Current Mortgage Rates in Iowa City, Iowa
Wednesday, October 08, 2008
Current Mortgage Rates*
Loan Type Iowa City Average |
|
| 30-yr. fixed | 6.00% |
| 15-yr. fixed | 5.50% |
| 5/1 ARM | 6.00% |
| 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 Iowa City, Iowa
| Iowa City 30-yr. fixed Mortgage Rates | Iowa City 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.62% | 6.68% | 0.00 | Citibank | 7.75% | 7.79% | 0.12 |
| Bank of America | 6.38% | 6.50% | 0.92 | Bank of America | 7.12% | 7.26% | 1.17 |
| Wells Fargo | 6.62% | 6.68% | 0.25 | Wells Fargo | 7.25% | 7.29% | 0.12 |
| Chase | 6.50% | 6.59% | 0.25 | Chase | 7.12% | 7.16% | 0.12 |
| Fifth Third Bank | 6.40% | 6.47% | 0.36 | ||||
| Iowa City 15-yr. fixed Mortgage Rates | Iowa City 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.25% | 6.37% | 0.25 | Bank of America | 7.62% | 7.82% | 1.00 |
| Bank of America | 6.12% | 6.32% | 0.90 | Wells Fargo | 7.12% | 7.17% | 0.12 |
| Wells Fargo | 6.25% | 6.35% | 0.25 | Chase | 7.00% | 7.05% | 0.12 |
| Chase | 6.38% | 6.47% | 0.12 | ||||
| Fifth Third Bank | 5.86% | 5.98% | 0.38 | ||||
| Iowa City 7/1 ARM Mortgage Rates | Iowa City 7/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.88% | 7.10% | 0.12 | Citibank | 7.12% | 7.19% | 0.00 |
| Chase | 6.62% | 6.98% | 0.12 | Chase | 6.75% | 7.02% | 0.12 |
| Iowa City 5/1 ARM Mortgage Rates | Iowa City 5/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.75% | 7.08% | 0.00 | Citibank | 7.25% | 7.25% | 0.00 |
| Bank of America | 6.00% | 6.84% | 1.08 | Bank of America | 6.75% | 7.10% | 0.95 |
| Wells Fargo | 6.50% | 6.78% | 0.12 | Wells Fargo | 7.75% | 7.09% | 0.12 |
| Chase | 6.25% | 6.90% | 0.12 | Chase | 7.00% | 7.18% | 0.12 |
| Fifth Third Bank | 6.20% | 5.99% | 0.28 | ||||
| Iowa City 3/1 ARM Mortgage Rates | Iowa City 3/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.75% | 7.14% | 0.00 | Citibank | 7.75% | 7.39% | 0.00 |
| Bank of America | 6.00% | 7.06% | 1.09 | Bank of America | 7.00% | 7.35% | 1.08 |
| Wells Fargo | 7.50% | 6.97% | 0.12 | Wells Fargo | 8.25% | 7.08% | 0.25 |
| Chase | 6.88% | 7.33% | 0.00 | Chase | 7.12% | 7.38% | 0.25 |
| Fifth Third Bank | 5.78% | 5.82% | 0.25 | ||||
Banks in Iowa City, Iowa
Farmers and Merchants Savings Bank, 2235 Mormon Trek Boulevard, Iowa City Iowa 52246First Federal Savings and Loan Association of Iowa City, 150 East Court Street, Iowa City Iowa 52240
First National Bank Iowa, 204 East Washington Street, Iowa City Iowa 52240
Hawkeye State Bank, 229 South Dubuque Street, Iowa City Iowa 52240
Iowa State Bank & Trust Company, 102 South Clinton Street, Iowa City Iowa 52240
Credit Unions in Iowa City, Iowa
Federal Employees, 601 Hwy 1 West, Iowa City IA 52246 (319) 354-1813Mortgage Statistics for Iowa City, Iowa
| Iowa City | Iowa | USA | |
|---|---|---|---|
| Population: Population - The population of Iowa City, IA  |
68,913 | 2,925,832 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Iowa City mortgage. |
60,740 | 2,718,772 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Iowa City mortgage. |
2,376 | 61,591 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Iowa City mortgage. |
1,987 | 79,296 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Iowa City, IA, where you might buy a home. |
29,834 | 1,232,284 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Iowa City, where you might apply for a Iowa City mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Iowa City, IA |
$125,621 | $84,186 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Iowa City mortgage interest rates. |
$37,613 | $40,036 | $43,800 |