Current Mortgage Rates in Richmond, Texas
Thursday, December 04, 2008
Current Mortgage Rates*
Loan Type Richmond Average |
|
| 30-yr. fixed | 5.62% |
| 30-yr. fixed jumbo | 7.50% |
| 15-yr. fixed | 5.38% |
| 15-yr. fixed jumbo | 7.62% |
| 7/1 ARM | 6.12% |
| 7/1 ARM jumbo | 7.12% |
| 5/1 ARM | 5.88% |
| 5/1 ARM jumbo | 6.50% |
| 3/1 ARM | 6.00% |
| 3/1 ARM jumbo | 6.75% |
| 1-yr. ARM | 7.38% |
| 1-yr. ARM jumbo | 6.75% |
| 1-yr. LIBOR ARM | 6.12% |
*Mortgage Rates Updated: 12/04/2008
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Current Mortgage Rates in Richmond, Texas
| Richmond 30-yr. fixed Mortgage Rates | Richmond 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.56% | 6.77% | 1.37 | Citibank | 7.00% | 7.14% | 0.25 |
| Bank of America | 6.60% | 6.75% | 0.88 | Bank of America | 7.42% | 7.69% | 1.87 |
| Wachovia | 6.10% | 6.21% | 0.65 | Wells Fargo | 9.33% | 9.43% | 0.68 |
| Wells Fargo | 6.09% | 6.19% | 0.74 | Chase | 7.88% | 8.03% | 1.08 |
| Chase | 6.07% | 6.23% | 0.94 | ||||
| Fifth Third Bank | 6.28% | 6.34% | 0.35 | ||||
| Richmond 15-yr. fixed Mortgage Rates | Richmond 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.22% | 6.66% | 2.14 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.17% | 6.47% | 1.10 | Bank of America | 7.34% | 7.74% | 1.65 |
| Wachovia | 5.69% | 5.92% | 0.78 | Wells Fargo | 8.35% | 8.50% | 0.63 |
| Wells Fargo | 5.98% | 6.14% | 0.59 | Chase | 8.33% | 8.58% | 1.13 |
| Chase | 5.88% | 6.14% | 0.91 | ||||
| Fifth Third Bank | 5.80% | 5.91% | 0.35 | ||||
| Richmond 7/1 ARM Mortgage Rates | Richmond 7/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.63% | 6.09% | 0.96 | Citibank | 7.00% | 7.46% | 0.00 |
| Bank of America | 6.68% | 6.39% | 1.31 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 6.04% | 6.06% | 0.44 | Wells Fargo | 8.31% | 7.08% | 0.76 |
| Wells Fargo | 6.54% | 6.42% | 0.77 | Chase | 8.28% | 6.77% | 1.11 |
| Chase | 6.62% | 6.23% | 0.94 | ||||
| Richmond 5/1 ARM Mortgage Rates | Richmond 5/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.37% | 5.94% | 1.01 | Citibank | 6.88% | 7.47% | 0.00 |
| Bank of America | 6.50% | 6.14% | 1.06 | Bank of America | 8.14% | 6.63% | 1.05 |
| Wells Fargo | 6.41% | 6.34% | 0.77 | Wells Fargo | 7.25% | 6.56% | 0.78 |
| Chase | 6.34% | 6.06% | 0.89 | Chase | 7.06% | 6.27% | 0.90 |
| Fifth Third Bank | 6.22% | 5.97% | 0.30 | ||||
| Richmond 3/1 ARM Mortgage Rates | Richmond 3/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.12% | 5.83% | 0.91 | Citibank | 7.00% | 7.62% | 0.00 |
| Bank of America | 6.49% | 6.08% | 1.10 | Bank of America | 6.88% | 7.60% | 0.08 |
| Wachovia | 5.75% | 5.79% | 0.34 | Wells Fargo | 6.75% | 7.52% | 0.12 |
| Wells Fargo | 6.90% | 6.37% | 0.91 | Chase | 7.30% | 6.01% | 1.02 |
| Chase | 5.90% | 5.80% | 1.03 | ||||
| Fifth Third Bank | 5.99% | 5.82% | 0.26 | ||||
| Richmond 1-yr. ARM Mortgage Rates | Richmond 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 | 7.78% | 6.25% | 1.80 | 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 | ||||
| Richmond 10-yr. fixed Mortgage Rates | Richmond 10/1 ARM Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Wachovia | 5.66% | 5.97% | 0.69 | Wachovia | 6.06% | 6.06% | 0.52 |
Banks in Richmond, Texas
First City National Bank of Richmond, 700 Jackson Street, Richmond Texas 77469First Republicbank Richmond, 1100 Jackson Street, Richmond Texas 77469
Gulf Coast Savings Association, 1202 Jackson St, Richmond Texas 77469
Mortgage Statistics for Richmond, Texas
| Richmond | Texas | USA | |
|---|---|---|---|
| Population: Population - The population of Richmond, TX  |
44,646 | 20,844,253 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Richmond mortgage. |
30,642 | 14,785,718 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Richmond mortgage. |
5,481 | 2,404,407 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Richmond mortgage. |
13,393 | 6,662,310 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Richmond, TX, where you might buy a home. |
13,997 | 8,152,545 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Richmond, where you might apply for a Richmond mortgage. |
3 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Richmond, TX |
$112,600 | $87,699 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Richmond mortgage interest rates. |
$59,318 | $41,942 | $43,800 |