Current Mortgage Rates in Selma, Alabama
Saturday, October 11, 2008
Current Mortgage Rates*
Loan Type Selma Average |
|
| 30-yr. fixed | 6.12% |
| 30-yr. fixed jumbo | 7.62% |
| 15-yr. fixed | 5.88% |
| 15-yr. fixed jumbo | 7.25% |
| 7/1 ARM | 6.25% |
| 7/1 ARM jumbo | 7.25% |
| 5/1 ARM | 6.00% |
| 5/1 ARM jumbo | 7.00% |
| 3/1 ARM | 5.88% |
| 3/1 ARM jumbo | 6.62% |
| 1-yr. ARM | 5.62% |
| 1-yr. ARM jumbo | 6.00% |
| 1-yr. LIBOR ARM | 6.12% |
*Mortgage Rates Updated: 10/07/2008
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Current Mortgage Rates in Selma, Alabama
| Selma 30-yr. fixed Mortgage Rates | Selma 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.40% | 7.85% | 3.30 | Citibank | 7.25% | 7.36% | 0.21 |
| Bank of America | 6.60% | 6.75% | 0.80 | Bank of America | 7.46% | 7.72% | 1.81 |
| Wachovia | 6.24% | 6.38% | 0.70 | Wells Fargo | 9.26% | 9.33% | 0.26 |
| Wells Fargo | 6.42% | 6.50% | 0.24 | Chase | 7.73% | 7.78% | 0.14 |
| Chase | 6.32% | 6.40% | 0.09 | ||||
| Fifth Third Bank | 6.40% | 6.47% | 0.36 | ||||
| Selma 15-yr. fixed Mortgage Rates | Selma 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.26% | 8.37% | 5.93 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.22% | 6.48% | 0.93 | Bank of America | 7.15% | 7.53% | 1.55 |
| Wachovia | 5.73% | 5.99% | 0.81 | Wells Fargo | 7.98% | 8.10% | 0.41 |
| Wells Fargo | 6.16% | 6.29% | 0.33 | Chase | 6.75% | 6.82% | 0.06 |
| Chase | 6.32% | 6.44% | 0.07 | ||||
| Fifth Third Bank | 5.86% | 5.98% | 0.38 | ||||
| Selma 7/1 ARM Mortgage Rates | Selma 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 | 6.38% | 6.38% | 1.05 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 5.79% | 5.84% | 0.59 | Wells Fargo | 8.45% | 7.48% | 0.29 |
| Wells Fargo | 7.32% | 6.86% | 0.18 | Chase | 7.33% | 7.27% | 0.25 |
| Chase | 6.83% | 6.44% | 0.04 | ||||
| Selma 5/1 ARM Mortgage Rates | Selma 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 | 6.46% | 6.17% | 0.89 | Bank of America | 8.07% | 6.65% | 1.05 |
| Wells Fargo | 7.03% | 6.60% | 0.23 | Wells Fargo | 7.81% | 6.85% | 0.32 |
| Chase | 6.77% | 6.30% | 0.03 | Chase | 7.72% | 6.69% | 0.01 |
| Fifth Third Bank | 6.20% | 5.99% | 0.28 | ||||
| Selma 3/1 ARM Mortgage Rates | Selma 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 | 6.10% | 6.23% | 0.94 | Bank of America | 6.96% | 7.44% | 0.75 |
| Wachovia | 5.55% | 5.62% | 0.48 | 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 | 5.78% | 5.81% | 0.25 | ||||
| Selma 1-yr. ARM Mortgage Rates | Selma 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 | 7.42% | 6.20% | 1.53 | 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 Selma, Alabama
First Alabama Bank of Selma, 100 Church Street, Selma Alabama 36701Southtrust Bank of Selma, 2605 Citizens Parkway, Selma Alabama 36701
Southtrust Bank of Selma, 2605 Citizens Parkway, Selma Alabama 36701
The City National Bank of Selma, 9 Broad Street, Selma Alabama 36701
The Peoples Bank & Trust Company, 310 Broad Street, Selma Alabama 36701
The Peoples Bank At Selma Mall, 1383 Highland Avenue, Selma Alabama 36701
Credit Unions in Selma, Alabama
Craig, 1111 Highland Avenue, Selma AL 36701 (334) 875-7827Mortgage Statistics for Selma, Alabama
| Selma | Alabama | USA | |
|---|---|---|---|
| Population: Population - The population of Selma, AL  |
39,188 | 4,444,343 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Selma mortgage. |
14,308 | 3,160,990 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Selma mortgage. |
24,394 | 1,155,027 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Selma mortgage. |
244 | 75,801 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Selma, AL, where you might buy a home. |
17,197 | 1,962,130 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Selma, where you might apply for a Selma mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Selma, AL |
$56,807 | $81,730 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Selma mortgage interest rates. |
$24,589 | $35,018 | $43,800 |