Compare Today’s Mortgage Rates in Melbourne, Arkansas 72556
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Melbourne, Arkansas 72556.
Our search engine thoroughly explores all home mortgage options in Melbourne, Arkansas 72556, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $4,129 in lifetime cash or $11 per month in Melbourne and other areas of Izard county.
Summary of Average Mortgages in Melbourne, Arkansas 72556
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Interactive Mortgage Rate Projections for Melbourne, Arkansas 72556
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Melbourne, AR 72556. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Melbourne, Arkansas 72556 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Melbourne, Arkansas and around Izard county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed mortgage | 94.51% | 92.50% | 92.77% | 91.85% | 92.57% | 91.60% | 89.50% | 89.34% | 88.83% |
avg mortgage rate | 6.38% | 4.49% | 2.96% | 3.37% | 4.35% | 4.60% | 4.12% | 3.84% | 4.01% |
% 15 year fixed mortgage | 4.73% | 5.30% | 5.79% | 6.74% | 5.47% | 6.47% | 8.20% | 8.07% | 8.63% |
avg mortgage rate | 5.54% | 3.78% | 2.35% | 2.86% | 3.74% | 3.99% | 3.42% | 3.10% | 3.24% |
Avg credit score | 769.78 | 768.46 | 761.91 | 755.34 | 756.81 | 773.05 | 765.33 | 751.39 | 757.66 |
Avg LTV (loan to value) | 78.71% | 81.57% | 83.64% | 84.51% | 83.68% | 81.67% | 83.20% | 83.72% | 82.69% |
Avg DTI (debt to income) | 34.94 | 33.94 | 31.91 | 32.16 | 33.32 | 32.41 | 31.88 | 30.74 | 30.10 |
% First time homebuyer | 36.43% | 32.19% | 29.30% | 35.53% | 34.99% | 27.09% | 23.74% | 27.88% | 25.60% |
Avg mortgage insurance % | 12.42% | 13.13% | 14.47% | 15.13% | 13.83% | 12.11% | 13.35% | 13.94% | 12.83% |
Best Mortgage Brokers around Melbourne, Arkansas 72556
For those searching for a new home in Melbourne, we have compiled a list of the top mortgage brokers located in and around Melbourne, Arkansas 72556 to assist you with your search.
Guild Mortgage Company
114 E Crandall Ave
Harrison AR 72556
(870) 416-3755
http://www.guildmortgage.com/
Farm Credit Service
129 W Industrial Park Rd
Harrison AR 72556
(870) 741-2020
http://www.myaglender.com/
Rwc
1411 N Main St
Harrison AR 72556
(870) 688-9999
http://rwcinc.com
Regions Mortgage
318 Hester Dr
Harrison AR 72556
(870) 391-8243
Farm Credit Mid-America
129 W Industrial Park Rd
Harrison AR 72556
(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