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MORTGAGE RATES
Rates last updated on August 3, 2007 at 10:18 CST.
RESIDENTIAL MORTGAGE
LOAN RATES
Single family, owner occupied
| Conventional Fixed
Rates |
Rate |
Points |
APR* |
| 30 Year Term |
7.000% |
0.00% |
7.014% |
| 20 Year Term |
6.875% |
0.00% |
6.893% |
| 15 Year Term |
6.625% |
0.00% |
6.647% |
| Adjustable Rate
Mortgages |
Rate |
Points |
APR* |
| Annually adjustable
(1 year) |
5.875% |
0.00% |
7.701% |
| 3 Year Fixed then annually
(3/1) |
6.625% |
0.00% |
7.557% |
Index: One Year Treasury
Index currently 4.98%
Margin: 3.000%
Annual/Lifetime Cap: 2/6 based on initial rate
1 year Initial Rate Discount or Premium: 2.000% - Discount.
3 year Initial Rate Discount or Premium: 1.125% - Discount.
APR*s based on maximum term of 30 years.
CONSTRUCTION LOAN
RATES
| Maximum Term |
Rate |
Points |
APR* |
| 9 months |
7.750% |
0.00% |
7.750% |
Contact David Rutledge or Matt Lauritzen at (309)
662-0411.
Rates and terms are subject to change without notice.
Please call for current rates and terms.
Contact
us
banking@firststatebloomington.com
or
call (309) 662-0411
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