Current Mortgage Rates in Merrillville, Indiana
Tuesday, October 07, 2008
Current Mortgage Rates*
Loan Type Merrillville Average |
|
| 30-yr. fixed | 6.12% |
| 30-yr. fixed jumbo | 8.00% |
| 15-yr. fixed | 5.88% |
| 15-yr. fixed jumbo | 7.50% |
| 7/1 ARM | 6.25% |
| 7/1 ARM jumbo | 6.88% |
| 5/1 ARM | 6.00% |
| 5/1 ARM jumbo | 6.62% |
| 3/1 ARM | 5.88% |
| 3/1 ARM jumbo | 6.12% |
| 1-yr. ARM | 5.75% |
| 1-yr. ARM jumbo | 6.12% |
| 1-yr. LIBOR ARM | 6.12% |
*Mortgage Rates Updated: 10/07/2008
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Current Mortgage Rates in Merrillville, Indiana
| Merrillville 30-yr. fixed Mortgage Rates | Merrillville 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 | ||||
| Merrillville 15-yr. fixed Mortgage Rates | Merrillville 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 | ||||
| Merrillville 7/1 ARM Mortgage Rates | Merrillville 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 | ||||
| Merrillville 5/1 ARM Mortgage Rates | Merrillville 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 |
| Merrillville 3/1 ARM Mortgage Rates | Merrillville 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 | ||||
| Merrillville 1-yr. ARM Mortgage Rates | Merrillville 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 Merrillville, Indiana
Merrillville Bank and Trust Company, 7701 Broadway Avenue, Merrillville Indiana 46410Pinnacle Bank, 8400 Louisiana Street, Merrillville Indiana 46410
Steel City Federal Savings and Loan Association, 7700 Broadway, Merrillville Indiana 46410
Credit Unions in Merrillville, Indiana
Base, 7375 Broadway, Merrillville IN 46410 (219) 738-3249East Division, 7700 Broadway, Merrillville IN 46410 (219) 736-5767
Members Source, 8580 Virginia ST. , Merrillville IN 46410 (219) 756-4141
Northern Indiana, 8121 Grand Blvd, Merrillville IN 46410 (219) 942-3377
Mortgage Statistics for Merrillville, Indiana
| Merrillville | Indiana | USA | |
|---|---|---|---|
| Population: Population - The population of Merrillville, IN  |
32,841 | 6,080,305 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Merrillville mortgage. |
22,167 | 5,319,845 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Merrillville mortgage. |
8,258 | 510,034 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Merrillville mortgage. |
3,100 | 214,535 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Merrillville, IN, where you might buy a home. |
13,227 | 2,532,244 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Merrillville, where you might apply for a Merrillville mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Merrillville, IN |
$100,000 | $94,162 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Merrillville mortgage interest rates. |
$48,191 | $42,503 | $43,800 |