Current Mortgage Rates in Reading, Pennsylvania
Monday, October 13, 2008
Current Mortgage Rates*
Loan Type Reading Average |
|
| 30-yr. fixed | 6.25% |
| 30-yr. fixed jumbo | 7.88% |
| 15-yr. fixed | 5.88% |
| 15-yr. fixed jumbo | 7.50% |
| 7/1 ARM | 6.50% |
| 7/1 ARM jumbo | 7.25% |
| 5/1 ARM | 6.12% |
| 5/1 ARM jumbo | 6.88% |
| 3/1 ARM | 5.88% |
| 3/1 ARM jumbo | 6.38% |
| 1-yr. ARM | 5.88% |
| 1-yr. ARM jumbo | 6.12% |
| 1-yr. LIBOR ARM | 6.12% |
*Mortgage Rates Updated: 10/07/2008
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Current Mortgage Rates in Reading, Pennsylvania
| Reading 30-yr. fixed Mortgage Rates | Reading 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.95% | 7.23% | 1.72 | Citibank | 7.00% | 7.14% | 0.25 |
| Bank of America | 6.61% | 6.76% | 0.81 | Bank of America | 7.35% | 7.61% | 1.86 |
| Wachovia | 6.32% | 6.43% | 0.52 | Wachovia | 7.64% | 7.67% | 0.09 |
| Wells Fargo | 6.41% | 6.49% | 0.24 | Wells Fargo | 9.31% | 9.38% | 0.26 |
| Chase | 6.31% | 6.39% | 0.08 | Chase | 7.75% | 7.80% | 0.14 |
| Fifth Third Bank | 6.40% | 6.47% | 0.36 | ||||
| Reading 15-yr. fixed Mortgage Rates | Reading 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.98% | 7.81% | 4.29 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.22% | 6.49% | 0.94 | Bank of America | 7.25% | 7.64% | 1.62 |
| Wachovia | 5.86% | 6.05% | 0.53 | Wachovia | 7.36% | 7.41% | 0.06 |
| Wells Fargo | 6.16% | 6.29% | 0.33 | Wells Fargo | 7.98% | 8.10% | 0.41 |
| Chase | 6.31% | 6.44% | 0.07 | Chase | 6.50% | 6.59% | 0.00 |
| Fifth Third Bank | 5.86% | 5.98% | 0.38 | ||||
| Reading 7/1 ARM Mortgage Rates | Reading 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 | 6.42% | 6.38% | 0.97 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 6.13% | 6.00% | 0.33 | Wachovia | 7.31% | 6.73% | 0.07 |
| Wells Fargo | 7.32% | 6.86% | 0.18 | Wells Fargo | 8.45% | 7.48% | 0.29 |
| Chase | 6.84% | 6.42% | 0.04 | Chase | 7.62% | 7.39% | 0.31 |
| Reading 5/1 ARM Mortgage Rates | Reading 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 | 6.52% | 6.18% | 0.90 | Bank of America | 8.14% | 6.63% | 1.05 |
| Wachovia | 6.33% | 6.07% | 0.08 | Wachovia | 7.14% | 6.67% | 0.06 |
| Wells Fargo | 7.06% | 6.59% | 0.23 | Wells Fargo | 7.81% | 6.84% | 0.32 |
| Chase | 6.79% | 6.27% | 0.03 | Chase | 7.76% | 6.66% | 0.00 |
| Fifth Third Bank | 6.20% | 5.99% | 0.28 | ||||
| Reading 3/1 ARM Mortgage Rates | Reading 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 | 6.25% | 6.22% | 0.93 | Bank of America | 6.88% | 7.60% | 0.08 |
| Wachovia | 5.88% | 5.80% | 0.27 | Wachovia | 6.91% | 6.50% | 0.06 |
| Wells Fargo | 6.38% | 7.44% | 0.12 | Wells Fargo | 6.75% | 7.52% | 0.12 |
| Chase | 6.75% | 7.37% | 0.00 | Chase | 6.75% | 7.41% | 0.00 |
| Fifth Third Bank | 5.78% | 5.82% | 0.25 | ||||
| Reading 1-yr. ARM Mortgage Rates | Reading 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 | Wachovia | 6.90% | 6.40% | 0.06 |
| Wachovia | 6.18% | 5.93% | 0.07 | 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 Reading, Pennsylvania
Bank of Pennsylvania, 50 North 5th Street, Reading Pennsylvania 19603Great Valley Savings Bank, 210 North Fifth Street, Reading Pennsylvania 19601
Great Valley Savings Bank, 210 North Fifth Street, Reading Pennsylvania 19601
Knoblauch State Bank, 501 Washington Street, Reading Pennsylvania 19601
Main Street Bank, 601 Penn Street, Reading Pennsylvania 19601
Meridian Bank, 35-43 North Sixth Street, Reading Pennsylvania 19603
New Home Savings and Loan Association, 15 N Sixth Street, Reading Pennsylvania 19603
The Reading Trust Company, 515 Penn Street, Reading Pennsylvania 19603
Credit Unions in Reading, Pennsylvania
Bachman Employees, 3 Spring Valley Road, Reading PA 19612-5053 (610) 929-6885Barta-berks Employees, 1049 Exeter Street, Reading PA 19604 (610) 921-9361
Berks Community, 1251 N. Front Street, Reading PA 19601 (610) 376-8217
Ctce, P.O. Box 13385, Reading PA 19612-3385 (610) 376-6639
Icc RDG. , Grace & Meade Street, Reading PA 19611 (610) 208-9300
Pagoda, 833 Washington Street, Reading PA 19601 (610) 373-3840
Reading Berks School Employees, P.O. Box 14803, Reading PA 19612-4803 (610) 921-1003
Reading Tube Employees, P.O. Box 14026, Reading PA 19612 (610) 926-0422
Riverfront, P.O. Box 8201, Reading PA 19603 (610) 374-8351
Mortgage Statistics for Reading, Pennsylvania
| Reading | Pennsylvania | USA | |
|---|---|---|---|
| Population: Population - The population of Reading, PA  |
190,787 | 12,280,267 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Reading mortgage. |
151,985 | 10,479,253 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Reading mortgage. |
11,687 | 1,212,587 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Reading mortgage. |
33,309 | 378,196 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Reading, PA, where you might buy a home. |
80,409 | 5,247,027 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Reading, where you might apply for a Reading mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Reading, PA |
$83,058 | $99,349 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Reading mortgage interest rates. |
$40,697 | $41,396 | $43,800 |