Current Mortgage Rates in Forest Lake, Minnesota

Tuesday, October 07, 2008



Current Mortgage Rates*

Loan Type
Forest Lake Average
30-yr. fixed5.88%
15-yr. fixed5.50%
5/1 ARM6.00%
3/1 ARM5.88%
FHA Mortgage6.00%
Fixed Rate Mortgage6.88%
VA Mortgage6.00%
*Mortgage Rates Updated: 10/07/2008

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Current Mortgage Rates in Forest Lake, Minnesota

Forest Lake 30-yr. fixed Mortgage Rates Forest Lake 15-yr. fixed Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Fifth Third Bank6.40%6.47%0.36Fifth Third Bank5.86%5.98%0.38
Forest Lake 5/1 ARM Mortgage Rates Forest Lake 3/1 ARM Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Fifth Third Bank6.20%5.99%0.28Fifth Third Bank5.78%5.82%0.25

Banks in Forest Lake, Minnesota

First Bank Forest Lake, 320 West Broadway, Forest Lake Minnesota 55025
Forest Lake State Bank, 208 South Lake Street, Forest Lake Minnesota 55025

Mortgage Statistics for Forest Lake, Minnesota

  Forest Lake Minnesota USA
Population:
Population - The population of Forest Lake, MN
19,659 4,914,823 284,881,454
White Population:
White Population - The number of white people living in where you might apply for a Forest Lake mortgage.
19,155 4,395,096 210,951,199
Black Population:
Black Population - The number of black people living in where you might apply for a Forest Lake mortgage.
52 171,709 33,966,477
Hispanic Population:
Hispanic Population - The number of hispanic people living in where you might apply for a Forest Lake mortgage.
174 143,234 34,671,551
HouseHolds:
HouseHolds - The total number of households in Forest Lake, MN, where you might buy a home.
7,349 2,063,335 117,153,924
Person per Household:
Person per Household - The average number of people in a household in Forest Lake, where you might apply for a Forest Lake mortgage.
2 2 2
Average House Value:
Average House Value - The average house value in Forest Lake, MN
$154,700 $117,545 $132,188
Income per Household:
Income per Household - The household income where you might compare Forest Lake mortgage interest rates.
$58,938 $47,956 $43,800

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