Sunday Real Estate Section 082111

Page 1

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Sunday, August 21, 2011


2 Homes and Real Estate

Journal & Courier

Sunday, August 21, 2011

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

30-year ADJ

Rate

30-year Fixed

PEFCU (765) 497-8800

4.25

0

5

2.875

0

10

3.375

0

5

-

0

3.5

Tippecanoe Mortgage (765) 446-2930

4.25

0

5

4‡‡‡‡

0

0

3.75

0

5

4

0

0

*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 Journal & Courier graphic


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