Current Mortgage Rates in South Boston, Virginia
Wednesday, December 03, 2008
Current Mortgage Rates*
Loan Type South Boston 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 | 6.50% |
| 7/1 ARM jumbo | 7.12% |
| 5/1 ARM | 5.88% |
| 5/1 ARM jumbo | 6.62% |
| 3/1 ARM | 5.88% |
| 3/1 ARM jumbo | 7.00% |
| 1-yr. ARM | 6.88% |
| 1-yr. ARM jumbo | 6.75% |
| 1-yr. LIBOR ARM | 6.25% |
*Mortgage Rates Updated: 11/30/2008
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Current Mortgage Rates in South Boston, Virginia
| South Boston 30-yr. fixed Mortgage Rates | South Boston 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.96% | 7.30% | 2.51 | Bank of America | 7.40% | 7.67% | 1.92 |
| Bank of America | 6.63% | 6.79% | 0.92 | Wachovia | 7.82% | 7.85% | 0.05 |
| Wachovia | 6.19% | 6.31% | 0.59 | Wells Fargo | 9.39% | 9.49% | 0.68 |
| Wells Fargo | 6.12% | 6.23% | 0.73 | Chase | 7.89% | 8.04% | 1.08 |
| Chase | 6.10% | 6.26% | 0.94 | ||||
| Fifth Third Bank | 6.28% | 6.35% | 0.35 | ||||
| South Boston 15-yr. fixed Mortgage Rates | South Boston 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.63% | 7.35% | 3.78 | Bank of America | 7.28% | 7.68% | 1.60 |
| Bank of America | 6.17% | 6.47% | 1.10 | Wachovia | 7.46% | 7.50% | 0.06 |
| Wachovia | 5.77% | 6.01% | 0.67 | Wells Fargo | 8.38% | 8.52% | 0.62 |
| Wells Fargo | 6.00% | 6.16% | 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 Boston 7/1 ARM Mortgage Rates | South Boston 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 | 6.82% | 6.47% | 1.25 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 6.20% | 6.11% | 0.36 | Wachovia | 7.40% | 6.76% | 0.07 |
| Wells Fargo | 6.57% | 6.43% | 0.76 | Wells Fargo | 8.38% | 7.11% | 0.76 |
| Chase | 6.63% | 6.24% | 0.93 | Chase | 8.31% | 6.79% | 1.11 |
| South Boston 5/1 ARM Mortgage Rates | South Boston 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% | 1.05 | Bank of America | 8.14% | 6.63% | 1.05 |
| Wachovia | 6.67% | 6.11% | 0.04 | Wachovia | 7.24% | 6.94% | 0.06 |
| Wells Fargo | 6.44% | 6.35% | 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 Boston 3/1 ARM Mortgage Rates | South Boston 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 | 6.54% | 6.11% | 1.11 | Bank of America | 6.88% | 7.60% | 0.08 |
| Wachovia | 5.90% | 5.84% | 0.28 | Wachovia | 6.94% | 6.36% | 0.06 |
| Wells Fargo | 6.94% | 6.38% | 0.91 | Wells Fargo | 6.75% | 7.52% | 0.12 |
| Chase | 5.88% | 5.80% | 1.03 | Chase | 7.30% | 6.01% | 1.01 |
| Fifth Third Bank | 5.99% | 5.82% | 0.26 | ||||
| South Boston 1-yr. ARM Mortgage Rates | South Boston 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 | 6.83% | 6.29% | 0.07 |
| Wachovia | 6.37% | 5.96% | 0.07 | 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 Boston, Virginia
Community National Bank, 222 Main Street, South Boston Virginia 24592First National Bank of South Boston, 606 Broad Street, South Boston Virginia 24592
United Virginia Bank/citizens of South Boston, 502 Wilborn Avenue, South Boston Virginia 24592
Mortgage Statistics for South Boston, Virginia
| South Boston | Virginia | USA | |
|---|---|---|---|
| Population: Population - The population of South Boston, VA  |
14,312 | 7,077,776 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a South Boston mortgage. |
8,128 | 5,119,435 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a South Boston mortgage. |
5,908 | 1,390,241 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a South Boston mortgage. |
196 | 329,530 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in South Boston, VA, where you might buy a home. |
6,509 | 2,903,809 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in South Boston, where you might apply for a South Boston mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in South Boston, VA |
$72,100 | $129,931 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare South Boston mortgage interest rates. |
$29,471 | $49,314 | $43,800 |