Current Mortgage Rates in Cambridge, Maryland
Thursday, December 04, 2008
Current Mortgage Rates*
Loan Type Cambridge Average |
|
| 30-yr. fixed | 5.50% |
| 30-yr. fixed jumbo | 7.75% |
| 15-yr. fixed | 5.25% |
| 15-yr. fixed jumbo | 7.62% |
| 7/1 ARM | 6.00% |
| 7/1 ARM jumbo | 6.75% |
| 5/1 ARM | 5.75% |
| 5/1 ARM jumbo | 6.38% |
| 3/1 ARM | 5.88% |
| 3/1 ARM jumbo | 7.12% |
| 1-yr. ARM | 6.88% |
| 1-yr. ARM jumbo | 6.75% |
| 1-yr. LIBOR ARM | 6.12% |
*Mortgage Rates Updated: 12/04/2008
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Current Mortgage Rates in Cambridge, Maryland
| Cambridge 30-yr. fixed Mortgage Rates | Cambridge 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.27% | 7.72% | 3.49 | Citibank | 7.00% | 7.14% | 0.25 |
| Bank of America | 6.61% | 6.77% | 0.93 | Bank of America | 7.55% | 7.82% | 1.89 |
| Wachovia | 6.10% | 6.23% | 0.67 | Wells Fargo | 9.32% | 9.42% | 0.67 |
| Wells Fargo | 6.09% | 6.19% | 0.73 | Chase | 7.87% | 8.02% | 1.09 |
| Chase | 6.07% | 6.23% | 0.95 | ||||
| Fifth Third Bank | 6.28% | 6.34% | 0.35 | ||||
| Cambridge 15-yr. fixed Mortgage Rates | Cambridge 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.88% | 7.79% | 4.86 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.15% | 6.45% | 1.09 | Bank of America | 7.28% | 7.67% | 1.56 |
| Wachovia | 5.69% | 5.95% | 0.78 | Wells Fargo | 8.34% | 8.49% | 0.63 |
| Wells Fargo | 5.98% | 6.14% | 0.58 | Chase | 8.33% | 8.58% | 1.14 |
| Chase | 5.88% | 6.14% | 0.92 | ||||
| Fifth Third Bank | 5.80% | 5.91% | 0.35 | ||||
| Cambridge 7/1 ARM Mortgage Rates | Cambridge 7/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.62% | 6.09% | 0.97 | Citibank | 7.00% | 7.46% | 0.00 |
| Bank of America | 6.78% | 6.43% | 1.26 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 6.04% | 6.07% | 0.44 | Wells Fargo | 8.30% | 7.08% | 0.76 |
| Wells Fargo | 6.54% | 6.42% | 0.76 | Chase | 8.29% | 6.77% | 1.12 |
| Chase | 6.62% | 6.23% | 0.95 | ||||
| Cambridge 5/1 ARM Mortgage Rates | Cambridge 5/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.36% | 5.94% | 1.02 | Citibank | 6.88% | 7.47% | 0.00 |
| Bank of America | 6.52% | 6.14% | 1.06 | Bank of America | 8.14% | 6.63% | 1.05 |
| Wells Fargo | 6.40% | 6.34% | 0.77 | Wells Fargo | 7.24% | 6.56% | 0.78 |
| Chase | 6.33% | 6.06% | 0.90 | Chase | 7.05% | 6.27% | 0.90 |
| Fifth Third Bank | 6.22% | 5.97% | 0.30 | ||||
| Cambridge 3/1 ARM Mortgage Rates | Cambridge 3/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.12% | 5.83% | 0.92 | Citibank | 7.00% | 7.62% | 0.00 |
| Bank of America | 6.53% | 6.09% | 1.11 | Bank of America | 6.88% | 7.60% | 0.08 |
| Wachovia | 5.75% | 5.79% | 0.34 | Wells Fargo | 6.75% | 7.52% | 0.12 |
| Wells Fargo | 6.89% | 6.36% | 0.91 | Chase | 7.30% | 6.01% | 1.03 |
| Chase | 5.89% | 5.80% | 1.04 | ||||
| Fifth Third Bank | 5.99% | 5.82% | 0.26 | ||||
| Cambridge 1-yr. ARM Mortgage Rates | Cambridge 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 | 7.42% | 6.20% | 1.53 | Wells Fargo | 7.25% | 7.74% | 0.12 |
| Wells Fargo | 7.25% | 7.78% | 0.12 | Chase | 6.70% | 5.81% | 1.06 |
| Chase | 5.78% | 5.77% | 0.99 | ||||
| Cambridge 10-yr. fixed Mortgage Rates | Cambridge 10/1 ARM Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Wachovia | 5.66% | 6.01% | 0.69 | Wachovia | 6.06% | 6.06% | 0.52 |
Banks in Cambridge, Maryland
Bank of The Eastern Shore, 301 Crusader Road, Cambridge Maryland 21613The Farmers and Merchants National Bank of Cambridge, 405 Sunburst Highway, Cambridge Maryland 21613
Mortgage Statistics for Cambridge, Maryland
| Cambridge | Maryland | USA | |
|---|---|---|---|
| Population: Population - The population of Cambridge, MD  |
16,432 | 5,296,486 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Cambridge mortgage. |
10,208 | 3,391,308 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Cambridge mortgage. |
5,859 | 1,477,411 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Cambridge mortgage. |
208 | 227,916 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Cambridge, MD, where you might buy a home. |
7,907 | 2,145,283 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Cambridge, where you might apply for a Cambridge mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Cambridge, MD |
$93,900 | $146,529 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Cambridge mortgage interest rates. |
$31,192 | $54,576 | $43,800 |