Current Mortgage Rates in Cambridge, Massachusetts
Saturday, September 06, 2008
Current Mortgage Rates*
Loan Type Cambridge Average |
|
| 30-yr. fixed | 6.25% |
| 30-yr. fixed jumbo | 7.00% |
| 15-yr. fixed | 5.75% |
| 15-yr. fixed jumbo | 6.62% |
| 7/1 ARM | 6.25% |
| 7/1 ARM jumbo | 7.00% |
| 5/1 ARM | 5.88% |
| 5/1 ARM jumbo | 6.62% |
| 3/1 ARM | 5.75% |
| 3/1 ARM jumbo | 6.38% |
| 1-yr. ARM | 6.25% |
| 1-yr. ARM jumbo | 6.62% |
| 1-yr. LIBOR ARM | 5.50% |
*Mortgage Rates Updated: 09/04/2008
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Current Mortgage Rates in Cambridge, Massachusetts
| Cambridge 30-yr. fixed Mortgage Rates | Cambridge 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.15% | 7.49% | 2.31 | 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% | 6.45% | 0.75 | Wells Fargo | 7.12% | 7.19% | 0.12 |
| Chase | 6.75% | 6.84% | 0.25 | Chase | 6.88% | 6.94% | 0.25 |
| Cambridge 15-yr. fixed Mortgage Rates | Cambridge 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.20% | 8.26% | 5.70 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.25% | 6.49% | 0.81 | Bank of America | 7.25% | 7.39% | 0.00 |
| Wachovia | 5.76% | 6.04% | 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 | ||||
| Cambridge 7/1 ARM Mortgage Rates | Cambridge 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 | ||||
| Cambridge 5/1 ARM Mortgage Rates | Cambridge 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 |
| Cambridge 3/1 ARM Mortgage Rates | Cambridge 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% | 5.58% | 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 | ||||
| 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 | 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 | ||||
Banks in Cambridge, Massachusetts
Baybank Harvard Trust Company, 1414 Massachusetts Avenue, Cambridge Massachusetts 2139Cambridge Savings Bank, 1374 Massachusetts Avenue, Cambridge Massachusetts 2138
Cambridge Trust Company, 1336 Massachusetts Avenue, Cambridge Massachusetts 2138
Cambridgeport Bank, 689 Massachusetts Avenue, Cambridge Massachusetts 2139
East Cambridge Savings Bank, 292 Cambridge Street, Cambridge Massachusetts 2141
National Bank of Greece, 2067 Massachusetts Avenue, Cambridge Massachusetts 2140
North Cambridge Co-operative Bank, 2360 Massachusetts Avenue, Cambridge Massachusetts 2140
Shawmut County Bank, 515 Massachusetts Avenue, Cambridge Massachusetts 2139
Ustrust, 141 Portland Street, Cambridge Massachusetts 2139
Credit Unions in Cambridge, Massachusetts
Cambridge Firefighters, 113 Garden Street, Cambridge MA 2138 (617) 864-2298Cambridge Municipal Employees, 795 MASS. Ave City Hall, Cambridge MA 2139 (617) 547-4671
Cambridge Teachers, 459 Broadway, Cambridge MA 2138 (617) 492-3212
Harvard University Employees, 1350 Massachusetts Avenue, Cambridge MA 2138 (617) 495-4460
Mortgage Statistics for Cambridge, Massachusetts
| Cambridge | Massachusetts | USA | |
|---|---|---|---|
| Population: Population - The population of Cambridge, MA  |
101,391 | 6,349,048 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Cambridge mortgage. |
69,052 | 5,367,254 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Cambridge mortgage. |
12,079 | 343,448 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Cambridge mortgage. |
7,455 | 428,727 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Cambridge, MA, where you might buy a home. |
44,743 | 2,621,986 | 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, MA |
$337,188 | $202,794 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Cambridge mortgage interest rates. |
$49,079 | $52,741 | $43,800 |