Current Mortgage Rates in Durham, North Carolina
Thursday, August 21, 2008
Current Mortgage Rates*
Loan Type Durham Average |
|
| 30-yr. fixed | 6.62% |
| 30-yr. fixed jumbo | 7.25% |
| 15-yr. fixed | 6.00% |
| 15-yr. fixed jumbo | 6.62% |
| 7/1 ARM | 6.25% |
| 7/1 ARM jumbo | 6.75% |
| 5/1 ARM | 6.00% |
| 5/1 ARM jumbo | 6.38% |
| 3/1 ARM | 5.62% |
| 3/1 ARM jumbo | 6.25% |
| 1-yr. ARM | 5.75% |
| 1-yr. ARM jumbo | 6.12% |
| 1-yr. LIBOR ARM | 5.50% |
*Mortgage Rates Updated: 08/20/2008
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Current Mortgage Rates in Durham, North Carolina
| Durham 30-yr. fixed Mortgage Rates | Durham 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.43% | 7.88% | 3.32 | Citibank | 7.00% | 7.14% | 0.25 |
| Bank of America | 6.80% | 6.94% | 0.73 | Bank of America | 7.00% | 7.10% | 0.08 |
| Wachovia | 6.31% | 6.45% | 0.77 | Wells Fargo | 7.12% | 7.19% | 0.12 |
| Wells Fargo | 6.75% | 6.99% | 0.25 | Chase | 6.88% | 6.94% | 0.25 |
| Chase | 6.75% | 6.84% | 0.25 | ||||
| Fifth Third Bank | 6.50% | 6.57% | 0.34 | ||||
| Durham 15-yr. fixed Mortgage Rates | Durham 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.30% | 8.44% | 6.16 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.25% | 6.49% | 0.81 | Bank of America | 7.25% | 7.39% | 0.00 |
| Wachovia | 5.76% | 6.04% | 0.89 | Wells Fargo | 7.80% | 7.93% | 0.43 |
| Wells Fargo | 6.22% | 6.35% | 0.31 | Chase | 6.50% | 6.59% | 0.00 |
| Chase | 6.38% | 6.48% | 0.12 | ||||
| Fifth Third Bank | 5.95% | 6.06% | 0.38 | ||||
| Durham 7/1 ARM Mortgage Rates | Durham 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 | 6.62% | 7.29% | 0.03 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 5.69% | 5.75% | 0.65 | Wells Fargo | 6.62% | 7.22% | 0.38 |
| Wells Fargo | 6.50% | 7.27% | 0.25 | Chase | 6.62% | 7.15% | 0.12 |
| Chase | 6.62% | 7.11% | 0.00 | ||||
| Durham 5/1 ARM Mortgage Rates | Durham 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 | 6.65% | 6.12% | 0.82 | Bank of America | 8.14% | 6.63% | 1.05 |
| Wells Fargo | 6.38% | 7.27% | 0.38 | Wells Fargo | 6.38% | 7.24% | 0.25 |
| Chase | 6.50% | 7.18% | 0.00 | Chase | 6.75% | 7.32% | 0.00 |
| Fifth Third Bank | 6.18% | 5.92% | 0.30 | ||||
| Durham 3/1 ARM Mortgage Rates | Durham 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 | 6.50% | 7.54% | 0.17 | Bank of America | 6.88% | 7.60% | 0.08 |
| Wachovia | 5.51% | 5.58% | 0.47 | 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 | 5.73% | 5.72% | 0.26 | ||||
| Durham 1-yr. ARM Mortgage Rates | Durham 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 | 6.88% | 7.66% | 0.04 | 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 Durham, North Carolina
Bb&t Savings Bank of Durham, 315 East Chapel Hill Street, Durham North Carolina 27702Cardinal State Bank, 3400 Westgate Drive, Durham North Carolina 27707
Central Carolina Bank and Trust Company, 111 Corcoran Street, Durham North Carolina 27702
First Federal Savings and Loan Association of Durham, 400 West Main Street, Durham North Carolina 27702
Guaranty State Bank, 302 West Main Street, Durham North Carolina 27702
Liberty Bank & Trust Company, 500 Morgan Street, Durham North Carolina 27702
Mechanics & Farmers Bank, 116 West Parrish Street, Durham North Carolina 27702
Mutual Community Savings Bank, 315 East Chapel Hill Street, Durham North Carolina 27701
Security Federal Savings Bank, 505 South Duke Street, Durham North Carolina 27702
Square 1 Bank, 318 Blackwell Street, Reed Building Suite 120, Durham North Carolina 27701
Credit Unions in Durham, North Carolina
Bcbsnc, P. O. Box 2291, Durham NC 27702 (919) 765-1677Duke University, 1400 Morreene Rd, Durham NC 27705 (919) 684-6704
Generations Community, 123 West Main St, Durham NC 27701 (252) 492-5854
Greater Piedmont, P. O. Box 1729, Durham NC 27702 (919) 687-0585
Herald-sun, P.O. Box 2092, Durham NC 27705 (919) 419-6775
Latino Community, P.O. Box 25360, Durham NC 27702-5360 (919) 530-8800
Mount Vernon Baptist Church, 1007 S. Roxboro Street, Durham NC 27707 (919) 688-1824
Self-help, P. O. Box 3619, Durham NC 27702 (919) 956-4400
Mortgage Statistics for Durham, North Carolina
| Durham | North Carolina | USA | |
|---|---|---|---|
| Population: Population - The population of Durham, NC  |
216,010 | 8,047,333 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Durham mortgage. |
107,727 | 5,803,225 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Durham mortgage. |
87,231 | 1,737,072 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Durham mortgage. |
16,874 | 378,886 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Durham, NC, where you might buy a home. |
92,139 | 3,523,055 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Durham, where you might apply for a Durham mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Durham, NC |
$124,471 | $104,755 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Durham mortgage interest rates. |
$42,777 | $40,165 | $43,800 |