Current Mortgage Rates in Richmond, Indiana
Friday, September 05, 2008
Current Mortgage Rates*
Loan Type Richmond Average |
|
| 30-yr. fixed | 6.38% |
| 30-yr. fixed jumbo | 6.88% |
| 15-yr. fixed | 5.88% |
| 15-yr. fixed jumbo | 6.25% |
| 7/1 ARM | 6.00% |
| 7/1 ARM jumbo | 6.50% |
| 5/1 ARM | 5.88% |
| 5/1 ARM jumbo | 6.25% |
| 3/1 ARM | 5.62% |
| 3/1 ARM jumbo | 6.00% |
| 1-yr. ARM | 4.62% |
| 1-yr. ARM jumbo | 4.75% |
| 1-yr. LIBOR ARM | 5.38% |
*Mortgage Rates Updated: 09/04/2008
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Current Mortgage Rates in Richmond, Indiana
| Richmond 30-yr. fixed Mortgage Rates | Richmond 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.54% | 8.04% | 3.74 | Citibank | 7.00% | 7.14% | 0.25 |
| Bank of America | 6.80% | 6.94% | 0.72 | Bank of America | 7.00% | 7.10% | 0.08 |
| Wachovia | 6.31% | 6.44% | 0.75 | Wells Fargo | 7.12% | 7.19% | 0.12 |
| Wells Fargo | 6.75% | 6.99% | 0.25 | Chase | 6.88% | 6.94% | 0.25 |
| Chase | 6.75% | 6.84% | 0.25 | Fifth Third Bank | 6.69% | 6.78% | 0.75 |
| Fifth Third Bank | 6.50% | 6.56% | 0.34 | ||||
| Richmond 15-yr. fixed Mortgage Rates | Richmond 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.37% | 8.56% | 6.51 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.25% | 6.49% | 0.81 | Bank of America | 7.25% | 7.38% | 0.00 |
| Wachovia | 5.76% | 6.02% | 0.87 | Wells Fargo | 7.83% | 7.96% | 0.44 |
| Wells Fargo | 6.21% | 6.34% | 0.33 | Chase | 6.50% | 6.59% | 0.00 |
| Chase | 6.38% | 6.48% | 0.12 | Fifth Third Bank | 6.31% | 6.47% | 0.75 |
| Fifth Third Bank | 5.95% | 6.06% | 0.38 | ||||
| Richmond 7/1 ARM Mortgage Rates | Richmond 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 | 6.62% | 7.29% | 0.03 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 5.69% | 5.75% | 0.64 | Wells Fargo | 6.62% | 7.22% | 0.38 |
| Wells Fargo | 6.50% | 7.27% | 0.25 | Chase | 6.62% | 7.15% | 0.12 |
| Chase | 6.62% | 7.11% | 0.00 | ||||
| Richmond 5/1 ARM Mortgage Rates | Richmond 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 | 6.66% | 6.12% | 0.82 | Bank of America | 8.14% | 6.63% | 1.05 |
| Wells Fargo | 6.38% | 7.27% | 0.38 | Wells Fargo | 6.38% | 7.24% | 0.25 |
| Chase | 6.50% | 7.18% | 0.00 | Chase | 6.75% | 7.32% | 0.00 |
| Fifth Third Bank | 6.17% | 5.92% | 0.30 | Fifth Third Bank | 6.21% | 7.40% | 0.86 |
| Richmond 3/1 ARM Mortgage Rates | Richmond 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 | 6.50% | 7.54% | 0.17 | Bank of America | 6.88% | 7.60% | 0.08 |
| Wachovia | 5.50% | 5.57% | 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 | 5.72% | 5.72% | 0.26 | ||||
| Richmond 1-yr. ARM Mortgage Rates | Richmond 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 | 6.88% | 7.66% | 0.04 | 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 Richmond, Indiana
Bank One, Richmond, 630 Promenade, Richmond Indiana 47374First Bank Richmond, 20 North 9th Street, Richmond Indiana 47374
Harrington Bank, 722 Promenade, Richmond Indiana 47374
Star Bank, , Indiana, 8th and Promenade, Richmond Indiana 47374
West End Savings Bank, 34 S 7th Street, Richmond Indiana 47374
Credit Unions in Richmond, Indiana
Health Care Professionals, 1810 Williamsburg Pike, Richmond IN 47374 (765) 962-3172Natco, P.O. Box 817, Richmond IN 47375 (765) 962-2561
Richmond City Employees, 50 North 5th Street, Richmond IN 47374 (765) 983-7228
Richmond Light Employees, P.O. Box 908, Richmond IN 47375 (765) 973-7262
Richmond State Hospital Employees, 498 N.W. 18th St Motel 27, Richmond IN 47374 (765) 935-0205
Wayne Teachers, P. O. Box 2328, Richmond IN 47375-2328 (877) 962-7113
Mortgage Statistics for Richmond, Indiana
| Richmond | Indiana | USA | |
|---|---|---|---|
| Population: Population - The population of Richmond, IN  |
49,700 | 6,080,305 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Richmond mortgage. |
44,311 | 5,319,845 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Richmond mortgage. |
3,567 | 510,034 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Richmond mortgage. |
848 | 214,535 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Richmond, IN, where you might buy a home. |
21,822 | 2,532,244 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Richmond, where you might apply for a Richmond mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Richmond, IN |
$78,000 | $94,162 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Richmond mortgage interest rates. |
$32,793 | $42,503 | $43,800 |