Current Mortgage Rates in Farmington, New Mexico
Monday, October 13, 2008
Current Mortgage Rates*
Loan Type Farmington Average |
|
| 30-yr. fixed | 6.12% |
| 30-yr. fixed jumbo | 7.62% |
| 15-yr. fixed | 5.88% |
| 15-yr. fixed jumbo | 7.12% |
| 7/1 ARM | 6.75% |
| 7/1 ARM jumbo | 7.75% |
| 5/1 ARM | 6.38% |
| 5/1 ARM jumbo | 7.38% |
| 3/1 ARM | 6.25% |
| 3/1 ARM jumbo | 7.12% |
| 1-yr. ARM | 4.88% |
| 1-yr. ARM jumbo | 6.12% |
| 1-yr. LIBOR ARM | 6.25% |
*Mortgage Rates Updated: 10/11/2008
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Current Mortgage Rates in Farmington, New Mexico
| Farmington 30-yr. fixed Mortgage Rates | Farmington 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.69% | 8.25% | 4.33 | Citibank | 7.00% | 7.14% | 0.25 |
| Bank of America | 6.60% | 6.75% | 0.81 | Bank of America | 7.38% | 7.65% | 1.87 |
| Wachovia | 6.22% | 6.36% | 0.72 | Wells Fargo | 9.43% | 9.49% | 0.26 |
| Wells Fargo | 6.42% | 6.49% | 0.23 | Chase | 7.76% | 7.81% | 0.17 |
| Chase | 6.34% | 6.42% | 0.08 | ||||
| Fifth Third Bank | 6.38% | 6.45% | 0.35 | ||||
| Farmington 15-yr. fixed Mortgage Rates | Farmington 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.35% | 8.55% | 6.48 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.26% | 6.53% | 0.99 | Bank of America | 7.20% | 7.59% | 1.56 |
| Wachovia | 5.73% | 5.99% | 0.83 | Wells Fargo | 8.04% | 8.16% | 0.40 |
| Wells Fargo | 6.17% | 6.30% | 0.32 | Chase | 6.50% | 6.59% | 0.00 |
| Chase | 6.35% | 6.47% | 0.07 | ||||
| Fifth Third Bank | 5.86% | 5.98% | 0.38 | ||||
| Farmington 7/1 ARM Mortgage Rates | Farmington 7/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.50% | 7.21% | 0.25 | Citibank | 7.00% | 7.46% | 0.00 |
| Bank of America | 6.50% | 6.48% | 1.05 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 5.85% | 5.90% | 0.55 | Wells Fargo | 8.58% | 7.57% | 0.26 |
| Wells Fargo | 7.26% | 6.84% | 0.16 | Chase | 8.22% | 7.50% | 0.38 |
| Chase | 6.84% | 6.45% | 0.04 | ||||
| Farmington 5/1 ARM Mortgage Rates | Farmington 5/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.38% | 7.29% | 0.12 | Citibank | 6.88% | 7.47% | 0.00 |
| Bank of America | 6.48% | 6.20% | 0.89 | Bank of America | 8.14% | 6.63% | 1.05 |
| Wells Fargo | 7.02% | 6.63% | 0.24 | Wells Fargo | 7.86% | 6.89% | 0.33 |
| Chase | 6.75% | 6.30% | 0.04 | Chase | 7.72% | 6.68% | 0.00 |
| Fifth Third Bank | 6.23% | 6.03% | 0.29 | ||||
| Farmington 3/1 ARM Mortgage Rates | Farmington 3/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.62% | 7.51% | 0.00 | Citibank | 7.00% | 7.62% | 0.00 |
| Bank of America | 6.13% | 6.25% | 0.93 | Bank of America | 6.88% | 7.60% | 0.08 |
| Wachovia | 5.59% | 5.65% | 0.45 | Wells Fargo | 6.75% | 7.52% | 0.12 |
| Wells Fargo | 6.38% | 7.44% | 0.12 | Chase | 6.75% | 7.41% | 0.00 |
| Chase | 6.75% | 7.37% | 0.00 | ||||
| Fifth Third Bank | 5.83% | 5.87% | 0.25 | ||||
| Farmington 1-yr. ARM Mortgage Rates | Farmington 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 | 7.12% | 7.62% | 0.00 |
| Chase | 6.12% | 7.53% | 0.12 | ||||
Banks in Farmington, New Mexico
Centennial Bank, 2000 East 20th Street, Farmington New Mexico 87401Firstbank, Farmington, New Mexico, 320 West Main Street, Farmington New Mexico 87401
Four Corners Community Bank, 500 W. Main Street, Suite 101, Farmington New Mexico 87401
Four Corners Savings Bank, 500 West Main, Farmington New Mexico 87401
San Juan National Bank, 1501 San Juan Boulevard, Farmington New Mexico 87401
San Juan Savings and Loan Association, 200 N Orchard Street, Farmington New Mexico 87401
Sunwest Bank of Farmington, 2200 East Main Street, Farmington New Mexico 87401
The Citizens Bank, 500 West Broadway, Farmington New Mexico 87401
The First National Bank of Farmington, 100 East Broadway, Farmington New Mexico 87401
Vectra Bank Colorado, 2000 East 20th Street, Farmington New Mexico 87401
Credit Unions in Farmington, New Mexico
Animas, 2101 East 20th Street, Farmington NM 87401 (505) 326-7701Mortgage Statistics for Farmington, New Mexico
| Farmington | New Mexico | USA | |
|---|---|---|---|
| Population: Population - The population of Farmington, NM  |
48,389 | 1,810,309 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Farmington mortgage. |
32,131 | 1,211,008 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Farmington mortgage. |
376 | 34,228 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Farmington mortgage. |
8,813 | 763,105 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Farmington, NM, where you might buy a home. |
18,710 | 776,635 | 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, NM |
$87,420 | $100,621 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Farmington mortgage interest rates. |
$36,453 | $34,995 | $43,800 |