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1 Year Adjustable Rate Mortgage for Loans Up To $417,000
Updated rates are posted every Friday and will be available by 2:00 P.M.
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| Lending Institution |
Phone Number |
Rate |
Points |
APR |
TS Margin |
Caps |
Conv. |
Updated |
| Rates as of 5/9/08 |
| BRINKS Financial | (800) 785-4755 | 5 | 0 | 5.09 | TS+3.0 | 2 & 6 | No | 5/9/2008 | | Client Services by Golden Rule | (800) 991-9922 | 4 | 1 | 4.89 | TS+2.75 | 2 & 6 | No | 5/9/2008 | | Co-op Services Credit Union | (734) 466-6113 | 4.75 | 0 | 4.57 | Lib+1.75 | 2/6 | No | 5/9/2008 | | Cornerstone Community Financial | (800) 777-6728 | 4 | 1 | 6.16 | TS+2.75 | 2/6 | No | 5/9/2008 | | Dearborn Federal Savings Bank | (313) 565-3100 | 5.5 | 0 | 4.83 | TS+2.875 | 2 & 6 | Yes | 5/9/2008 | | Gold Star Mortgage | (800) 203-1546 | 4.5 | 0 | 5.23 | LIB+2.5 | 2 & 6 | No | 5/9/2008 | | Golden Rule Mortgage | (800) 991-9922 | 3.5 | 2 | 4.95 | TS+2.75 | 2 & 6 | No | 5/9/2008 | | Michigan Schools & Gov. Credit Union | (586) 263-8800 | 4.5 | 0 | 7.35 | TS+2.75 | 2 & 6 | No | 5/9/2008 | | Michigan United Mortgage | (810) 844-2222 | 6.875 | 0 | 7.27 | LIB+2.25 | 2 & 6 | No | 5/9/2008 | | Mortgages by Golden Rule | (800) 991-9922 | 4 | 1 | 4.89 | TS+2.75 | 2 & 6 | No | 5/9/2008 | | Shore Mortgage | (800) 678-6663 | 5.25 | 2 | 6.07 | TS+2.75 | 2 & 6 | No | 5/9/2008 |
TS = U.S. Treasury Security Index
LIB = 1 Year Libor Index
Conv. = Convertible
Above rates are for a $200,000 loan with 20% down.
Rates subject to change without notice.
The APR on adjustable rate mortgages may increase after consummation.
NR = Not Reported
RMC Inc. is not liable for errors, omissions, or changes made
after our deadlines.
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All Rights Reserved - (810) 225-1737
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