Current Mortgage Rates in Selmer, Tennessee
Thursday, December 04, 2008
Current Mortgage Rates*
Loan Type Selmer Average |
|
| 30-yr. fixed | 5.62% |
| 30-yr. fixed jumbo | 7.62% |
| 15-yr. fixed | 5.25% |
| 15-yr. fixed jumbo | 7.25% |
| 7/1 ARM | 6.12% |
| 7/1 ARM jumbo | 6.75% |
| 5/1 ARM | 5.88% |
| 5/1 ARM jumbo | 6.25% |
| 3/1 ARM | 6.00% |
| 3/1 ARM jumbo | 6.75% |
| 1-yr. ARM | 6.50% |
| 1-yr. ARM jumbo | 6.00% |
| 1-yr. LIBOR ARM | 6.25% |
*Mortgage Rates Updated: 12/04/2008
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Current Mortgage Rates in Selmer, Tennessee
| Selmer 30-yr. fixed Mortgage Rates | Selmer 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.61% | 6.83% | 1.50 | Citibank | 7.38% | 7.47% | 0.19 |
| Bank of America | 6.61% | 6.77% | 0.93 | Bank of America | 7.54% | 7.80% | 1.86 |
| Wachovia | 6.10% | 6.23% | 0.66 | Wells Fargo | 9.31% | 9.41% | 0.68 |
| Wells Fargo | 6.09% | 6.20% | 0.73 | Chase | 7.87% | 8.02% | 1.08 |
| Chase | 6.07% | 6.23% | 0.94 | ||||
| Fifth Third Bank | 6.28% | 6.34% | 0.35 | ||||
| Selmer 15-yr. fixed Mortgage Rates | Selmer 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.33% | 6.85% | 2.60 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.15% | 6.44% | 1.10 | Bank of America | 7.30% | 7.68% | 1.52 |
| Wachovia | 5.69% | 5.94% | 0.78 | Wells Fargo | 8.35% | 8.49% | 0.63 |
| Wells Fargo | 5.98% | 6.14% | 0.59 | Chase | 8.32% | 8.57% | 1.12 |
| Chase | 5.89% | 6.14% | 0.91 | ||||
| Fifth Third Bank | 5.80% | 5.91% | 0.35 | ||||
| Selmer 7/1 ARM Mortgage Rates | Selmer 7/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.63% | 6.10% | 0.96 | Citibank | 7.06% | 7.32% | 0.00 |
| Bank of America | 6.79% | 6.44% | 1.30 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 6.04% | 6.07% | 0.44 | Wells Fargo | 8.31% | 7.08% | 0.76 |
| Wells Fargo | 6.54% | 6.42% | 0.77 | Chase | 8.27% | 6.77% | 1.10 |
| Chase | 6.62% | 6.23% | 0.94 | ||||
| Selmer 5/1 ARM Mortgage Rates | Selmer 5/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.37% | 5.95% | 1.00 | Citibank | 7.06% | 7.36% | 0.00 |
| Bank of America | 6.51% | 6.14% | 1.06 | Bank of America | 8.07% | 6.65% | 1.05 |
| Wells Fargo | 6.40% | 6.34% | 0.77 | Wells Fargo | 7.25% | 6.57% | 0.78 |
| Chase | 6.33% | 6.06% | 0.89 | Chase | 7.06% | 6.27% | 0.89 |
| Fifth Third Bank | 6.22% | 5.97% | 0.30 | ||||
| Selmer 3/1 ARM Mortgage Rates | Selmer 3/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.13% | 5.84% | 0.90 | Citibank | 7.38% | 7.50% | 0.00 |
| Bank of America | 6.53% | 6.10% | 1.12 | Bank of America | 6.94% | 7.48% | 0.58 |
| Wachovia | 5.75% | 5.79% | 0.34 | Wells Fargo | 7.50% | 7.30% | 0.19 |
| Wells Fargo | 6.90% | 6.37% | 0.90 | Chase | 7.30% | 6.02% | 1.01 |
| Chase | 5.90% | 5.82% | 1.02 | ||||
| Fifth Third Bank | 5.99% | 5.82% | 0.26 | ||||
| Selmer 1-yr. ARM Mortgage Rates | Selmer 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 | Wells Fargo | 7.25% | 7.74% | 0.12 |
| Wells Fargo | 7.25% | 7.78% | 0.12 | Chase | 6.71% | 5.81% | 1.05 |
| Chase | 5.78% | 5.77% | 0.98 | ||||
| Selmer 10-yr. fixed Mortgage Rates | Selmer 10/1 ARM Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Wachovia | 5.66% | 6.00% | 0.69 | Wachovia | 6.06% | 6.06% | 0.52 |
Banks in Selmer, Tennessee
Community Bank of West Tennessee, 795 East Poplar Avenue, Selmer Tennessee 38375First National Bank of Selmer, 515 East Mulberry Avenue, Selmer Tennessee 38375
Home Banking Company, 795 Poplar Avenue, Selmer Tennessee 38375
Selmer Bank & Trust Company, 114-118 South Third Street, Selmer Tennessee 38375
Mortgage Statistics for Selmer, Tennessee
| Selmer | Tennessee | USA | |
|---|---|---|---|
| Population: Population - The population of Selmer, TN  |
8,924 | 5,681,673 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Selmer mortgage. |
7,777 | 4,527,914 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Selmer mortgage. |
962 | 921,219 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Selmer mortgage. |
95 | 122,798 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Selmer, TN, where you might buy a home. |
4,023 | 2,437,565 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Selmer, where you might apply for a Selmer mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Selmer, TN |
$57,700 | $93,711 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Selmer mortgage interest rates. |
$29,144 | $37,678 | $43,800 |