Current Mortgage Rates in Salem, Oregon
Wednesday, October 08, 2008
Current Mortgage Rates*
Loan Type Salem Average |
|
| 30-yr. fixed | 6.00% |
| 15-yr. fixed | 5.50% |
| 5/1 ARM | 6.12% |
| 3/1 ARM | 5.88% |
| FHA Mortgage | 6.00% |
| Fixed Rate Mortgage | 6.88% |
| VA Mortgage | 6.00% |
*Mortgage Rates Updated: 10/07/2008
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Current Mortgage Rates in Salem, Oregon
| Salem 30-yr. fixed Mortgage Rates | Salem 15-yr. fixed Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Fifth Third Bank | 6.40% | 6.47% | 0.36 | Fifth Third Bank | 5.86% | 5.98% | 0.38 |
| Salem 5/1 ARM Mortgage Rates | Salem 3/1 ARM Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Fifth Third Bank | 6.20% | 5.99% | 0.28 | Fifth Third Bank | 5.78% | 5.82% | 0.25 |
Banks in Salem, Oregon
American Federal Savings and Loan Association, 580 State St, Salem Oregon 97301Bank of Salem, 1995 Commercial Street Southeast, Salem Oregon 97302
Citizens Savings and Loan Association, 603 Chemeketa, Salem Oregon 97309
Citizens Savings and Loan Association, A Federal Savings and Loan Associ, 603 Chemeketa, Salem Oregon 97301
First Security Bank of Oregon, 580 State Street, Northeast, Salem Oregon 97301
Pioneer Trust Bank, 109 Commercial Street, N.E. , Salem Oregon 97308
The Commercial Bank, 301 Church Street, N.E. , Salem Oregon 97308
Western Security Bank, 416 State Street, Salem Oregon 97308
Willamette Valley Bank, 101 High Street, N.E. , Salem Oregon 97301
Credit Unions in Salem, Oregon
Ibew/sj Cascade, P. O. Box 3227, Salem OR 97302 (503) 581-6221Marion and Polk Schools, P. O. Box 12398, Salem OR 97309 (503) 588-0181
Oregon Employees, 631 Winter St Ne, Salem OR 97301 (503) 588-0211
Oregon Territory, 205 Chemeketa ST. Ne, Salem OR 97301 (503) 585-6296
Roth's Employees, 702 Lancaster Dr Ne, Salem OR 97301 (503) 399-7014
Mortgage Statistics for Salem, Oregon
| Salem | Oregon | USA | |
|---|---|---|---|
| Population: Population - The population of Salem, OR  |
222,697 | 3,413,592 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Salem mortgage. |
186,005 | 2,955,947 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Salem mortgage. |
2,376 | 55,626 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Salem mortgage. |
31,482 | 272,784 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Salem, OR, where you might buy a home. |
86,995 | 1,448,490 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Salem, where you might apply for a Salem mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Salem, OR |
$130,189 | $150,697 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Salem mortgage interest rates. |
$41,318 | $41,782 | $43,800 |