Current Mortgage Rates in Mckinney, Texas
Sunday, October 12, 2008
Current Mortgage Rates*
Loan Type Mckinney Average |
|
| 30-yr. fixed | 6.00% |
| 30-yr. fixed jumbo | 7.62% |
| 15-yr. fixed | 5.88% |
| 15-yr. fixed jumbo | 7.50% |
| 7/1 ARM | 6.25% |
| 7/1 ARM jumbo | 6.88% |
| 5/1 ARM | 6.00% |
| 5/1 ARM jumbo | 6.62% |
| 3/1 ARM | 5.75% |
| 3/1 ARM jumbo | 6.12% |
| 1-yr. ARM | 5.75% |
| 1-yr. ARM jumbo | 5.25% |
| 1-yr. LIBOR ARM | 6.12% |
*Mortgage Rates Updated: 10/07/2008
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Current Mortgage Rates in Mckinney, Texas
| Mckinney 30-yr. fixed Mortgage Rates | Mckinney 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.96% | 7.24% | 1.74 | Citibank | 7.00% | 7.14% | 0.25 |
| Bank of America | 6.61% | 6.76% | 0.80 | Bank of America | 7.32% | 7.58% | 1.83 |
| Wachovia | 6.24% | 6.36% | 0.71 | Wells Fargo | 9.31% | 9.38% | 0.26 |
| Wells Fargo | 6.41% | 6.49% | 0.24 | Chase | 7.75% | 7.80% | 0.14 |
| Chase | 6.31% | 6.39% | 0.08 | ||||
| Fifth Third Bank | 6.40% | 6.47% | 0.36 | ||||
| Mckinney 15-yr. fixed Mortgage Rates | Mckinney 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.98% | 7.82% | 4.32 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.25% | 6.52% | 0.96 | Bank of America | 7.22% | 7.62% | 1.63 |
| Wachovia | 5.73% | 5.97% | 0.81 | Wells Fargo | 7.98% | 8.10% | 0.41 |
| Wells Fargo | 6.16% | 6.29% | 0.33 | Chase | 6.50% | 6.59% | 0.00 |
| Chase | 6.31% | 6.44% | 0.07 | ||||
| Fifth Third Bank | 5.86% | 5.98% | 0.38 | ||||
| Mckinney 7/1 ARM Mortgage Rates | Mckinney 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 | 6.41% | 6.40% | 1.11 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 5.79% | 5.83% | 0.59 | Wells Fargo | 8.45% | 7.48% | 0.29 |
| Wells Fargo | 7.32% | 6.86% | 0.18 | Chase | 7.62% | 7.39% | 0.31 |
| Chase | 6.84% | 6.42% | 0.04 | ||||
| Mckinney 5/1 ARM Mortgage Rates | Mckinney 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 | 6.49% | 6.16% | 0.89 | Bank of America | 8.14% | 6.63% | 1.05 |
| Wells Fargo | 7.05% | 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 | ||||
| Mckinney 3/1 ARM Mortgage Rates | Mckinney 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 | 6.14% | 6.20% | 0.93 | Bank of America | 6.88% | 7.60% | 0.08 |
| Wachovia | 5.55% | 5.61% | 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 | 5.78% | 5.82% | 0.25 | ||||
| Mckinney 1-yr. ARM Mortgage Rates | Mckinney 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 | 7.44% | 6.29% | 1.59 | 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 Mckinney, Texas
Collin County National Bank, 2201 West University Drive, Mckinney Texas 75070First Bank, 1651 West University Drive, Mckinney Texas 75069
First State Bank of Mckinney, 1805 North Graves Street, Mckinney Texas 75069
Majestic Savings Association, 1902 West Virginia, Mckinney Texas 75069
Texas American Bank/mckinney, 1600 Redbud Boulevard, Mckinney Texas 75609
Mortgage Statistics for Mckinney, Texas
| Mckinney | Texas | USA | |
|---|---|---|---|
| Population: Population - The population of Mckinney, TX  |
62,984 | 20,844,253 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Mckinney mortgage. |
50,682 | 14,785,718 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Mckinney mortgage. |
3,959 | 2,404,407 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Mckinney mortgage. |
10,375 | 6,662,310 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Mckinney, TX, where you might buy a home. |
22,581 | 8,152,545 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Mckinney, where you might apply for a Mckinney mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Mckinney, TX |
$135,038 | $87,699 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Mckinney mortgage interest rates. |
$65,433 | $41,942 | $43,800 |