Current Mortgage Rates in Austin, Minnesota
Monday, October 13, 2008
Current Mortgage Rates*
Loan Type Austin Average |
|
| 30-yr. fixed | 6.12% |
| 30-yr. fixed jumbo | 7.75% |
| 15-yr. fixed | 5.88% |
| 15-yr. fixed jumbo | 6.88% |
| 7/1 ARM | 6.38% |
| 7/1 ARM jumbo | 7.25% |
| 5/1 ARM | 6.12% |
| 5/1 ARM jumbo | 7.00% |
| 3/1 ARM | 5.88% |
| 3/1 ARM jumbo | 6.50% |
| 1-yr. ARM | 4.88% |
| 1-yr. ARM jumbo | 6.12% |
| 1-yr. LIBOR ARM | 6.12% |
*Mortgage Rates Updated: 10/07/2008
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Current Mortgage Rates in Austin, Minnesota
| Austin 30-yr. fixed Mortgage Rates | Austin 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.71% | 8.27% | 4.36 | Citibank | 7.00% | 7.14% | 0.25 |
| Bank of America | 6.61% | 6.76% | 0.81 | Bank of America | 7.45% | 7.72% | 1.87 |
| Wachovia | 6.24% | 6.37% | 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 | ||||
| Fifth Third Bank | 6.40% | 6.47% | 0.36 | ||||
| Austin 15-yr. fixed Mortgage Rates | Austin 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.37% | 8.57% | 6.51 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.21% | 6.48% | 0.92 | Bank of America | 7.31% | 7.72% | 1.69 |
| Wachovia | 5.73% | 5.98% | 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 | ||||
| Fifth Third Bank | 5.86% | 5.98% | 0.38 | ||||
| Austin 7/1 ARM Mortgage Rates | Austin 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 | 6.56% | 6.46% | 0.98 | 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 | ||||
| Austin 5/1 ARM Mortgage Rates | Austin 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 | 6.44% | 6.15% | 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 |
| Fifth Third Bank | 6.20% | 5.99% | 0.28 | ||||
| Austin 3/1 ARM Mortgage Rates | Austin 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 | 6.01% | 6.16% | 0.93 | Bank of America | 6.88% | 7.60% | 0.08 |
| Wachovia | 5.55% | 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% | 5.82% | 0.25 | ||||
| Austin 1-yr. ARM Mortgage Rates | Austin 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 Austin, Minnesota
Community Bank, Austin, 805 North Main Street, Austin Minnesota 55912First Fidelity Savings and Loan Association, 128 North Main St, Austin Minnesota 55912
Norwest Bank Austin, 501 North Main Street, Austin Minnesota 55912
Sterling State Bank, Austin, Minnesota, 1419 1st Avenue Southwest, Austin Minnesota 55912
The First National Bank of Austin, 301 North Main Street, Austin Minnesota 55912
Credit Unions in Austin, Minnesota
Austin City Employees, 711 4th Avenue Ne, Austin MN 55912 (507) 433-6580Hormel Employees, P.O. Box 657, Austin MN 55912 (507) 433-1829
Mower County Catholic Parishes, P.O. Box 885, Austin MN 55912 (507) 433-4608
Mortgage Statistics for Austin, Minnesota
| Austin | Minnesota | USA | |
|---|---|---|---|
| Population: Population - The population of Austin, MN  |
28,012 | 4,914,823 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Austin mortgage. |
26,122 | 4,395,096 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Austin mortgage. |
206 | 171,709 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Austin mortgage. |
1,563 | 143,234 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Austin, MN, where you might buy a home. |
12,095 | 2,063,335 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Austin, where you might apply for a Austin mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Austin, MN |
$72,000 | $117,545 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Austin mortgage interest rates. |
$35,397 | $47,956 | $43,800 |