Current Mortgage Rates in Florence, Alabama
Thursday, August 21, 2008
Current Mortgage Rates*
Loan Type Florence Average |
|
| 30-yr. fixed | 6.62% |
| 30-yr. fixed jumbo | 7.25% |
| 15-yr. fixed | 6.00% |
| 15-yr. fixed jumbo | 6.75% |
| 7/1 ARM | 6.12% |
| 7/1 ARM jumbo | 6.88% |
| 5/1 ARM | 5.88% |
| 5/1 ARM jumbo | 6.62% |
| 3/1 ARM | 5.75% |
| 3/1 ARM jumbo | 6.50% |
| 1-yr. ARM | 5.75% |
| 1-yr. ARM jumbo | 6.00% |
| 1-yr. LIBOR ARM | 5.38% |
*Mortgage Rates Updated: 08/20/2008
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Current Mortgage Rates in Florence, Alabama
| Florence 30-yr. fixed Mortgage Rates | Florence 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.60% | 8.12% | 3.94 | Citibank | 7.25% | 7.36% | 0.21 |
| Bank of America | 6.80% | 6.94% | 0.73 | Bank of America | 7.04% | 7.15% | 0.44 |
| Wachovia | 6.31% | 6.44% | 0.77 | Wells Fargo | 7.17% | 7.22% | 0.12 |
| Wells Fargo | 6.69% | 6.83% | 0.25 | Chase | 6.96% | 7.02% | 0.21 |
| Chase | 6.62% | 6.71% | 0.25 | ||||
| Fifth Third Bank | 6.50% | 6.57% | 0.34 | ||||
| Florence 15-yr. fixed Mortgage Rates | Florence 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.35% | 8.54% | 6.41 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.25% | 6.49% | 0.82 | Bank of America | 7.44% | 7.60% | 0.50 |
| Wachovia | 5.76% | 6.03% | 0.88 | Wells Fargo | 7.79% | 7.92% | 0.43 |
| Wells Fargo | 6.22% | 6.35% | 0.31 | Chase | 6.75% | 6.82% | 0.06 |
| Chase | 6.38% | 6.47% | 0.12 | ||||
| Fifth Third Bank | 5.95% | 6.06% | 0.38 | ||||
| Florence 7/1 ARM Mortgage Rates | Florence 7/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.69% | 7.15% | 0.19 | Citibank | 7.06% | 7.32% | 0.00 |
| Bank of America | 6.62% | 7.29% | 0.03 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 5.69% | 5.75% | 0.64 | Wells Fargo | 6.62% | 7.22% | 0.38 |
| Wells Fargo | 6.50% | 7.27% | 0.25 | Chase | 6.69% | 7.08% | 0.12 |
| Chase | 6.62% | 7.04% | 0.06 | ||||
| Florence 5/1 ARM Mortgage Rates | Florence 5/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.56% | 7.18% | 0.06 | Citibank | 7.06% | 7.36% | 0.00 |
| Bank of America | 6.62% | 6.12% | 0.83 | Bank of America | 8.07% | 6.65% | 1.05 |
| Wells Fargo | 6.44% | 7.03% | 0.25 | Wells Fargo | 7.06% | 7.16% | 0.19 |
| Chase | 6.38% | 7.04% | 0.06 | Chase | 6.88% | 7.25% | 0.06 |
| Fifth Third Bank | 6.18% | 5.92% | 0.30 | ||||
| Florence 3/1 ARM Mortgage Rates | Florence 3/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.69% | 7.33% | 0.00 | Citibank | 7.50% | 7.46% | 0.00 |
| Bank of America | 6.25% | 7.30% | 0.63 | Bank of America | 6.96% | 7.44% | 0.75 |
| Wachovia | 5.50% | 5.58% | 0.47 | Wells Fargo | 7.75% | 7.23% | 0.21 |
| Wells Fargo | 6.94% | 7.20% | 0.12 | Chase | 7.00% | 7.39% | 0.17 |
| Chase | 6.81% | 7.35% | 0.00 | ||||
| Fifth Third Bank | 5.73% | 5.72% | 0.26 | ||||
| Florence 1-yr. ARM Mortgage Rates | Florence 1-yr. ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.75% | 7.76% | 0.00 | Citibank | 7.00% | 7.90% | 0.00 |
| Bank of America | 6.88% | 7.66% | 0.04 | Wells Fargo | 7.25% | 7.74% | 0.12 |
| Wells Fargo | 7.25% | 7.78% | 0.12 | Chase | 7.12% | 7.62% | 0.00 |
| Chase | 6.12% | 7.53% | 0.12 | ||||
Banks in Florence, Alabama
First Southern Bank, 102 S Court Street, Florence Alabama 35630Shoals National Bank of Florence, 102 North Court Street, Florence Alabama 35630
Southtrust Bank of The Quad Cities, 102 Dr. Hicks Boulevard East, Florence Alabama 35631
Suntrust Bank, Alabama, 201 South Court Street, Florence Alabama 35630
The Bank of Florence, 210 South Pine Street, Florence Alabama 35630
Credit Unions in Florence, Alabama
Florence, P. O. Box 2817, Florence AL 35630 (256) 767-4700Mortgage Statistics for Florence, Alabama
| Florence | Alabama | USA | |
|---|---|---|---|
| Population: Population - The population of Florence, AL  |
59,799 | 4,444,343 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Florence mortgage. |
50,613 | 3,160,990 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Florence mortgage. |
7,991 | 1,155,027 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Florence mortgage. |
708 | 75,801 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Florence, AL, where you might buy a home. |
27,853 | 1,962,130 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Florence, where you might apply for a Florence mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Florence, AL |
$79,990 | $81,730 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Florence mortgage interest rates. |
$31,419 | $35,018 | $43,800 |