Current Mortgage Rates
|
TERM
|
RATE*
|
APR*
|
|
30 YEAR
|
4.375
|
4.505
|
|
15 YEAR
|
3.750
|
3.968
|
Last update on 09/02/2010 at 10:32a.m. Rates subject to change.
Contact any of our Loan Originators at (515) 331-3100 for more information.
*15 & 30 Year Conventional Rates - The annual percentage rate (APR) above is based on a loan amount of $100,000 with a 20% down payment, a 1% origination fee and common and customary closing costs. Monthly payment for a 15 year loan would be $727.22 (principal and interest). Monthly payment for a 30 year loan would be $499.29(principal and interest). Rates are not guaranteed until lock-in. The rate lock period is 90 days. These terms are available only for the purchase of a single family home to be used as a primary residence. An escrow account for taxes and insurance is required. The minimum credit score required to obtain these terms is 740.
