Current Mortgage Rates in Lorain, Ohio
Saturday, September 06, 2008
Current Mortgage Rates*
Loan Type Lorain Average |
|
| 30-yr. fixed | 6.50% |
| 15-yr. fixed | 5.75% |
| 5/1 ARM | 5.88% |
| 3/1 ARM | 5.75% |
| FHA Mortgage | 6.25% |
| Fixed Rate Mortgage | 7.00% |
| VA Mortgage | 6.00% |
*Mortgage Rates Updated: 09/04/2008
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Current Mortgage Rates in Lorain, Ohio
| Lorain 30-yr. fixed Mortgage Rates | Lorain 15-yr. fixed Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Fifth Third Bank | 6.50% | 6.56% | 0.34 | Fifth Third Bank | 5.95% | 6.06% | 0.38 |
| Lorain 5/1 ARM Mortgage Rates | Lorain 3/1 ARM Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Fifth Third Bank | 6.17% | 5.92% | 0.30 | Fifth Third Bank | 5.72% | 5.72% | 0.26 |
Banks in Lorain, Ohio
Ameritrust Company of Lorain County, 383 Broadway, Lorain Ohio 44052Buckeye Community Bank, 105 Sheffield Center, Lorain Ohio 44055
Citizens Home Savings Company, 559 Broadway, Lorain Ohio 44052
First Federal Savings and Loan Association of Lorain, 3721 Oberlin Avenue, Lorain Ohio 44053
May National Bank of Ohio, 300 Sheffield Center, Lorain Ohio 44055
The Central Trust Company of Northern Ohio, 20th and Broadway, Lorain Ohio 44052
The City Bank Company, 2800 Pearl Avenue, Lorain Ohio 44055
The Lorain National Bank, 457 Broadway, Lorain Ohio 44052
Credit Unions in Lorain, Ohio
Edco, 1165 North Ridge Road E. , Lorain OH 44055 (440) 233-4878Hungarian Reformed Ch Sk Bnft, 1681 E. 31st Street, Lorain OH 44055 (440) 277-4136
Lorain Sacred Heart, P.O. Box 1184, Lorain OH 44055 (440) 277-6345
Mortgage Statistics for Lorain, Ohio
| Lorain | Ohio | USA | |
|---|---|---|---|
| Population: Population - The population of Lorain, OH  |
73,039 | 11,342,186 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Lorain mortgage. |
51,491 | 9,644,834 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Lorain mortgage. |
11,303 | 1,291,241 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Lorain mortgage. |
14,999 | 217,015 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Lorain, OH, where you might buy a home. |
30,064 | 4,777,533 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Lorain, where you might apply for a Lorain mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Lorain, OH |
$89,206 | $104,420 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Lorain mortgage interest rates. |
$33,960 | $42,071 | $43,800 |