Current Mortgage Rates in Pontiac, Michigan
Monday, October 06, 2008
Current Mortgage Rates*
Loan Type Pontiac Average |
|
| 30-yr. fixed | 6.00% |
| 15-yr. fixed | 5.62% |
| 5/1 ARM | 6.38% |
| 3/1 ARM | 6.12% |
| FHA Mortgage | 6.25% |
| Fixed Rate Mortgage | 7.12% |
| VA Mortgage | 6.25% |
*Mortgage Rates Updated: 10/04/2008
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Current Mortgage Rates in Pontiac, Michigan
| Pontiac 30-yr. fixed Mortgage Rates | Pontiac 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.62% | 6.68% | 0.00 | Citibank | 7.75% | 7.79% | 0.12 |
| Bank of America | 6.38% | 6.50% | 0.92 | Bank of America | 7.12% | 7.26% | 1.17 |
| Wells Fargo | 6.62% | 6.68% | 0.25 | Wells Fargo | 7.25% | 7.29% | 0.12 |
| Chase | 6.50% | 6.59% | 0.25 | Chase | 7.12% | 7.16% | 0.12 |
| Fifth Third Bank | 6.41% | 6.48% | 0.36 | Fifth Third Bank | 7.38% | 7.40% | 0.00 |
| Pontiac 15-yr. fixed Mortgage Rates | Pontiac 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.25% | 6.37% | 0.25 | Bank of America | 7.62% | 7.82% | 1.00 |
| Bank of America | 6.12% | 6.32% | 0.90 | Wells Fargo | 7.12% | 7.17% | 0.12 |
| Wells Fargo | 6.25% | 6.35% | 0.25 | Chase | 7.00% | 7.05% | 0.12 |
| Chase | 6.38% | 6.47% | 0.12 | Fifth Third Bank | 7.50% | 7.54% | 0.00 |
| Fifth Third Bank | 5.87% | 5.98% | 0.38 | ||||
| Pontiac 7/1 ARM Mortgage Rates | Pontiac 7/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.88% | 7.10% | 0.12 | Citibank | 7.12% | 7.19% | 0.00 |
| Chase | 6.62% | 6.98% | 0.12 | Chase | 6.75% | 7.02% | 0.12 |
| Fifth Third Bank | 6.50% | 6.55% | 0.00 | Fifth Third Bank | 7.38% | 7.40% | 0.00 |
| Pontiac 5/1 ARM Mortgage Rates | Pontiac 5/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.75% | 7.08% | 0.00 | Citibank | 7.25% | 7.25% | 0.00 |
| Bank of America | 6.00% | 6.84% | 1.08 | Bank of America | 6.75% | 7.10% | 0.95 |
| Wells Fargo | 6.50% | 6.78% | 0.12 | Wells Fargo | 7.75% | 7.09% | 0.12 |
| Chase | 6.25% | 6.90% | 0.12 | Chase | 7.00% | 7.18% | 0.12 |
| Fifth Third Bank | 6.21% | 5.98% | 0.28 | Fifth Third Bank | 7.38% | 7.40% | 0.00 |
| Pontiac 3/1 ARM Mortgage Rates | Pontiac 3/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.75% | 7.14% | 0.00 | Citibank | 7.75% | 7.39% | 0.00 |
| Bank of America | 6.00% | 7.06% | 1.09 | Bank of America | 7.00% | 7.35% | 1.08 |
| Wells Fargo | 7.50% | 6.97% | 0.12 | Wells Fargo | 8.25% | 7.08% | 0.25 |
| Chase | 6.88% | 7.33% | 0.00 | Chase | 7.12% | 7.38% | 0.25 |
| Fifth Third Bank | 5.78% | 5.81% | 0.25 | Fifth Third Bank | 7.38% | 7.40% | 0.00 |
| Pontiac 1-yr. ARM Mortgage Rates | Pontiac 1-yr. ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Fifth Third Bank | 6.50% | 6.55% | 0.00 | Fifth Third Bank | 7.38% | 7.40% | 0.00 |
Banks in Pontiac, Michigan
First Federal Savings and Loan Association, 761 West Huron Street, Pontiac Michigan 48053First Federal Savings Bank and Trust, 761 West Huron St, Pontiac Michigan 48053
First of America Bank Oakland Macomb, 30 North Saginaw Street, Pontiac Michigan 48056
Pontiac State Bank, 28 North Saginaw Street, Pontiac Michigan 48056
Credit Unions in Pontiac, Michigan
Bestsource, P. O. Box 430568, Pontiac MI 48343 (248) 683-4300Chief Pontiac, 790 Joslyn AVE. , Pontiac MI 48340 (248) 335-9493
Municipal and Health Services, 144 East Pike St, Pontiac MI 48342 (248) 334-0568
Oakland County Postal & Federal Employees, P.O. Box 430066, Pontiac MI 48343 (248) 332-4000
Mortgage Statistics for Pontiac, Michigan
| Pontiac | Michigan | USA | |
|---|---|---|---|
| Population: Population - The population of Pontiac, MI  |
66,027 | 9,937,974 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Pontiac mortgage. |
25,853 | 7,965,607 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Pontiac mortgage. |
31,622 | 1,412,742 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Pontiac mortgage. |
8,419 | 323,872 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Pontiac, MI, where you might buy a home. |
26,239 | 4,232,228 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Pontiac, where you might apply for a Pontiac mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Pontiac, MI |
$72,922 | $114,739 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Pontiac mortgage interest rates. |
$30,844 | $45,731 | $43,800 |