Current Mortgage Rates in Cocoa, Florida
Friday, October 10, 2008
Current Mortgage Rates*
Loan Type Cocoa Average |
|
| 30-yr. fixed | 6.00% |
| 30-yr. fixed jumbo | 7.62% |
| 15-yr. fixed | 5.75% |
| 15-yr. fixed jumbo | 7.00% |
| 7/1 ARM | 6.12% |
| 7/1 ARM jumbo | 6.88% |
| 5/1 ARM | 6.00% |
| 5/1 ARM jumbo | 6.62% |
| 3/1 ARM | 5.75% |
| 3/1 ARM jumbo | 6.12% |
| 1-yr. ARM | 5.75% |
| 1-yr. ARM jumbo | 5.38% |
| 1-yr. LIBOR ARM | 6.12% |
*Mortgage Rates Updated: 10/07/2008
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Current Mortgage Rates in Cocoa, Florida
| Cocoa 30-yr. fixed Mortgage Rates | Cocoa 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.81% | 7.03% | 1.19 | Bank of America | 7.50% | 7.78% | 1.98 |
| Bank of America | 6.61% | 6.75% | 0.81 | Wachovia | 7.75% | 7.78% | 0.09 |
| Wachovia | 6.39% | 6.50% | 0.41 | Wells Fargo | 9.43% | 9.49% | 0.27 |
| Wells Fargo | 6.39% | 6.47% | 0.24 | Chase | 7.80% | 7.84% | 0.14 |
| Chase | 6.29% | 6.37% | 0.07 | Fifth Third Bank | 7.11% | 7.13% | 0.02 |
| Fifth Third Bank | 6.42% | 6.48% | 0.22 | ||||
| Cocoa 15-yr. fixed Mortgage Rates | Cocoa 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.80% | 7.46% | 3.23 | Bank of America | 7.26% | 7.67% | 1.69 |
| Bank of America | 6.23% | 6.50% | 0.97 | Wachovia | 7.44% | 7.49% | 0.08 |
| Wachovia | 5.92% | 6.11% | 0.45 | Wells Fargo | 7.99% | 8.11% | 0.41 |
| Wells Fargo | 6.16% | 6.29% | 0.33 | Fifth Third Bank | 6.35% | 6.38% | 0.01 |
| Chase | 6.31% | 6.44% | 0.07 | ||||
| Fifth Third Bank | 5.90% | 6.01% | 0.26 | ||||
| Cocoa 7/1 ARM Mortgage Rates | Cocoa 7/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.50% | 7.21% | 0.25 | Bank of America | 6.88% | 7.36% | 0.48 |
| Bank of America | 6.46% | 6.41% | 1.10 | Wachovia | 7.42% | 6.71% | 0.08 |
| Wachovia | 6.26% | 6.10% | 0.28 | Wells Fargo | 8.46% | 7.48% | 0.29 |
| Wells Fargo | 7.31% | 6.86% | 0.18 | Chase | 7.62% | 7.39% | 0.31 |
| Chase | 6.84% | 6.42% | 0.04 | Fifth Third Bank | 6.70% | 6.21% | 0.00 |
| Fifth Third Bank | 6.47% | 5.98% | 0.00 | ||||
| Cocoa 5/1 ARM Mortgage Rates | Cocoa 5/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.38% | 7.29% | 0.12 | Bank of America | 8.14% | 6.63% | 1.05 |
| Bank of America | 6.48% | 6.16% | 0.88 | Wachovia | 7.21% | 6.60% | 0.06 |
| Wachovia | 6.48% | 6.18% | 0.04 | Wells Fargo | 7.81% | 6.84% | 0.32 |
| Wells Fargo | 7.06% | 6.59% | 0.23 | Chase | 7.76% | 6.67% | 0.00 |
| Chase | 6.79% | 6.27% | 0.03 | Fifth Third Bank | 6.67% | 6.12% | 0.00 |
| Fifth Third Bank | 6.25% | 5.96% | 0.21 | ||||
| Cocoa 3/1 ARM Mortgage Rates | Cocoa 3/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Bank of America | 6.08% | 6.16% | 0.95 | Wachovia | 6.99% | 6.49% | 0.06 |
| Wachovia | 6.05% | 5.88% | 0.21 | Wells Fargo | 6.75% | 7.52% | 0.12 |
| Wells Fargo | 6.38% | 7.44% | 0.12 | Chase | 6.75% | 7.41% | 0.00 |
| Chase | 6.75% | 7.37% | 0.00 | Fifth Third Bank | 6.59% | 6.02% | 0.00 |
| Fifth Third Bank | 5.89% | 5.81% | 0.19 | ||||
| Cocoa 1-yr. ARM Mortgage Rates | Cocoa 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 | 6.91% | 6.37% | 0.07 |
| Wachovia | 6.26% | 6.03% | 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 | Fifth Third Bank | 6.48% | 5.98% | 0.01 |
| Fifth Third Bank | 6.11% | 5.74% | 0.01 | ||||
Banks in Cocoa, Florida
Barnett Bank of Brevard County, 430 Brevard Avenue, Cocoa Florida 32922First Federal Savings and Loan Association, 505 Brevard Ave, Cocoa Florida 32922
Southeast Bank of Brevard, 837 Forrest Avenue, Cocoa Florida 32922
Southeast National Bank of Cocoa, 837 Forrest Avenue, Cocoa Florida 32922
Mortgage Statistics for Cocoa, Florida
| Cocoa | Florida | USA | |
|---|---|---|---|
| Population: Population - The population of Cocoa, FL  |
62,220 | 15,979,631 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Cocoa mortgage. |
48,871 | 12,445,366 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Cocoa mortgage. |
10,558 | 2,305,572 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Cocoa mortgage. |
2,382 | 2,658,282 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Cocoa, FL, where you might buy a home. |
25,525 | 7,301,814 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Cocoa, where you might apply for a Cocoa mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Cocoa, FL |
$71,096 | $103,684 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Cocoa mortgage interest rates. |
$36,486 | $40,337 | $43,800 |