Current Mortgage Rates in Farmington, Connecticut
Tuesday, December 02, 2008
Current Mortgage Rates*
Loan Type Farmington Average |
|
| 30-yr. fixed | 5.88% |
| 30-yr. fixed jumbo | 7.75% |
| 15-yr. fixed | 5.62% |
| 15-yr. fixed jumbo | 7.50% |
| 7/1 ARM | 6.62% |
| 7/1 ARM jumbo | 7.50% |
| 5/1 ARM | 6.25% |
| 5/1 ARM jumbo | 6.88% |
| 3/1 ARM | 6.12% |
| 3/1 ARM jumbo | 6.88% |
| 1-yr. ARM | 6.75% |
| 1-yr. ARM jumbo | 6.75% |
| 1-yr. LIBOR ARM | 6.12% |
*Mortgage Rates Updated: 12/01/2008
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Current Mortgage Rates in Farmington, Connecticut
| Farmington 30-yr. fixed Mortgage Rates | Farmington 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.94% | 7.28% | 2.44 | Citibank | 7.00% | 7.14% | 0.25 |
| Bank of America | 6.63% | 6.78% | 0.92 | Bank of America | 7.42% | 7.69% | 1.88 |
| Wachovia | 6.17% | 6.29% | 0.55 | Wachovia | 7.70% | 7.73% | 0.07 |
| Wells Fargo | 6.12% | 6.23% | 0.73 | Wells Fargo | 9.37% | 9.47% | 0.68 |
| Chase | 6.10% | 6.26% | 0.94 | Chase | 7.88% | 8.03% | 1.08 |
| Farmington 15-yr. fixed Mortgage Rates | Farmington 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.61% | 7.32% | 3.66 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.17% | 6.45% | 1.06 | Bank of America | 7.19% | 7.58% | 1.56 |
| Wachovia | 5.76% | 6.01% | 0.68 | Wachovia | 7.42% | 7.47% | 0.09 |
| Wells Fargo | 6.01% | 6.17% | 0.57 | Wells Fargo | 8.37% | 8.51% | 0.62 |
| Chase | 5.91% | 6.17% | 0.91 | Chase | 8.33% | 8.58% | 1.14 |
| Farmington 7/1 ARM Mortgage Rates | Farmington 7/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.63% | 6.10% | 0.97 | Citibank | 7.00% | 7.46% | 0.00 |
| Bank of America | 6.72% | 6.39% | 1.29 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 6.17% | 6.10% | 0.37 | Wachovia | 7.70% | 7.73% | 0.06 |
| Wells Fargo | 6.57% | 6.43% | 0.75 | Wells Fargo | 8.37% | 7.11% | 0.76 |
| Chase | 6.63% | 6.24% | 0.94 | Chase | 8.32% | 6.79% | 1.12 |
| Farmington 5/1 ARM Mortgage Rates | Farmington 5/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.36% | 5.94% | 1.02 | Citibank | 6.88% | 7.47% | 0.00 |
| Bank of America | 6.58% | 6.17% | 1.04 | Bank of America | 8.14% | 6.63% | 1.05 |
| Wachovia | 6.58% | 6.10% | 0.03 | Wachovia | 7.12% | 6.56% | 0.05 |
| Wells Fargo | 6.44% | 6.35% | 0.76 | Wells Fargo | 7.31% | 6.58% | 0.77 |
| Chase | 6.34% | 6.07% | 0.88 | Chase | 7.07% | 6.28% | 0.89 |
| Farmington 3/1 ARM Mortgage Rates | Farmington 3/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.11% | 5.83% | 0.92 | Citibank | 7.00% | 7.62% | 0.00 |
| Bank of America | 6.58% | 6.10% | 1.15 | Bank of America | 6.88% | 7.60% | 0.08 |
| Wachovia | 5.88% | 5.83% | 0.29 | Wachovia | 7.70% | 7.73% | 0.06 |
| Wells Fargo | 6.93% | 6.37% | 0.91 | Wells Fargo | 6.75% | 7.52% | 0.12 |
| Chase | 5.88% | 5.80% | 1.04 | Chase | 7.30% | 6.01% | 1.02 |
| Farmington 1-yr. ARM Mortgage Rates | Farmington 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 | Wachovia | 7.70% | 7.73% | 0.06 |
| Wachovia | 6.33% | 5.92% | 0.06 | Wells Fargo | 7.25% | 7.74% | 0.12 |
| Wells Fargo | 7.25% | 7.78% | 0.12 | Chase | 6.71% | 5.81% | 1.05 |
| Chase | 5.76% | 5.77% | 0.99 | ||||
Banks in Farmington, Connecticut
Farmington Savings Bank, 32 Main Street, Farmington Connecticut 6032Farmington Valley National Bank, 781 Farmington Avenue, Farmington Connecticut 6032
Farmington Valley Savings and Loan Association, 781 Farmington Avenue, Farmington Connecticut 6032
Mortgage Statistics for Farmington, Connecticut
| Farmington | Connecticut | USA | |
|---|---|---|---|
| Population: Population - The population of Farmington, CT  |
16,283 | 3,348,283 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Farmington mortgage. |
15,039 | 2,725,782 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Farmington mortgage. |
263 | 309,220 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Farmington mortgage. |
324 | 318,984 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Farmington, CT, where you might buy a home. |
6,976 | 1,364,967 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Farmington, where you might apply for a Farmington mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Farmington, CT |
$189,600 | $181,479 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Farmington mortgage interest rates. |
$69,637 | $57,015 | $43,800 |