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Journal & Courier
Homes and Real Estate
Sunday, May 4, 2014
GREATER LAFAYETTE MORTGAGE RATE ROUNDUP Rate
Points
Min. % Down
Rate
Points
Min. % Down
Rate
Points
Min. % Down
30-year FHA
Min. % Down
15-year Fixed
Points
Tippecanoe Mortgage (765) 446-2930
30-year ADJ
Rate
30-year Fixed
4.375
0
5
3.75‡‡‡‡
0
0
3.5
0
5
3.75
0
3.5
*2-1Buydown **Fixed pay 60 mo. ***Zero down ‡1 year ARM ‡‡3 year ARM ‡‡‡5 year ARM ‡‡‡‡ VA Rate adjustment annually; cap varies. Rates subject to change without notice. Actual rate may vary with size of loan, time of purchase, etc. Down payments on FHA loans vary from 3 percent to 5 percent depending on house price. Points quoted may not include origination fees. Averages shown are based on information provided from area lenders. Rates change daily and may reflect loans of a required amount. Check with the individual lender for details. Source: Provided by individual lenders
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