Current Mortgage Rates in Frederick, Maryland
Tuesday, October 07, 2008
Current Mortgage Rates*
Loan Type Frederick Average |
|
| 30-yr. fixed | 6.12% |
| 30-yr. fixed jumbo | 7.62% |
| 15-yr. fixed | 5.75% |
| 15-yr. fixed jumbo | 7.38% |
| 7/1 ARM | 6.38% |
| 7/1 ARM jumbo | 6.88% |
| 5/1 ARM | 6.25% |
| 5/1 ARM jumbo | 6.88% |
| 3/1 ARM | 6.00% |
| 3/1 ARM jumbo | 6.25% |
| 1-yr. ARM | 5.75% |
| 1-yr. ARM jumbo | 6.12% |
| 1-yr. LIBOR ARM | 6.25% |
*Mortgage Rates Updated: 10/06/2008
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Current Mortgage Rates in Frederick, Maryland
| Frederick 30-yr. fixed Mortgage Rates | Frederick 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.72% | 8.29% | 4.43 | Citibank | 7.00% | 7.14% | 0.25 |
| Bank of America | 6.62% | 6.77% | 0.81 | Bank of America | 7.45% | 7.71% | 1.84 |
| Wachovia | 6.25% | 6.38% | 0.71 | Wells Fargo | 9.29% | 9.36% | 0.27 |
| Wells Fargo | 6.43% | 6.51% | 0.24 | Chase | 7.75% | 7.80% | 0.15 |
| Chase | 6.32% | 6.40% | 0.08 | ||||
| Fifth Third Bank | 6.41% | 6.48% | 0.36 | ||||
| Frederick 15-yr. fixed Mortgage Rates | Frederick 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% | 6.49% | 0.94 | Bank of America | 7.23% | 7.61% | 1.56 |
| Wachovia | 5.74% | 6.00% | 0.82 | Wells Fargo | 7.98% | 8.10% | 0.41 |
| Wells Fargo | 6.16% | 6.30% | 0.33 | Chase | 6.50% | 6.59% | 0.00 |
| Chase | 6.32% | 6.45% | 0.07 | ||||
| Fifth Third Bank | 5.87% | 5.98% | 0.38 | ||||
| Frederick 7/1 ARM Mortgage Rates | Frederick 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 | 6.42% | 6.37% | 0.99 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 5.78% | 5.83% | 0.59 | Wells Fargo | 8.44% | 7.47% | 0.30 |
| Wells Fargo | 7.34% | 6.87% | 0.18 | Chase | 6.62% | 7.15% | 0.12 |
| Chase | 6.85% | 6.41% | 0.04 | ||||
| Frederick 5/1 ARM Mortgage Rates | Frederick 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 | 6.49% | 6.16% | 0.88 | Bank of America | 8.14% | 6.63% | 1.05 |
| Wells Fargo | 7.07% | 6.58% | 0.24 | Wells Fargo | 7.81% | 6.83% | 0.34 |
| Chase | 6.82% | 6.27% | 0.02 | Chase | 7.78% | 6.66% | 0.00 |
| Fifth Third Bank | 6.21% | 5.98% | 0.28 | ||||
| Frederick 3/1 ARM Mortgage Rates | Frederick 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 | 6.12% | 6.18% | 0.93 | Bank of America | 6.88% | 7.60% | 0.08 |
| Wachovia | 5.54% | 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 | 5.78% | 5.81% | 0.25 | ||||
| Frederick 1-yr. ARM Mortgage Rates | Frederick 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 | 7.12% | 7.62% | 0.00 |
| Chase | 6.12% | 7.53% | 0.12 | ||||
Banks in Frederick, Maryland
Farmers & Mechanics Bank, Thomas Johnson Drive, Frederick Maryland 21702Fcnb Bank, 7200 Fcnb Court, Frederick Maryland 21701
First Bank of Frederick, 1562 Oppossumtown Pike, Frederick Maryland 21701
Francis Scott Key Bank and Trust Company, 26 North Court Street, Frederick Maryland 21701
Frederick County Bank, 30 West Patrick Street, Frederick Maryland 21701
Fredericktown Bank & Trust Company, 30 North Market Street, Frederick Maryland 21701
Standard Federal Savings Association, 5300 Westview Drive, Frederick Maryland 21701
Credit Unions in Frederick, Maryland
Ferko Md, P. O. Box 1478, Frederick MD 21702 (301) 662-7266Mortgage Statistics for Frederick, Maryland
| Frederick | Maryland | USA | |
|---|---|---|---|
| Population: Population - The population of Frederick, MD  |
93,580 | 5,296,486 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Frederick mortgage. |
77,282 | 3,391,308 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Frederick mortgage. |
10,159 | 1,477,411 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Frederick mortgage. |
3,362 | 227,916 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Frederick, MD, where you might buy a home. |
37,424 | 2,145,283 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Frederick, where you might apply for a Frederick mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Frederick, MD |
$147,472 | $146,529 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Frederick mortgage interest rates. |
$55,273 | $54,576 | $43,800 |