Average Mortgage Rates for US Major Cities July 2009

Average Mortgage Rates for major US cities for July 2009.   Use the rate as an indication whether you’re getting a good mortgage rate.  The mortgage rate is as of July 2, 2009.

30 Year Fixed 15 Year Fixed 1 Year ARM
Metro Area Interest Rate Total Points Interest Rate Total Points Interest Rate Total Points
NW/National 5.81% 0.31 5.26% 0.27 4.83% 0.34
AZ/Phoenix 5.81% 0.70 5.09% 0.49 5.34% 1.22
CA/Los Angeles 5.90% 0.47 5.49% 0.51 5.88% 0.50
CA/San Francisco 5.93% 0.48 5.72% 0.24 5.00% 0.00
CO/Denver 6.01% 0.54 5.37% 0.46 3.88% 1.00
CT/Stamford 5.64% 0.11 5.09% 0.13 4.31% 0.50
DC/Washington DC 5.86% 0.28 5.47% 0.23 4.84% 0.50
FL/Miami 5.33% 0.00 4.90% 0.03 4.88% 0.00
FL/Orlando 5.61% 0.44 4.91% 0.25 5.13% 0.00
GA/Atlanta 5.76% 0.60 5.00% 0.51 4.75% 0.00
IL/Chicago 5.97% 0.24 5.46% 0.21 5.25% 0.00
MA/Boston 5.91% 0.08 5.40% 0.07 5.23% 0.00
MD/Baltimore 5.75% 0.21 5.10% 0.22 5.54% 1.25
MI/Detroit 6.00% 0.16 5.38% 0.27 5.00% 0.00
MN/Minneapolis 5.78% 0.65 5.12% 0.64 3.63% 1.00
NC/Raleigh-Durham 5.48% 0.75 4.78% 0.78 5.25% 0.00
NY/New York City 5.92% 0.31 5.43% 0.32 4.95% 0.53
OH/Cleveland 5.99% 0.18 5.35% 0.03 3.71% 0.00
PA/Philadelphia 5.79% 0.11 5.28% 0.16 5.02% 0.23
TX/Dallas-Ft Worth 6.14% 0.71 5.62% 0.53 5.00% 0.00
WA/Seattle 5.75% 0.53 5.29% 0.56 5.50% 1.00
NW/National FHA 5.50% 0.34 n/a% n/a 6.20% 1.55
Source: HSH


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