Current Mortgage Rates in Burke, Virginia

Sunday, October 12, 2008



Current Mortgage Rates*

Loan Type
Burke Average
30-yr. fixed6.12%
30-yr. fixed jumbo7.75%
15-yr. fixed5.88%
15-yr. fixed jumbo7.25%
7/1 ARM6.25%
7/1 ARM jumbo7.00%
5/1 ARM6.00%
5/1 ARM jumbo6.75%
3/1 ARM5.88%
3/1 ARM jumbo6.38%
1-yr. ARM5.75%
1-yr. ARM jumbo5.88%
1-yr. LIBOR ARM6.12%
*Mortgage Rates Updated: 10/07/2008

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Current Mortgage Rates in Burke, Virginia

Burke 30-yr. fixed Mortgage Rates Burke 30-yr. fixed jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank7.40%7.86%3.33Bank of America7.36%7.63%1.91
Bank of America6.60%6.75%0.80Wachovia7.75%7.77%0.06
Wachovia6.29%6.41%0.62Wells Fargo9.43%9.49%0.27
Wells Fargo6.39%6.47%0.24Chase7.80%7.84%0.14
Chase6.29%6.37%0.07 
Fifth Third Bank6.40%6.47%0.36 
Burke 15-yr. fixed Mortgage Rates Burke 15-yr. fixed jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank7.27%8.39%6.01Bank of America7.23%7.63%1.62
Bank of America6.23%6.50%0.95Wachovia7.49%7.53%0.07
Wachovia5.81%6.04%0.68Wells Fargo7.99%8.11%0.41
Wells Fargo6.16%6.29%0.33Chase6.50%6.59%0.00
Chase6.31%6.44%0.07 
Fifth Third Bank5.86%5.98%0.38 
Burke 7/1 ARM Mortgage Rates Burke 7/1 ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.50%7.21%0.25Citibank7.00%7.46%0.00
Bank of America6.46%6.40%0.98Bank of America6.88%7.36%0.48
Wachovia5.97%5.92%0.46Wachovia7.37%6.78%0.06
Wells Fargo7.32%6.86%0.18Wells Fargo8.45%7.48%0.29
Chase6.84%6.42%0.04Chase7.62%7.39%0.31
Burke 5/1 ARM Mortgage Rates Burke 5/1 ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.38%7.29%0.12Citibank6.88%7.47%0.00
Bank of America6.43%6.14%0.88Bank of America8.14%6.63%1.05
Wachovia6.46%6.11%0.05Wachovia7.47%7.32%0.07
Wells Fargo7.06%6.59%0.23Wells Fargo7.81%6.84%0.32
Chase6.79%6.27%0.03Chase7.76%6.66%0.00
Fifth Third Bank6.20%5.99%0.28 
Burke 3/1 ARM Mortgage Rates Burke 3/1 ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.62%7.51%0.00Citibank7.00%7.62%0.00
Bank of America6.10%6.19%0.93Bank of America6.88%7.60%0.08
Wachovia5.75%5.72%0.37Wachovia7.00%6.48%0.06
Wells Fargo6.38%7.44%0.12Wells Fargo6.75%7.52%0.12
Chase6.75%7.37%0.00Chase6.75%7.41%0.00
Fifth Third Bank5.78%5.82%0.25 
Burke 1-yr. ARM Mortgage Rates Burke 1-yr. ARM jumbo Mortgage Rates
Base RateAPYPoints Base RateAPYPoints
Citibank6.75%7.76%0.00Citibank7.00%7.90%0.00
Bank of America7.42%6.20%1.53Wachovia6.90%6.41%0.07
Wachovia6.23%5.97%0.07Wells Fargo7.25%7.74%0.12
Wells Fargo7.25%7.78%0.12Chase7.12%7.62%0.00
Chase6.12%7.53%0.12 

Mortgage Statistics for Burke, Virginia

  Burke Virginia USA
Population:
Population - The population of Burke, VA
 42,938 7,077,776 284,881,454
White Population:
White Population - The number of white people living in where you might apply for a Burke mortgage.
 31,299 5,119,435 210,951,199
Black Population:
Black Population - The number of black people living in where you might apply for a Burke mortgage.
 2,111 1,390,241 33,966,477
Hispanic Population:
Hispanic Population - The number of hispanic people living in where you might apply for a Burke mortgage.
 3,593 329,530 34,671,551
HouseHolds:
HouseHolds - The total number of households in Burke, VA, where you might buy a home.
 14,542 2,903,809 117,153,924
Person per Household:
Person per Household - The average number of people in a household in Burke, where you might apply for a Burke mortgage.
 2 2 2
Average House Value:
Average House Value - The average house value in Burke, VA
 $210,500 $129,931 $132,188
Income per Household:
Income per Household - The household income where you might compare Burke mortgage interest rates.
 $91,652 $49,314 $43,800

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