Compare Today’s Mortgage Rates for Salem, Arkansas

Pureloan searches mortgage lenders and major banks in Salem, Arkansas 72576 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 $5,201 or $14 / month is expected in Salem and other areas of Fulton county.

Pureloan’s search engine explores all home mortgage options in Salem, Arkansas 72576, 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 Salem, Arkansas 72576

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 Salem, AR 72576, 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 Salem, Arkansas 72576 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Salem, Arkansas and around Fulton 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 Salem, Arkansas 72576

If you’re looking to buy a new home in Salem, we have compiled a list of the leading mortgage brokers around Salem, Arkansas 72576 to help you with your search.

Name
Address
Contact

Guild Mortgage Company

114 E Crandall Ave

Harrison AR 72576

(870) 416-3755

http://www.guildmortgage.com/

Farm Credit Service

129 W Industrial Park Rd

Harrison AR 72576

(870) 741-2020

http://www.myaglender.com/

Rwc

1411 N Main St

Harrison AR 72576

(870) 688-9999

http://rwcinc.com

Regions Mortgage

318 Hester Dr

Harrison AR 72576

(870) 391-8243

Farm Credit Mid-America

129 W Industrial Park Rd

Harrison AR 72576

(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 Salem, Arkansas 72576