Current Mortgage Rates in Chesapeake, Virginia
Tuesday, October 07, 2008
Current Mortgage Rates*
Loan Type Chesapeake Average |
|
| 30-yr. fixed | 6.12% |
| 30-yr. fixed jumbo | 7.62% |
| 15-yr. fixed | 5.88% |
| 15-yr. fixed jumbo | 7.25% |
| 7/1 ARM | 6.38% |
| 7/1 ARM jumbo | 7.00% |
| 5/1 ARM | 6.25% |
| 5/1 ARM jumbo | 6.88% |
| 3/1 ARM | 6.00% |
| 3/1 ARM jumbo | 6.25% |
| 1-yr. ARM | 5.75% |
| 1-yr. ARM jumbo | 5.88% |
| 1-yr. LIBOR ARM | 6.25% |
*Mortgage Rates Updated: 10/06/2008
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Current Mortgage Rates in Chesapeake, Virginia
| Chesapeake 30-yr. fixed Mortgage Rates | Chesapeake 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.41% | 7.86% | 3.35 | Bank of America | 7.36% | 7.63% | 1.90 |
| Bank of America | 6.61% | 6.76% | 0.80 | Wachovia | 7.75% | 7.77% | 0.06 |
| Wachovia | 6.29% | 6.42% | 0.63 | Wells Fargo | 9.41% | 9.48% | 0.28 |
| Wells Fargo | 6.41% | 6.48% | 0.24 | Chase | 7.80% | 7.85% | 0.15 |
| Chase | 6.30% | 6.38% | 0.07 | ||||
| Fifth Third Bank | 6.41% | 6.48% | 0.36 | ||||
| Chesapeake 15-yr. fixed Mortgage Rates | Chesapeake 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.27% | 8.39% | 6.02 | Bank of America | 7.22% | 7.62% | 1.61 |
| Bank of America | 6.24% | 6.50% | 0.95 | Wachovia | 7.49% | 7.53% | 0.07 |
| Wachovia | 5.81% | 6.04% | 0.68 | Wells Fargo | 7.99% | 8.11% | 0.42 |
| Wells Fargo | 6.16% | 6.29% | 0.33 | Chase | 6.50% | 6.59% | 0.00 |
| Chase | 6.32% | 6.45% | 0.07 | ||||
| Fifth Third Bank | 5.87% | 5.98% | 0.38 | ||||
| Chesapeake 7/1 ARM Mortgage Rates | Chesapeake 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 | 6.48% | 6.40% | 0.98 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 5.96% | 5.92% | 0.47 | Wachovia | 7.37% | 6.78% | 0.06 |
| Wells Fargo | 7.34% | 6.87% | 0.18 | Wells Fargo | 8.44% | 7.47% | 0.30 |
| Chase | 6.85% | 6.41% | 0.04 | Chase | 6.62% | 7.15% | 0.12 |
| Chesapeake 5/1 ARM Mortgage Rates | Chesapeake 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 | 6.44% | 6.14% | 0.88 | Bank of America | 8.14% | 6.63% | 1.05 |
| Wachovia | 6.45% | 6.11% | 0.05 | Wachovia | 7.47% | 7.33% | 0.07 |
| Wells Fargo | 7.07% | 6.58% | 0.24 | Wells Fargo | 7.81% | 6.83% | 0.34 |
| Chase | 6.82% | 6.27% | 0.02 | Chase | 7.78% | 6.66% | 0.00 |
| Fifth Third Bank | 6.21% | 5.98% | 0.28 | ||||
| Chesapeake 3/1 ARM Mortgage Rates | Chesapeake 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 | 6.12% | 6.18% | 0.93 | Bank of America | 6.88% | 7.60% | 0.08 |
| Wachovia | 5.74% | 5.71% | 0.37 | Wachovia | 7.01% | 6.48% | 0.06 |
| Wells Fargo | 6.38% | 7.44% | 0.12 | Wells Fargo | 6.75% | 7.52% | 0.12 |
| Chase | 6.75% | 7.37% | 0.00 | Chase | 6.75% | 7.41% | 0.00 |
| Fifth Third Bank | 5.78% | 5.81% | 0.25 | ||||
| Chesapeake 1-yr. ARM Mortgage Rates | Chesapeake 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 | 7.42% | 6.20% | 1.53 | Wachovia | 6.90% | 6.41% | 0.07 |
| Wachovia | 6.23% | 5.97% | 0.07 | 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 Chesapeake, Virginia
Bank of Hampton Roads, 201 Volvo Parkway, Chesapeake Virginia 23320First & Merchants National Bank of Tidewater, 205 Battlefield Boulevard, South, Chesapeake Virginia 23320
Jefferson National Bank/tidewater, 672 Battlefield Boulevard, North, Chesapeake Virginia 23320
Monarch Bank, 750 Volvo Parkway, Chesapeake Virginia 23320
People's Bank of Chesapeake, 320 South Highway 168, Chesapeake Virginia 23320
Credit Unions in Chesapeake, Virginia
Chesapeake City Employees Credit Union, 401 Albemarle DR. Suite 102, Chesapeake VA 23322 (757) 382-6569Chesapeake Public School Employees Credit Union, 544 Battlefield BLVD. SO. , Chesapeake VA 23322 (757) 482-4421
Ibew Local Union 80, 828 Providence Road, Chesapeake VA 23325 (757) 480-1767
N A E, 3701 Indian River Road, Chesapeake VA 23320 (757) 410-2000
Mortgage Statistics for Chesapeake, Virginia
| Chesapeake | Virginia | USA | |
|---|---|---|---|
| Population: Population - The population of Chesapeake, VA  |
199,184 | 7,077,776 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Chesapeake mortgage. |
133,193 | 5,119,435 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Chesapeake mortgage. |
56,823 | 1,390,241 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Chesapeake mortgage. |
4,076 | 329,530 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Chesapeake, VA, where you might buy a home. |
72,672 | 2,903,809 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Chesapeake, where you might apply for a Chesapeake mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Chesapeake, VA |
$116,254 | $129,931 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Chesapeake mortgage interest rates. |
$51,007 | $49,314 | $43,800 |