Compare Today’s Mortgage Rates for Mena, Arkansas
Pureloan searches mortgage lenders and major banks in Mena, Arkansas 71953 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 $4,137 or $11 / month is expected in Mena and other areas of Polk county.
Pureloan’s search engine explores all home mortgage options in Mena, Arkansas 71953, 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 Mena, Arkansas 71953
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive and Personalized Mortage Rates Analysis
To forecast and predict mortgage rates in Mena, AR 71953, 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 Mena, Arkansas 71953 from 2012 - 2019
We have compiled mortgage rate charts for home loans in Mena, Arkansas and around Polk 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 | 88.50% | 75.00% | 73.91% | 82.78% | 85.77% | 81.31% | 86.36% | 86.96% |
| avg mortgage rate | 4.93% | 4.59% | 3.87% | 3.94% | 4.43% | 4.10% | 3.91% | 4.08% |
| % 15 year fixed mortgage | 8.50% | 19.87% | 25.36% | 12.44% | 11.46% | 16.26% | 12.24% | 7.61% |
| avg mortgage rate | 4.25% | 3.81% | 3.25% | 3.08% | 3.55% | 3.29% | 3.07% | 3.21% |
| Avg credit score | 763.45 | 772.00 | 771.72 | 768.82 | 762.73 | 767.19 | 752.30 | 760.78 |
| Avg LTV (loan to value) | 72.97% | 72.17% | 75.97% | 76.47% | 77.74% | 78.57% | 80.29% | 76.32% |
| Avg DTI (debt to income) | 32.23 | 32.13 | 31.36 | 31.36 | 32.34 | 31.60 | 33.74 | 33.53 |
| % First time homebuyer | 18.00% | 13.46% | 13.04% | 19.62% | 17.00% | 17.65% | 16.43% | 10.87% |
| Avg mortgage insurance % | 2.29% | 1.74% | 5.70% | 5.22% | 8.42% | 6.79% | 9.92% | 7.51% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Mena, Arkansas 71953
If you’re looking to buy a new home in Mena, we have compiled a list of the leading mortgage brokers around Mena, Arkansas 71953 to help you with your search.
Name
Address
Contact
First Arkansas Financial
1168 Highway 71 S
Mena AR 71953
(479) 394-2500
Brinkley Mortgage Corporation
801 Ingram St
Conway AR 71953
(501) 329-7700
brinkley6@conwaycorp.net
Thompson Realty Company
2010 Washington Ave
Conway AR 71953
(501) 327-7580
info@thompsonrealtyar.com
First Financial Mortgage
924 Van Ronkle St
Conway AR 71953
(501) 513-0637
bweldon@ffb1.com
Pulaski Mortgage Co.
1050 Ellis Ave
Conway AR 71953
(501) 328-5533
debbie.reed@iberiabankmortgage.com
Address
1168 Highway 71 S
Mena AR
Contact
(479) 394-2500
Address
801 Ingram St
Conway AR
Contact
(501) 329-7700
brinkley6@conwaycorp.net
Address
2010 Washington Ave
Conway AR
Contact
(501) 327-7580
info@thompsonrealtyar.com