Compare Today’s Mortgage Rates for Locust Grove, Arkansas

Pureloan searches mortgage lenders and major banks in Locust Grove, Arkansas 72550 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $3,291 or $9 / month is expected in Locust Grove and other areas of Independence county.

Pureloan’s search engine explores all home mortgage options in Locust Grove, Arkansas 72550, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

No suitable program is found

Summary of Average Mortgage Terms in Locust Grove, Arkansas 72550

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Locust Grove, AR 72550, Pureloan has created an interactive chart to track the 5 largest nationwide lenders. Historical rates are based on closed mortgage financings, and projections are based on proprietary modeling.

Historical Mortgage Rates for Locust Grove, Arkansas 72550 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Locust Grove, Arkansas and around Independence county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed mortgage 83.95% 84.39% 81.82% 83.99% 88.16% 88.26% 89.85% 89.71%
avg mortgage rate 4.90% 4.56% 3.81% 3.89% 4.44% 4.07% 3.95% 4.19%
% 15 year fixed mortgage 12.32% 12.42% 13.10% 13.86% 9.27% 8.84% 7.85% 7.41%
avg mortgage rate 4.19% 3.87% 3.14% 3.08% 3.42% 3.23% 3.13% 3.35%
Avg credit score 758.51 765.69 761.00 757.16 753.60 752.65 749.91 749.63
Avg LTV (loan to value) 77.49% 78.33% 81.20% 81.67% 83.64% 83.35% 83.99% 83.35%
Avg DTI (debt to income) 31.01 31.99 30.57 32.34 32.08 31.42 32.80 33.58
% First time homebuyer 31.52% 22.93% 24.60% 27.39% 30.10% 28.70% 26.79% 20.16%
Avg mortgage insurance % 5.10% 6.57% 11.01% 11.29% 14.28% 14.08% 14.37% 13.03%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Locust Grove, Arkansas 72550

If you’re looking to buy a new home in Locust Grove, we have compiled a list of the leading mortgage brokers around Locust Grove, Arkansas 72550 to help you with your search.

Name
Address
Contact

Guild Mortgage Company

114 E Crandall Ave

Harrison AR 72550

(870) 416-3755

http://www.guildmortgage.com/

Farm Credit Service

129 W Industrial Park Rd

Harrison AR 72550

(870) 741-2020

http://www.myaglender.com/

Rwc

1411 N Main St

Harrison AR 72550

(870) 688-9999

http://rwcinc.com

Regions Mortgage

318 Hester Dr

Harrison AR 72550

(870) 391-8243

Farm Credit Mid-America

129 W Industrial Park Rd

Harrison AR 72550

(870) 741-2020

http://www.e-farmcredit.com

Address

114 E Crandall Ave

Harrison AR

Contact

(870) 416-3755

http://www.guildmortgage.com/

Address

129 W Industrial Park Rd

Harrison AR

Contact

(870) 741-2020

http://www.myaglender.com/

Address

1411 N Main St

Harrison AR

Contact

(870) 688-9999

http://rwcinc.com

News on Mortgages and Reverse Mortgages for Locust Grove, Arkansas 72550