Current Mortgage Rates in Farmington, Minnesota
Sunday, November 22, 2009
Current Mortgage Rates*
Loan Type Farmington Average |
|
| 30-yr. fixed | 4.88% |
| 30-yr. fixed jumbo | 5.12% |
| 15-yr. fixed | 4.25% |
| 15-yr. fixed jumbo | 4.50% |
| 7/1 ARM | 4.38% |
| 7/1 ARM jumbo | 5.38% |
| 5/1 ARM | 4.00% |
| 5/1 ARM jumbo | 4.62% |
| 3/1 ARM | 4.00% |
| 3/1 ARM jumbo | 4.75% |
| 1-yr. ARM | 4.00% |
| 1-yr. ARM jumbo | 5.25% |
| 1-yr. LIBOR ARM | 4.38% |
*Mortgage Rates Updated: 11/21/2009
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Current Mortgage Rates in Farmington, Minnesota
| Farmington 30-yr. fixed Mortgage Rates | Farmington 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 5.14% | 5.19% | 0.18 | Wells Fargo | 5.73% | 5.86% | 1.00 |
| Wells Fargo | 4.86% | 5.04% | 1.00 | Chase | 5.65% | 5.77% | 1.00 |
| Chase | 4.87% | 5.03% | 1.00 | ||||
| Fifth Third Bank | 4.88% | 4.92% | 0.23 | ||||
| Farmington 15-yr. fixed Mortgage Rates | Farmington 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 4.57% | 4.64% | 0.10 | Chase | 5.73% | 5.95% | 1.05 |
| Wells Fargo | 4.32% | 4.60% | 0.76 | ||||
| Chase | 4.32% | 4.60% | 1.03 | ||||
| Fifth Third Bank | 4.25% | 4.29% | 0.00 | ||||
| Farmington 7/1 ARM Mortgage Rates | Farmington 7/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Wells Fargo | 3.86% | 3.67% | 1.00 | Chase | 5.13% | 4.12% | 1.03 |
| Chase | 4.30% | 3.83% | 1.05 | ||||
| Farmington 5/1 ARM Mortgage Rates | Farmington 5/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Wells Fargo | 3.62% | 3.56% | 1.04 | Wells Fargo | 4.88% | 3.87% | 1.00 |
| Chase | 3.81% | 3.60% | 1.03 | Chase | 4.82% | 3.86% | 1.05 |
| Fifth Third Bank | 4.18% | 3.72% | 0.34 | ||||
| Farmington 3/1 ARM Mortgage Rates | Farmington 3/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Wells Fargo | 4.01% | 3.60% | 1.00 | Chase | 5.56% | 3.83% | 1.03 |
| Chase | 4.21% | 3.62% | 1.00 | ||||
| Fifth Third Bank | 4.06% | 3.56% | 0.12 | ||||
| Farmington 1-yr. ARM Mortgage Rates | Farmington 1-yr. ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Chase | 4.17% | 3.55% | 1.00 | Chase | 5.29% | 3.57% | 1.05 |
Banks in Farmington, Minnesota
American Savings, 341 3rd Street, Farmington Minnesota 55024Anchor Bank Farmington, National Association, 324 Oak Street, Farmington Minnesota 55024
Mortgage Statistics for Farmington, Minnesota
| Farmington | Minnesota | USA | |
|---|---|---|---|
| Population: Population - The population of Farmington, MN  |
21,125 | 4,914,823 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Farmington mortgage. |
20,088 | 4,395,096 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Farmington mortgage. |
157 | 171,709 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Farmington mortgage. |
353 | 143,234 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Farmington, MN, where you might buy a home. |
7,090 | 2,063,335 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Farmington, where you might apply for a Farmington mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Farmington, MN |
$148,900 | $117,545 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Farmington mortgage interest rates. |
$63,533 | $47,956 | $43,800 |