Current Mortgage Rates in South Padre Island, Texas
Thursday, December 04, 2008
Current Mortgage Rates*
Loan Type South Padre Island Average |
|
| 30-yr. fixed | 5.75% |
| 30-yr. fixed jumbo | 7.75% |
| 15-yr. fixed | 5.50% |
| 15-yr. fixed jumbo | 7.62% |
| 7/1 ARM | 6.38% |
| 7/1 ARM jumbo | 7.50% |
| 5/1 ARM | 6.00% |
| 5/1 ARM jumbo | 6.88% |
| 3/1 ARM | 6.00% |
| 3/1 ARM jumbo | 6.88% |
| 1-yr. ARM | 7.38% |
| 1-yr. ARM jumbo | 6.75% |
| 1-yr. LIBOR ARM | 6.25% |
*Mortgage Rates Updated: 12/01/2008
Get Current Mortgage Rates
From Top Lenders
Current Mortgage Rates in South Padre Island, Texas
| South Padre Island 30-yr. fixed Mortgage Rates | South Padre Island 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.58% | 6.80% | 1.38 | Citibank | 7.00% | 7.14% | 0.25 |
| Bank of America | 6.61% | 6.77% | 0.88 | Bank of America | 7.40% | 7.67% | 1.85 |
| Wachovia | 6.12% | 6.24% | 0.67 | Wells Fargo | 9.38% | 9.48% | 0.68 |
| Wells Fargo | 6.13% | 6.23% | 0.73 | Chase | 7.89% | 8.03% | 1.08 |
| Chase | 6.11% | 6.27% | 0.94 | ||||
| Fifth Third Bank | 6.28% | 6.35% | 0.35 | ||||
| South Padre Island 15-yr. fixed Mortgage Rates | South Padre Island 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.25% | 6.69% | 2.17 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.19% | 6.48% | 1.10 | Bank of America | 7.34% | 7.74% | 1.65 |
| Wachovia | 5.71% | 5.93% | 0.78 | Wells Fargo | 8.37% | 8.52% | 0.62 |
| Wells Fargo | 6.01% | 6.17% | 0.58 | Chase | 8.33% | 8.58% | 1.13 |
| Chase | 5.91% | 6.17% | 0.90 | ||||
| Fifth Third Bank | 5.81% | 5.92% | 0.35 | ||||
| South Padre Island 7/1 ARM Mortgage Rates | South Padre Island 7/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.64% | 6.10% | 0.96 | Citibank | 7.00% | 7.46% | 0.00 |
| Bank of America | 6.70% | 6.41% | 1.30 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 6.04% | 6.07% | 0.44 | Wells Fargo | 8.38% | 7.11% | 0.76 |
| Wells Fargo | 6.57% | 6.43% | 0.76 | Chase | 8.31% | 6.79% | 1.11 |
| Chase | 6.63% | 6.24% | 0.93 | ||||
| South Padre Island 5/1 ARM Mortgage Rates | South Padre Island 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 | 6.51% | 6.15% | 1.05 | Bank of America | 8.14% | 6.63% | 1.05 |
| Wells Fargo | 6.45% | 6.36% | 0.76 | Wells Fargo | 7.31% | 6.58% | 0.77 |
| Chase | 6.35% | 6.07% | 0.88 | Chase | 7.08% | 6.28% | 0.89 |
| Fifth Third Bank | 6.22% | 5.97% | 0.30 | ||||
| South Padre Island 3/1 ARM Mortgage Rates | South Padre Island 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% | 6.09% | 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 | 6.94% | 6.38% | 0.91 | Chase | 7.30% | 6.01% | 1.01 |
| Chase | 5.88% | 5.80% | 1.03 | ||||
| Fifth Third Bank | 5.99% | 5.82% | 0.26 | ||||
| South Padre Island 1-yr. ARM Mortgage Rates | South Padre Island 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% | 1.04 |
| Chase | 5.76% | 5.77% | 0.98 | ||||
Banks in South Padre Island, Texas
First National Bank of South Padre Island, 709 Park Road 100, South Padre Island Texas 78597Island Bank, 500 Padre Boulevard, South Padre Island Texas 78578
Mortgage Statistics for South Padre Island, Texas
| South Padre Island | Texas | USA | |
|---|---|---|---|
| Population: Population - The population of South Padre Island, TX  |
2,836 | 20,844,253 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a South Padre Island mortgage. |
2,697 | 14,785,718 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a South Padre Island mortgage. |
17 | 2,404,407 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a South Padre Island mortgage. |
609 | 6,662,310 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in South Padre Island, TX, where you might buy a home. |
5,749 | 8,152,545 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in South Padre Island, where you might apply for a South Padre Island mortgage. |
0 | 2 | 2 |
| Average House Value: Average House Value - The average house value in South Padre Island, TX |
$141,300 | $87,699 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare South Padre Island mortgage interest rates. |
$41,794 | $41,942 | $43,800 |