Current Mortgage Rates in Cumberland, Rhode Island

Thursday, October 16, 2008



Current Mortgage Rates*

Loan Type
Cumberland Average
30-yr. fixed6.38%
30-yr. fixed jumbo8.00%
15-yr. fixed6.38%
15-yr. fixed jumbo8.00%
7/1 ARM6.88%
7/1 ARM jumbo8.50%
5/1 ARM6.50%
5/1 ARM jumbo7.25%
3/1 ARM6.38%
1-yr. LIBOR ARM6.38%
10-yr. fixed5.88%
10/1 ARM8.50%
20-yr. fixed6.62%
*Mortgage Rates Updated: 10/14/2008

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Current Mortgage Rates in Cumberland, Rhode Island

Cumberland 30-yr. fixed Mortgage Rates Cumberland 30-yr. fixed jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank7.69%8.24%4.32Citibank7.38%7.47%0.19
Bank of America6.61%6.76%0.82Bank of America7.35%7.61%1.75
Wachovia6.22%6.36%0.73Wells Fargo9.32%9.38%0.23
Wells Fargo6.44%6.52%0.23Chase7.72%7.77%0.18
Chase6.35%6.43%0.17 
Cumberland 15-yr. fixed Mortgage Rates Cumberland 15-yr. fixed jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank7.35%8.54%6.47Citibank6.75%6.89%0.00
Bank of America6.21%6.48%0.97Bank of America7.22%7.60%1.52
Wachovia5.73%6.00%0.84Wells Fargo8.04%8.16%0.40
Wells Fargo6.17%6.30%0.32Chase6.75%6.82%0.06
Chase6.34%6.48%0.16 
Cumberland 7/1 ARM Mortgage Rates Cumberland 7/1 ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.69%7.15%0.19Citibank7.06%7.32%0.00
Bank of America6.40%6.42%0.98Bank of America6.88%7.36%0.48
Wachovia5.86%5.91%0.55Wells Fargo8.60%7.59%0.26
Wells Fargo7.27%6.85%0.16Chase8.04%7.45%0.57
Chase6.80%6.47%0.15 
Cumberland 5/1 ARM Mortgage Rates Cumberland 5/1 ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.56%7.18%0.06Citibank7.06%7.36%0.00
Bank of America6.43%6.19%0.89Bank of America8.07%6.65%1.05
Wells Fargo7.01%6.65%0.23Wells Fargo7.86%6.91%0.32
Chase6.68%6.32%0.14Chase7.64%6.70%0.10
Cumberland 3/1 ARM Mortgage Rates Cumberland 3/1 ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.69%7.33%0.00Citibank7.38%7.50%0.00
Bank of America6.05%6.25%0.93Bank of America6.94%7.48%0.58
Wachovia5.59%5.66%0.44Wells Fargo7.50%7.30%0.19
Wells Fargo6.94%7.20%0.12Chase6.94%7.40%0.12
Chase6.81%7.35%0.00 
Cumberland 1-yr. ARM Mortgage Rates Cumberland 1-yr. ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.75%7.76%0.00Citibank7.00%7.90%0.00
Bank of America7.42%6.20%1.53Wells Fargo7.25%7.74%0.12
Wells Fargo7.25%7.78%0.12Chase7.12%7.62%0.00
Chase6.12%7.53%0.12 

Mortgage Statistics for Cumberland, Rhode Island

  Cumberland Rhode Island USA
Population:
Population - The population of Cumberland, RI
31,840 1,048,319 284,881,454
White Population:
White Population - The number of white people living in where you might apply for a Cumberland mortgage.
30,803 891,191 210,951,199
Black Population:
Black Population - The number of black people living in where you might apply for a Cumberland mortgage.
180 46,908 33,966,477
Hispanic Population:
Hispanic Population - The number of hispanic people living in where you might apply for a Cumberland mortgage.
667 90,820 34,671,551
HouseHolds:
HouseHolds - The total number of households in Cumberland, RI, where you might buy a home.
12,572 439,837 117,153,924
Person per Household:
Person per Household - The average number of people in a household in Cumberland, where you might apply for a Cumberland mortgage.
2 2 2
Average House Value:
Average House Value - The average house value in Cumberland, RI
$143,300 $133,919 $132,188
Income per Household:
Income per Household - The household income where you might compare Cumberland mortgage interest rates.
$54,656 $43,238 $43,800

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