Current Mortgage Rates in Gary, Indiana
Tuesday, October 07, 2008
Current Mortgage Rates*
Loan Type Gary Average |
|
| 30-yr. fixed | 5.88% |
| 15-yr. fixed | 5.50% |
| 5/1 ARM | 6.12% |
| 3/1 ARM | 5.88% |
| FHA Mortgage | 6.00% |
| Fixed Rate Mortgage | 6.88% |
| VA Mortgage | 6.00% |
*Mortgage Rates Updated: 10/07/2008
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Current Mortgage Rates in Gary, Indiana
| Gary 30-yr. fixed Mortgage Rates | Gary 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.40% | 7.85% | 3.32 | Citibank | 7.00% | 7.14% | 0.25 |
| Bank of America | 6.61% | 6.76% | 0.81 | Bank of America | 7.35% | 7.62% | 1.87 |
| Wachovia | 6.24% | 6.37% | 0.71 | Wells Fargo | 9.31% | 9.38% | 0.26 |
| Wells Fargo | 6.41% | 6.49% | 0.24 | Chase | 7.75% | 7.80% | 0.14 |
| Chase | 6.31% | 6.39% | 0.08 | Fifth Third Bank | 6.69% | 6.78% | 0.75 |
| Fifth Third Bank | 6.40% | 6.47% | 0.36 | ||||
| Gary 15-yr. fixed Mortgage Rates | Gary 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.26% | 8.37% | 5.98 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.22% | 6.49% | 0.94 | Bank of America | 7.15% | 7.53% | 1.55 |
| Wachovia | 5.73% | 5.98% | 0.81 | Wells Fargo | 7.98% | 8.10% | 0.41 |
| Wells Fargo | 6.16% | 6.29% | 0.33 | Chase | 6.50% | 6.59% | 0.00 |
| Chase | 6.31% | 6.44% | 0.07 | Fifth Third Bank | 6.31% | 6.47% | 0.75 |
| Fifth Third Bank | 5.86% | 5.98% | 0.38 | ||||
| Gary 7/1 ARM Mortgage Rates | Gary 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 | 6.51% | 6.43% | 0.98 | 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 | 7.62% | 7.39% | 0.31 |
| Chase | 6.84% | 6.42% | 0.04 | ||||
| Gary 5/1 ARM Mortgage Rates | Gary 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 | 6.43% | 6.14% | 0.88 | Bank of America | 8.14% | 6.63% | 1.05 |
| Wells Fargo | 7.06% | 6.59% | 0.23 | Wells Fargo | 7.81% | 6.84% | 0.32 |
| Chase | 6.79% | 6.27% | 0.03 | Chase | 7.76% | 6.66% | 0.00 |
| Fifth Third Bank | 6.20% | 5.99% | 0.28 | Fifth Third Bank | 6.21% | 7.40% | 0.86 |
| Gary 3/1 ARM Mortgage Rates | Gary 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 | 6.01% | 6.16% | 0.94 | Bank of America | 6.88% | 7.60% | 0.08 |
| Wachovia | 5.55% | 5.61% | 0.48 | 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 | 6.19% | 7.55% | 0.75 |
| Fifth Third Bank | 5.78% | 5.82% | 0.25 | ||||
| Gary 1-yr. ARM Mortgage Rates | Gary 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 | 7.50% | 6.30% | 1.59 | 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 | 6.25% | 7.68% | 0.00 |
| Fifth Third Bank | 6.12% | 7.68% | 0.00 | ||||
Banks in Gary, Indiana
Bank One, Merrillville, 575 Broadway, Gary Indiana 46401Capital Federal Savings and Loan Association, 100 West Ridge Road, Gary Indiana 46408
Gary Federal Savings and Loan Association, 1544 West 36th Ave, Gary Indiana 46408
Nbd Bank, 504 Broadway, Gary Indiana 46401
Credit Unions in Gary, Indiana
Financial Trax, One North Buchanan, Gary IN 46402 (219) 883-4362Gary Firefighters Association, 200 East 5th Avenue, Gary IN 46402 (219) 881-5252
Gary Municipal Employees, 401 Broadway - B1, Gary IN 46402 (219) 881-1320
Gary Police Department Employees, 555 Polk Street, Gary IN 46402 (219) 881-4774
L.C. School Employees, 3730 Grant St, Gary IN 46408 (219) 887-5213
Nw In-am Water Employees, 650 Madison ST.; P.O. Box 64486, Gary IN 46401-0486 (219) 880-2394
Mortgage Statistics for Gary, Indiana
| Gary | Indiana | USA | |
|---|---|---|---|
| Population: Population - The population of Gary, IN  |
107,964 | 6,080,305 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Gary mortgage. |
17,045 | 5,319,845 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Gary mortgage. |
86,499 | 510,034 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Gary mortgage. |
5,600 | 214,535 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Gary, IN, where you might buy a home. |
45,632 | 2,532,244 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Gary, where you might apply for a Gary mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Gary, IN |
$54,202 | $94,162 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Gary mortgage interest rates. |
$28,330 | $42,503 | $43,800 |