Current Mortgage Rates in Mcallen, Texas
Sunday, September 07, 2008
Current Mortgage Rates*
Loan Type Mcallen Average |
|
| 30-yr. fixed | 6.25% |
| 30-yr. fixed jumbo | 6.88% |
| 15-yr. fixed | 5.75% |
| 15-yr. fixed jumbo | 6.38% |
| 7/1 ARM | 6.00% |
| 7/1 ARM jumbo | 6.50% |
| 5/1 ARM | 5.75% |
| 5/1 ARM jumbo | 6.25% |
| 3/1 ARM | 5.50% |
| 3/1 ARM jumbo | 6.25% |
| 1-yr. ARM | 4.62% |
| 1-yr. ARM jumbo | 4.62% |
| 1-yr. LIBOR ARM | 5.38% |
*Mortgage Rates Updated: 09/04/2008
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From Top Lenders
Current Mortgage Rates in Mcallen, Texas
| Mcallen 30-yr. fixed Mortgage Rates | Mcallen 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.08% | 7.40% | 2.08 | Citibank | 7.00% | 7.14% | 0.25 |
| Bank of America | 6.80% | 6.94% | 0.72 | Bank of America | 7.00% | 7.10% | 0.08 |
| Wachovia | 6.31% | 6.43% | 0.75 | Wells Fargo | 7.12% | 7.19% | 0.12 |
| Wells Fargo | 6.75% | 6.99% | 0.25 | Chase | 6.88% | 6.94% | 0.25 |
| Chase | 6.75% | 6.84% | 0.25 | ||||
| Fifth Third Bank | 6.50% | 6.56% | 0.34 | ||||
| Mcallen 15-yr. fixed Mortgage Rates | Mcallen 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.15% | 8.18% | 5.52 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.25% | 6.49% | 0.81 | Bank of America | 7.25% | 7.39% | 0.00 |
| Wachovia | 5.76% | 6.00% | 0.87 | Wells Fargo | 7.83% | 7.96% | 0.44 |
| Wells Fargo | 6.21% | 6.34% | 0.33 | Chase | 6.50% | 6.59% | 0.00 |
| Chase | 6.38% | 6.48% | 0.12 | ||||
| Fifth Third Bank | 5.95% | 6.06% | 0.38 | ||||
| Mcallen 7/1 ARM Mortgage Rates | Mcallen 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 | 6.62% | 7.29% | 0.03 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 5.69% | 5.74% | 0.64 | Wells Fargo | 6.62% | 7.22% | 0.38 |
| Wells Fargo | 6.50% | 7.27% | 0.25 | Chase | 6.62% | 7.15% | 0.12 |
| Chase | 6.62% | 7.11% | 0.00 | ||||
| Mcallen 5/1 ARM Mortgage Rates | Mcallen 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 | 6.66% | 6.12% | 0.82 | Bank of America | 8.14% | 6.63% | 1.05 |
| Wells Fargo | 6.38% | 7.27% | 0.38 | Wells Fargo | 6.38% | 7.24% | 0.25 |
| Chase | 6.50% | 7.18% | 0.00 | Chase | 6.75% | 7.32% | 0.00 |
| Fifth Third Bank | 6.17% | 5.92% | 0.30 | ||||
| Mcallen 3/1 ARM Mortgage Rates | Mcallen 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 | 6.50% | 7.54% | 0.17 | Bank of America | 6.88% | 7.60% | 0.08 |
| Wachovia | 5.50% | 5.57% | 0.48 | Wells Fargo | 6.75% | 7.52% | 0.12 |
| Wells Fargo | 6.38% | 7.44% | 0.12 | Chase | 6.75% | 7.41% | 0.00 |
| Chase | 6.75% | 7.37% | 0.00 | ||||
| Fifth Third Bank | 5.72% | 5.72% | 0.26 | ||||
| Mcallen 1-yr. ARM Mortgage Rates | Mcallen 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 | 6.88% | 7.66% | 0.04 | 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 Mcallen, Texas
Inter National Bank, 1801 South Col Rowe Blvd, Mcallen Texas 78503Mcallen National Bank, 1801 South Second Street, Mcallen Texas 78502
Mcallen State Bank, 200 South Tenth Street, Mcallen Texas 78501
Metropolitan National Bank, One North Jackson Road, Mcallen Texas 78501
Rio Bank, 1655 North 23rd Street, Mcallen Texas 78502
Texas Commerce Bank - Rio Grande Valley, 1701 West Business Highway 83, Mcallen Texas 78502
Texas State Bank, 3900 North Tenth Street, Mcallen Texas 78501
The Valley National Bank, 2400 North Tenth Street, Mcallen Texas 78501
Valley Federal Savings and Loan Association, #1 South Broadway, Mcallen Texas 78502
Valley Federal Savings Association, #1 South Broadway, Mcallen Texas 78502
Credit Unions in Mcallen, Texas
Highway District 21, P.O. Box 4402, Mcallen TX 78502 (956) 787-2701Mortgage Statistics for Mcallen, Texas
| Mcallen | Texas | USA | |
|---|---|---|---|
| Population: Population - The population of Mcallen, TX  |
108,661 | 20,844,253 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Mcallen mortgage. |
85,241 | 14,785,718 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Mcallen mortgage. |
655 | 2,404,407 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Mcallen mortgage. |
86,933 | 6,662,310 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Mcallen, TX, where you might buy a home. |
39,038 | 8,152,545 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Mcallen, where you might apply for a Mcallen mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Mcallen, TX |
$68,694 | $87,699 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Mcallen mortgage interest rates. |
$35,033 | $41,942 | $43,800 |