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 | ||||||