Compare Today’s Mortgage Rates in Palmer Lake, Colorado 80133

Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Palmer Lake, Colorado 80133.

After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $13,781 over the lifetime of your 30-year fixed loan, or a monthly savings of $38 in Palmer Lake and other areas of El Paso county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

39.120498 -104.914795 34709

Summary of Average Mortgages in Palmer Lake, Colorado 80133

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Palmer Lake, Colorado 80133

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Palmer Lake, CO 80133. 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.

Local Mortgage Rates in Palmer Lake, Colorado 80133

Palmer Lake is a Statutory Town in El Paso County, Colorado, United States. The population was 2,636 at the 2020 census. Palmer Lake was founded by General William Jackson Palmer in 1871 and was incorporated in 1889.

Palmer Lake is one of three communities in the Tri-Lakes region between Denver and Colorado Springs. Read more

Palmer Lake is a Statutory Town in El Paso County, Colorado, United States. The population was 2,636 at the 2020 census. Palmer Lake was founded by General William Jackson Palmer in 1871 and was incorporated in 1889.

Palmer Lake is one of three communities in the Tri-Lakes region between Denver and Colorado Springs. The three lakes are Palmer Lake, Monument Lake, and Lake Woodmoor. Located off Interstate 25 near two major metropolitan centers, Palmer Lake is a growing community on the Front Range of the Rocky Mountains.

Downtown Palmer Lake, though small, features restaurants and coffee shops on Colorado Highway 105. There is also a library, town hall, and a historical museum. The Tri-Lakes Center for the Arts, a nonprofit fine arts venue, features rotating art exhibitions and concert events with nationally recognized artists.

The town's water comes from two reservoirs in the mountains behind the town and from wells. Both reservoirs and Monument Creek, which flows out of them, are considered part of the town's watershed. The town's namesake lake dried up completely during the summer of 2012 due to Douglas County stopping the water supply. They have allowed Palmer Lake a third of the previous area for aesthetics but will not allow drainage to travel through as it used to be. The town's Board of Trustees held a firm stance against transferring water from the reservoirs to be stored in the lake, asking "Should our water supply be protected for the health and safety of all of our citizens, or should it be utilized for mostly aesthetic purposes?" Downtown businesses and resident morale suffered greatly due to the lack of any surface water within city limits. By 2014, the lake was nearly dry again Library services for the city are provided by the Palmer Lake Branch Library, located at 66 Lower Glenway in Palmer Lake. Read less

Historical Mortgage Rates in Palmer Lake, Colorado 80133 from 2024 - 2016

We have compiled mortgage rates charts for home loans in Palmer Lake, Colorado and around El Paso 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 97.53% 96.97% 96.78% 96.24% 94.91% 94.19% 95.24% 95.78% 93.30%
avg mortgage rate 6.15% 4.48% 2.97% 3.28% 4.34% 4.62% 4.20% 3.93% 4.13%
% 15 year fixed mortgage 2.13% 2.29% 2.60% 2.78% 3.61% 4.52% 3.74% 3.22% 5.34%
avg mortgage rate 5.52% 3.54% 2.36% 2.79% 3.82% 3.90% 3.48% 3.12% 3.23%
Avg credit score 761.15 765.08 766.22 770.85 764.77 759.29 759.93 756.55 757.46
Avg LTV (loan to value) 76.28% 76.65% 78.01% 78.59% 77.96% 75.84% 76.83% 79.38% 79.18%
Avg DTI (debt to income) 39.05 37.49 35.14 35.47 36.63 36.82 35.68 35.53 34.97
% First time homebuyer 42.67% 37.80% 35.79% 33.24% 33.58% 27.60% 25.66% 27.61% 25.76%
Avg mortgage insurance % 10.94% 9.96% 10.19% 10.72% 10.05% 8.02% 7.97% 9.36% 9.74%

Source: Financial Report of the US Government

Best Mortgage Brokers around Palmer Lake, Colorado 80133

For those searching for a new home in Palmer Lake, we have compiled a list of the top mortgage brokers located in and around Palmer Lake, Colorado 80133 to assist you with your search.

Name
Address
Contact

Blueprint Lending

18690 Plaza Dr

Parker CO 80133

(303) 996-3066

http://www.blueprintlending.com

Frontier Mortgage

16201 Bluebonnet Dr

Parker CO 80133

(303) 662-8288

Nationwide Home Loans

8943 Thunderbird Rd

Parker CO 80133

(303) 840-9252

http://www.real-estate-denver-colorado.com

Wells Fargo Home Mortgage

10900 S Parker Rd

Parker CO 80133

(303) 840-6005

http://www.wellsfargo.com/mortgage/

Home Loan Insurance

11280 S Twenty Mile Rd

Parker CO 80133

(720) 420-5001

sarah@hlinsurance.net

Address

18690 Plaza Dr

Parker CO

Contact

(303) 996-3066

http://www.blueprintlending.com

Address

16201 Bluebonnet Dr

Parker CO

Contact

(303) 662-8288

Address

8943 Thunderbird Rd

Parker CO

Contact

(303) 840-9252

http://www.real-estate-denver-colorado.com

News on Mortgages and Reverse Mortgages for Palmer Lake, Colorado 80133