Current Mortgage Rates in Portland, Maine
Sunday, October 12, 2008
Current Mortgage Rates*
Loan Type Portland Average |
|
| 30-yr. fixed | 6.00% |
| 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 Portland, Maine
| Portland 30-yr. fixed Mortgage Rates | Portland 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.71% | 8.28% | 4.42 | Citibank | 7.00% | 7.14% | 0.25 |
| Bank of America | 6.61% | 6.75% | 0.80 | Bank of America | 7.32% | 7.59% | 1.87 |
| Wachovia | 6.24% | 6.38% | 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 | ||||
| Portland 15-yr. fixed Mortgage Rates | Portland 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.37% | 8.59% | 6.60 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.22% | 6.48% | 0.91 | Bank of America | 7.16% | 7.53% | 1.51 |
| Wachovia | 5.73% | 6.00% | 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 | ||||
| Portland 7/1 ARM Mortgage Rates | Portland 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 | 6.24% | 6.28% | 0.97 | 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 | ||||
| Portland 5/1 ARM Mortgage Rates | Portland 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 |
| Portland 3/1 ARM Mortgage Rates | Portland 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 | 5.96% | 6.15% | 0.93 | Bank of America | 6.88% | 7.60% | 0.08 |
| Wachovia | 5.55% | 5.62% | 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 | ||||
| Portland 1-yr. ARM Mortgage Rates | Portland 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 | ||||
Atlantic Bank, 511 Congress Street, Portland Maine 4101
Atlantic Federal Savings and Loan Association, 435 Congress Street, Portland Maine 4111
Canal National Bank, 188 Middle Street, Portland Maine 4111
Casco Bank & Trust Company, One Monument Square, Portland Maine 4104
Casco Northern Bank, One Monument Square, Portland Maine 4101
Coastal Bank, 1200 Congress Street, Portland Maine 4102
Deering Savings and Loan Association, 563 Brighton Ave, Portland Maine 4102
First Maine Bank, 489 Congress Street, Portland Maine 4101
Fleet Bank of Maine, One City Center, Portland Maine 4104
Key Bank of Southern Maine, 1 Canal Plaza, Portland Maine 4111
Atlantic Federal Savings and Loan Association, 435 Congress Street, Portland Maine 4111
Canal National Bank, 188 Middle Street, Portland Maine 4111
Casco Bank & Trust Company, One Monument Square, Portland Maine 4104
Casco Northern Bank, One Monument Square, Portland Maine 4101
Coastal Bank, 1200 Congress Street, Portland Maine 4102
Deering Savings and Loan Association, 563 Brighton Ave, Portland Maine 4102
First Maine Bank, 489 Congress Street, Portland Maine 4101
Fleet Bank of Maine, One City Center, Portland Maine 4104
Key Bank of Southern Maine, 1 Canal Plaza, Portland Maine 4111
Keybank, One Canal Plaza, Portland Maine 4112
Maine Bank & Trust Company, 467 Congress Street, Portland Maine 4104
Maine National Bank, 400 Congress Street, Portland Maine 4111
Maine Savings Bank, One Maine Savings Plaza, Portland Maine 4104
New Maine National Bank, 400 Congress Street, Portland Maine 4101
Norstar Bank of Maine, One City Center, Portland Maine 4104
People's Savings Bank, 481 Congress Street, Portland Maine 4104
Sun Savings and Loan Association, 467 Congress Street, Portland Maine 4111
Sun Savingsand Loan Association, 561 Congress Street, Portland Maine 4101
Td Banknorth, One Portland Square, Portland Maine 4112
Maine Bank & Trust Company, 467 Congress Street, Portland Maine 4104
Maine National Bank, 400 Congress Street, Portland Maine 4111
Maine Savings Bank, One Maine Savings Plaza, Portland Maine 4104
New Maine National Bank, 400 Congress Street, Portland Maine 4101
Norstar Bank of Maine, One City Center, Portland Maine 4104
People's Savings Bank, 481 Congress Street, Portland Maine 4104
Sun Savings and Loan Association, 467 Congress Street, Portland Maine 4111
Sun Savingsand Loan Association, 561 Congress Street, Portland Maine 4101
Td Banknorth, One Portland Square, Portland Maine 4112
Credit Unions in Portland, Maine
Government Employees Credit Union of Maine, P.O. Box 777, Portland ME 4104 (207) 878-6200Hannaford Associates, P.O. Box 1440, Portland ME 4104 (207) 883-3630
Infinity, P.O. Box 9742, Portland ME 4104 (207) 854-6000
Maine Media, P.O. Box 7702, Portland ME 4112 (207) 774-4307
Portland Maine Police Department, 109 Middle Street, Portland ME 4101 (207) 773-0726
Portland Regional, 1345 Washington Avenue, Portland ME 4103 (207) 797-6492
Mortgage Statistics for Portland, Maine
| Portland | Maine | USA | |
|---|---|---|---|
| Population: Population - The population of Portland, ME  |
63,237 | 1,271,775 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Portland mortgage. |
57,649 | 1,232,937 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Portland mortgage. |
1,665 | 6,755 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Portland mortgage. |
966 | 9,344 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Portland, ME, where you might buy a home. |
30,643 | 646,115 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Portland, where you might apply for a Portland mortgage. |
2 | 1 | 2 |
| Average House Value: Average House Value - The average house value in Portland, ME |
$123,914 | $100,946 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Portland mortgage interest rates. |
$36,433 | $37,768 | $43,800 |