Current Mortgage Rates in Faribault, Minnesota
Thursday, August 21, 2008
Current Mortgage Rates*
Loan Type Faribault Average |
|
| 30-yr. fixed | 6.62% |
| 15-yr. fixed | 5.88% |
| 5/1 ARM | 5.88% |
| 3/1 ARM | 5.62% |
| FHA Mortgage | 6.25% |
| Fixed Rate Mortgage | 7.12% |
| VA Mortgage | 6.25% |
*Mortgage Rates Updated: 08/19/2008
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Current Mortgage Rates in Faribault, Minnesota
| Faribault 30-yr. fixed Mortgage Rates | Faribault 15-yr. fixed Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Fifth Third Bank | 6.50% | 6.57% | 0.34 | Fifth Third Bank | 5.95% | 6.06% | 0.38 |
| Faribault 5/1 ARM Mortgage Rates | Faribault 3/1 ARM Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Fifth Third Bank | 6.18% | 5.92% | 0.30 | Fifth Third Bank | 5.73% | 5.72% | 0.26 |
Banks in Faribault, Minnesota
1st United Bank, 430 Northwest Fourth Street, Faribault Minnesota 55021The Faribault National Bank, Faribo West Mall, Out Lot B, Faribault Minnesota 55021
The State Bank of Faribault, 428 Central Avenue, Faribault Minnesota 55021
Mortgage Statistics for Faribault, Minnesota
| Faribault | Minnesota | USA | |
|---|---|---|---|
| Population: Population - The population of Faribault, MN  |
27,377 | 4,914,823 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Faribault mortgage. |
25,185 | 4,395,096 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Faribault mortgage. |
568 | 171,709 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Faribault mortgage. |
1,943 | 143,234 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Faribault, MN, where you might buy a home. |
10,587 | 2,063,335 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Faribault, where you might apply for a Faribault mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Faribault, MN |
$111,200 | $117,545 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Faribault mortgage interest rates. |
$44,683 | $47,956 | $43,800 |