Current Mortgage Rates in Ely, Minnesota
Sunday, November 23, 2008
Current Mortgage Rates*
Loan Type Ely Average |
|
| 30-yr. fixed | 5.88% |
| 15-yr. fixed | 5.50% |
| 5/1 ARM | 5.62% |
| 3/1 ARM | 5.75% |
*Mortgage Rates Updated: 11/21/2008
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Current Mortgage Rates in Ely, Minnesota
| Ely 30-yr. fixed Mortgage Rates | Ely 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.41% | 7.88% | 3.65 | Citibank | 7.00% | 7.14% | 0.25 |
| Bank of America | 6.69% | 6.84% | 0.87 | Bank of America | 7.45% | 7.72% | 1.89 |
| Wachovia | 6.16% | 6.29% | 0.69 | Wells Fargo | 9.50% | 9.61% | 0.72 |
| Wells Fargo | 6.25% | 6.35% | 0.70 | Chase | 7.88% | 8.03% | 1.06 |
| Chase | 6.20% | 6.36% | 0.91 | ||||
| Fifth Third Bank | 6.34% | 6.40% | 0.35 | ||||
| Ely 15-yr. fixed Mortgage Rates | Ely 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.02% | 7.98% | 5.16 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.19% | 6.48% | 1.07 | Bank of America | 7.35% | 7.76% | 1.69 |
| Wachovia | 5.73% | 5.98% | 0.80 | Wells Fargo | 8.42% | 8.56% | 0.58 |
| Wells Fargo | 6.08% | 6.24% | 0.54 | Chase | 8.32% | 8.57% | 1.15 |
| Chase | 6.00% | 6.25% | 0.88 | ||||
| Fifth Third Bank | 5.86% | 5.97% | 0.36 | ||||
| Ely 7/1 ARM Mortgage Rates | Ely 7/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.75% | 6.14% | 0.96 | Citibank | 7.00% | 7.46% | 0.00 |
| Bank of America | 6.92% | 6.54% | 1.21 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 6.06% | 6.09% | 0.44 | Wells Fargo | 8.67% | 7.25% | 0.73 |
| Wells Fargo | 6.77% | 6.52% | 0.71 | Chase | 8.42% | 6.87% | 1.13 |
| Chase | 6.66% | 6.27% | 0.90 | ||||
| Ely 5/1 ARM Mortgage Rates | Ely 5/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.44% | 5.97% | 1.02 | Citibank | 6.88% | 7.47% | 0.00 |
| Bank of America | 6.52% | 6.17% | 1.02 | Bank of America | 8.14% | 6.63% | 1.05 |
| Wells Fargo | 6.66% | 6.43% | 0.72 | Wells Fargo | 7.53% | 6.66% | 0.74 |
| Chase | 6.39% | 6.11% | 0.85 | Chase | 7.14% | 6.34% | 0.86 |
| Fifth Third Bank | 6.25% | 6.00% | 0.31 | ||||
| Ely 3/1 ARM Mortgage Rates | Ely 3/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.12% | 5.84% | 0.92 | Citibank | 7.00% | 7.62% | 0.00 |
| Bank of America | 6.44% | 6.14% | 1.08 | Bank of America | 6.88% | 7.60% | 0.08 |
| Wachovia | 5.75% | 5.80% | 0.35 | Wells Fargo | 6.75% | 7.52% | 0.12 |
| Wells Fargo | 7.21% | 6.43% | 0.91 | Chase | 7.32% | 6.02% | 1.02 |
| Chase | 5.83% | 5.80% | 1.03 | ||||
| Fifth Third Bank | 6.00% | 5.87% | 0.26 | ||||
| Ely 1-yr. ARM Mortgage Rates | Ely 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 | 6.74% | 5.82% | 1.05 |
| Chase | 5.73% | 5.78% | 0.96 | ||||
Banks in Ely, Minnesota
Boundary Waters Bank, 601 East Sheridan Street, Ely Minnesota 55731Boundary Waters State Bank, 601 East Sheridan Street, Ely Minnesota 55731
Norwest Bank Ely, 104 East Chapman Street, Ely Minnesota 55731
Credit Unions in Ely, Minnesota
Ely Area, 2 E. Chapman ST. , Ely MN 55731 (218) 365-3131Mortgage Statistics for Ely, Minnesota
| Ely | Minnesota | USA | |
|---|---|---|---|
| Population: Population - The population of Ely, MN  |
6,264 | 4,914,823 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Ely mortgage. |
6,095 | 4,395,096 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Ely mortgage. |
33 | 171,709 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Ely mortgage. |
47 | 143,234 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Ely, MN, where you might buy a home. |
4,654 | 2,063,335 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Ely, where you might apply for a Ely mortgage. |
1 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Ely, MN |
$75,500 | $117,545 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Ely mortgage interest rates. |
$31,781 | $47,956 | $43,800 |