Current Mortgage Rates in New London, Connecticut
Tuesday, October 07, 2008
Current Mortgage Rates*
Loan Type New London Average |
|
| 30-yr. fixed | 6.12% |
| 30-yr. fixed jumbo | 7.38% |
| 15-yr. fixed | 5.88% |
| 15-yr. fixed jumbo | 6.88% |
| 7/1 ARM | 6.38% |
| 7/1 ARM jumbo | 6.75% |
| 5/1 ARM | 6.12% |
| 5/1 ARM jumbo | 6.75% |
| 3/1 ARM | 6.00% |
| 3/1 ARM jumbo | 6.12% |
| 1-yr. ARM | 5.75% |
| 1-yr. ARM jumbo | 5.50% |
| 1-yr. LIBOR ARM | 6.25% |
*Mortgage Rates Updated: 10/06/2008
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Current Mortgage Rates in New London, Connecticut
| New London 30-yr. fixed Mortgage Rates | New London 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.39% | 7.83% | 3.26 | Citibank | 7.00% | 7.14% | 0.25 |
| Bank of America | 6.61% | 6.76% | 0.80 | Bank of America | 7.37% | 7.63% | 1.85 |
| Wachovia | 6.28% | 6.40% | 0.59 | Wachovia | 7.68% | 7.71% | 0.07 |
| Wells Fargo | 6.41% | 6.48% | 0.24 | Wells Fargo | 9.29% | 9.36% | 0.27 |
| Chase | 6.32% | 6.40% | 0.08 | Chase | 7.75% | 7.80% | 0.15 |
| New London 15-yr. fixed Mortgage Rates | New London 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.24% | 8.34% | 5.83 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.23% | 6.49% | 0.90 | Bank of America | 7.12% | 7.50% | 1.56 |
| Wachovia | 5.79% | 6.04% | 0.70 | Wachovia | 7.46% | 7.51% | 0.09 |
| Wells Fargo | 6.16% | 6.29% | 0.33 | Wells Fargo | 7.98% | 8.10% | 0.41 |
| Chase | 6.32% | 6.45% | 0.07 | Chase | 6.50% | 6.59% | 0.00 |
| New London 7/1 ARM Mortgage Rates | New London 7/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.50% | 7.21% | 0.25 | Citibank | 7.00% | 7.46% | 0.00 |
| Bank of America | 6.42% | 6.37% | 0.99 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 5.94% | 5.90% | 0.47 | Wachovia | 7.70% | 7.73% | 0.06 |
| Wells Fargo | 7.34% | 6.87% | 0.18 | Wells Fargo | 8.44% | 7.47% | 0.30 |
| Chase | 6.85% | 6.41% | 0.04 | Chase | 6.62% | 7.15% | 0.12 |
| New London 5/1 ARM Mortgage Rates | New London 5/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.38% | 7.29% | 0.12 | Citibank | 6.88% | 7.47% | 0.00 |
| Bank of America | 6.52% | 6.17% | 0.89 | Bank of America | 8.14% | 6.63% | 1.05 |
| Wachovia | 6.44% | 6.08% | 0.05 | Wachovia | 7.26% | 6.70% | 0.05 |
| Wells Fargo | 7.07% | 6.58% | 0.24 | Wells Fargo | 7.81% | 6.83% | 0.34 |
| Chase | 6.82% | 6.27% | 0.02 | Chase | 7.78% | 6.66% | 0.00 |
| New London 3/1 ARM Mortgage Rates | New London 3/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.62% | 7.51% | 0.00 | Citibank | 7.00% | 7.62% | 0.00 |
| Bank of America | 6.22% | 6.20% | 0.93 | Bank of America | 6.88% | 7.60% | 0.08 |
| Wachovia | 5.72% | 5.70% | 0.39 | Wachovia | 7.70% | 7.73% | 0.06 |
| Wells Fargo | 6.38% | 7.44% | 0.12 | Wells Fargo | 6.75% | 7.52% | 0.12 |
| Chase | 6.75% | 7.37% | 0.00 | Chase | 6.75% | 7.41% | 0.00 |
| New London 1-yr. ARM Mortgage Rates | New London 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 | 6.23% | 5.91% | 0.06 | 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 New London, Connecticut
Citizens Bank of Connecticut, 63 Eugene Oneill Drive, New London Connecticut 6320Coastal Federal Savings Bank, 15 Masonic Street, New London Connecticut 6320
Coastal Savings Bank, 15 Masonic St, New London Connecticut 6320
First New London Savings and Loan Association, 61 Bank Street, New London Connecticut 6320
New England Savings Bank, 63 Eugene O'neill Drive, New London Connecticut 6320
The Winthrop Bank and Trust Company, 310 State Street, New London Connecticut 6320
Credit Unions in New London, Connecticut
Lawrence Memorial Hospital Employee, 365 Montauk Avenue, New London CT 6320 (860) 444-5104New London Municipal Employees, 111 Union St, New London CT 6320 (860) 447-1585
Mortgage Statistics for New London, Connecticut
| New London | Connecticut | USA | |
|---|---|---|---|
| Population: Population - The population of New London, CT  |
25,671 | 3,348,283 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a New London mortgage. |
16,299 | 2,725,782 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a New London mortgage. |
4,784 | 309,220 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a New London mortgage. |
5,061 | 318,984 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in New London, CT, where you might buy a home. |
11,560 | 1,364,967 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in New London, where you might apply for a New London mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in New London, CT |
$101,500 | $181,479 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare New London mortgage interest rates. |
$33,809 | $57,015 | $43,800 |