Inter-Lake Mortgage
Company, LLC
2675 44Th Street SW
Wyoming, MI 49519
| Michigan FHA & VA Approved Lender |
Fax (616) 301-2447
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Copyright 2004 - 2012
Inter-Lake Mortgage Company, LLC
( all rights reserved )
Michigan Mortgage License
NMLS No. # 139327
Prime Rate Mortgage HistoryPrime Rate is defined by The Wall Street Journal as "The base rate on corporate loans posted by at least 75% of the nation's 30 largest banks." The current prime rate is listed below along with a chart representing a 20 year history of the prime index. Please note that this information should only be used for informational purposes and not as a basis for making any financial decision. The Prime Rate is used by many lenders as a base rate for home equity loans?
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Current Rates | |
| 30 Yr Fixed $200,000 |
4.125% APR 4.507% |
| 15 Yr. Fixed $200,000 |
3.375% APR 3.633% |
| FHA Rate $200,000 |
3.625% APR 4.125% |
| 30 Yr Jumbo $500,000 |
5.125% APR 5.220% |
| 15 Yr Jumbo $500,000 |
4.750% APR 4.925% |
| 30 Yr Land $100,000 |
5.350% APR 5.565% |
| 15 Yr Land $100,000 |
4.450% APR 4.816% |
| Float Land $100,000 |
3.750% APR 4.025% |
| Prime Rate | 3.250% |
| Commercial $500,000 |
6.375% APR 6.723% |