Current Mortgage Rates in Madison, Indiana
Saturday, November 22, 2008
Current Mortgage Rates*
Loan Type Madison Average |
|
| 30-yr. fixed | 6.00% |
| 30-yr. fixed jumbo | 7.88% |
| 15-yr. fixed | 5.75% |
| 15-yr. fixed jumbo | 7.62% |
| 7/1 ARM | 6.12% |
| 7/1 ARM jumbo | 7.25% |
| 5/1 ARM | 5.75% |
| 5/1 ARM jumbo | 6.62% |
| 3/1 ARM | 5.88% |
| 3/1 ARM jumbo | 6.62% |
| 1-yr. ARM | 6.12% |
| 1-yr. ARM jumbo | 5.88% |
| 1-yr. LIBOR ARM | 6.00% |
*Mortgage Rates Updated: 11/21/2008
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Current Mortgage Rates in Madison, Indiana
| Madison 30-yr. fixed Mortgage Rates | Madison 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.08% | 7.44% | 2.65 | Citibank | 7.00% | 7.14% | 0.25 |
| Bank of America | 6.65% | 6.81% | 0.88 | Bank of America | 7.36% | 7.62% | 1.89 |
| Wachovia | 6.16% | 6.29% | 0.69 | Wells Fargo | 9.50% | 9.61% | 0.72 |
| Wells Fargo | 6.25% | 6.36% | 0.70 | Chase | 7.88% | 8.03% | 1.06 |
| Chase | 6.21% | 6.36% | 0.91 | Fifth Third Bank | 6.69% | 6.78% | 0.75 |
| Fifth Third Bank | 6.34% | 6.40% | 0.35 | ||||
| Madison 15-yr. fixed Mortgage Rates | Madison 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.77% | 7.55% | 4.11 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.20% | 6.48% | 1.06 | Bank of America | 7.20% | 7.58% | 1.55 |
| Wachovia | 5.73% | 5.98% | 0.80 | Wells Fargo | 8.42% | 8.56% | 0.58 |
| Wells Fargo | 6.08% | 6.24% | 0.54 | Chase | 8.32% | 8.57% | 1.15 |
| Chase | 6.00% | 6.25% | 0.88 | Fifth Third Bank | 6.31% | 6.47% | 0.75 |
| Fifth Third Bank | 5.86% | 5.97% | 0.36 | ||||
| Madison 7/1 ARM Mortgage Rates | Madison 7/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.75% | 6.14% | 0.96 | Citibank | 7.00% | 7.46% | 0.00 |
| Bank of America | 6.80% | 6.47% | 1.20 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 6.06% | 6.09% | 0.44 | Wells Fargo | 8.67% | 7.25% | 0.73 |
| Wells Fargo | 6.77% | 6.52% | 0.71 | Chase | 8.42% | 6.87% | 1.13 |
| Chase | 6.66% | 6.27% | 0.90 | ||||
| Madison 5/1 ARM Mortgage Rates | Madison 5/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.44% | 5.97% | 1.02 | Citibank | 6.88% | 7.47% | 0.00 |
| Bank of America | 6.53% | 6.18% | 1.01 | Bank of America | 8.14% | 6.63% | 1.05 |
| Wells Fargo | 6.66% | 6.43% | 0.72 | Wells Fargo | 7.53% | 6.66% | 0.74 |
| Chase | 6.39% | 6.11% | 0.85 | Chase | 7.14% | 6.34% | 0.86 |
| Fifth Third Bank | 6.25% | 6.00% | 0.31 | Fifth Third Bank | 6.21% | 7.40% | 0.86 |
| Madison 3/1 ARM Mortgage Rates | Madison 3/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.12% | 5.84% | 0.92 | Citibank | 7.00% | 7.62% | 0.00 |
| Bank of America | 6.44% | 6.14% | 1.08 | Bank of America | 6.88% | 7.60% | 0.08 |
| Wachovia | 5.75% | 5.80% | 0.35 | Wells Fargo | 6.75% | 7.52% | 0.12 |
| Wells Fargo | 7.21% | 6.43% | 0.91 | Chase | 7.32% | 6.02% | 1.02 |
| Chase | 5.83% | 5.80% | 1.03 | Fifth Third Bank | 6.19% | 7.55% | 0.75 |
| Fifth Third Bank | 6.00% | 5.87% | 0.26 | ||||
| Madison 1-yr. ARM Mortgage Rates | Madison 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 | 7.88% | 6.57% | 1.73 | Wells Fargo | 7.25% | 7.74% | 0.12 |
| Wells Fargo | 7.25% | 7.78% | 0.12 | Chase | 6.74% | 5.82% | 1.05 |
| Chase | 5.73% | 5.78% | 0.96 | Fifth Third Bank | 6.25% | 7.68% | 0.00 |
| Fifth Third Bank | 6.12% | 7.68% | 0.00 | ||||
Banks in Madison, Indiana
Citizens National Bank of Madison, 430 Clifty Drive, Madison Indiana 47250Mite Federal Savings and Loan Association, 201 East Main Street, Madison Indiana 47250
River Valley Financial Bank, 403 Clifty Drive, Madison Indiana 47250
The Madison Bank and Trust Company, 213-215 East Main Street, Madison Indiana 47250
The Madison Bank and Trust Company, 213-215 East Main Street, Madison Indiana 47250
Credit Unions in Madison, Indiana
Clifty Creek Employees, P.O. Box 8, Madison IN 47250-0008 (812) 265-4881Mortgage Statistics for Madison, Indiana
| Madison | Indiana | USA | |
|---|---|---|---|
| Population: Population - The population of Madison, IN  |
21,047 | 6,080,305 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Madison mortgage. |
20,142 | 5,319,845 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Madison mortgage. |
364 | 510,034 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Madison mortgage. |
239 | 214,535 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Madison, IN, where you might buy a home. |
9,499 | 2,532,244 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Madison, where you might apply for a Madison mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Madison, IN |
$87,800 | $94,162 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Madison mortgage interest rates. |
$37,682 | $42,503 | $43,800 |