3.80% | 3.60% | 1.02 | Chase | 4.82% | 3.86% | 1.05 |
| Fifth Third Bank | 4.33% | 3.65% | 0.21 | Fifth Third Bank | 4.84% | 4.14% | 0.00 |
| Monroe 3/1 ARM Mortgage Rates | Monroe 3/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Wells Fargo | 3.97% | 3.60% | 1.00 | Chase | 5.53% | 3.83% | 1.02 |
| Chase | 4.20% | 3.62% | 1.00 | Fifth Third Bank | 4.71% | 4.02% | 0.00 |
| Fifth Third Bank | 4.23% | 3.47% | 0.07 | ||||
| Monroe 1-yr. ARM Mortgage Rates | Monroe 1-yr. ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Chase | 4.16% | 3.55% | 1.00 | Chase | 5.26% | 3.58% | 1.05 |
| Fifth Third Bank | 4.31% | 3.19% | 0.00 | Fifth Third Bank | 4.84% | 3.20% | 0.00 |
Banks in Monroe, Michigan
First of America Bank-security, 28 East Front Street, Monroe Michigan 48161Monroe Bank & Trust, 102 East Front Street, Monroe Michigan 48161
Peoples Savings Bank, 2353 S Custer Road, Monroe Michigan 48161
Society Bank, Monroe, 25 South Monroe Street, Monroe Michigan 48161
Credit Unions in Monroe, Michigan
Education Plus, P.O. Box 1928, Monroe MI 48161 (734) 242-3765Monroe Automotive, 1510 E Elm Ave, Monroe MI 48162 (734) 243-5700
Monroe County and Municipalities, 120 E. First Street, Monroe MI 48161 (734) 242-6727
Mortgage Statistics for Monroe, Michigan
| Monroe | Michigan | USA | |
|---|---|---|---|
| Population: Population - The population of Monroe, MI  |
54,705 | 9,937,974 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Monroe mortgage. |
51,251 | 7,965,607 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Monroe mortgage. |
1,654 | 1,412,742 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Monroe mortgage. |
1,258 | 323,872 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Monroe, MI, where you might buy a home. |
22,147 | 4,232,228 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Monroe, where you might apply for a Monroe mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Monroe, MI |
$116,103 | $114,739 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Monroe mortgage interest rates. |
$45,444 | $45,731 | $43,800 |