Current Mortgage Rates in Minnetonka, Minnesota
Thursday, August 21, 2008
Current Mortgage Rates*
Loan Type Minnetonka 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 Minnetonka, Minnesota
| Minnetonka 30-yr. fixed Mortgage Rates | Minnetonka 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 |
| Minnetonka 5/1 ARM Mortgage Rates | Minnetonka 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 Minnetonka, Minnesota
First Minnesota Bank, 4625 County Highway 101, Minnetonka Minnesota 55343First Minnetonka City Bank, 14550 Excelsior Boulevard, Minnetonka Minnesota 55345
First National Bank of Minnetonka, 17600 State Highway 7, Minnetonka Minnesota 55343
Midcountry Bank, 14617 Highway 7, Minnetonka Minnesota 55345
Minnetonka National Bank, 1809 Plymouth Road South, Minnetonka Minnesota 55343
Ridgedale State Bank, 1730 Plymouth Road, Minnetonka Minnesota 55305
Signature Bank, 9800 Bren Road East, Suite 200, Minnetonka Minnesota 55343
The Business Bank, 11100 Wayzata Boulevard, Suite 150, Minnetonka Minnesota 55305
Mortgage Statistics for Minnetonka, Minnesota
| Minnetonka | Minnesota | USA | |
|---|---|---|---|
| Population: Population - The population of Minnetonka, MN  |
22,227 | 4,914,823 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Minnetonka mortgage. |
21,222 | 4,395,096 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Minnetonka mortgage. |
207 | 171,709 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Minnetonka mortgage. |
250 | 143,234 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Minnetonka, MN, where you might buy a home. |
8,490 | 2,063,335 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Minnetonka, where you might apply for a Minnetonka mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Minnetonka, MN |
$188,700 | $117,545 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Minnetonka mortgage interest rates. |
$78,530 | $47,956 | $43,800 |