Compare Today’s Mortgage Rates for Des Moines, Iowa
Pureloan searches mortgage lenders and major banks in Des Moines, Iowa 50314 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 $3,063 or $9 / month is expected in Des Moines and other areas of Polk county.
Pureloan’s search engine explores all home mortgage options in Des Moines, Iowa 50314, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in Des Moines, Iowa 50314
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APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for Des Moines, IA
To forecast and predict mortgage rates in Des Moines, IA 50314, 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 Des Moines, Iowa 50314 from 2013 - 2020
We have compiled mortgage rate charts for home loans in Des Moines, Iowa 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 | 88.26% | 80.33% | 89.16% | 88.27% | 85.86% | 83.33% | 86.06% | 87.60% |
| avg mortgage rate | 4.86% | 4.56% | 3.82% | 3.95% | 4.42% | 4.06% | 3.84% | 4.07% |
| % 15 year fixed mortgage | 8.45% | 16.39% | 7.39% | 7.82% | 11.51% | 14.29% | 11.50% | 10.85% |
| avg mortgage rate | 4.25% | 3.82% | 3.28% | 2.90% | 3.41% | 3.24% | 3.00% | 3.21% |
| Avg credit score | 767.63 | 770.16 | 763.62 | 761.58 | 755.80 | 756.98 | 752.81 | 826.33 |
| Avg LTV (loan to value) | 78.15% | 80.81% | 81.45% | 81.79% | 82.46% | 82.74% | 82.43% | 82.91% |
| Avg DTI (debt to income) | 30.00 | 29.60 | 31.29 | 31.69 | 32.03 | 31.81 | 33.21 | 32.35 |
| % First time homebuyer | 23.00% | 22.40% | 19.70% | 25.14% | 25.99% | 24.07% | 30.09% | 26.36% |
| Avg mortgage insurance % | 7.37% | 9.40% | 9.63% | 11.45% | 13.30% | 12.68% | 13.54% | 12.47% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Des Moines, Iowa 50314
If you’re looking to buy a new home in Des Moines, we have compiled a list of the leading mortgage brokers around Des Moines, Iowa 50314 to help you with your search.
Name
Address
Contact
Peterson
1100 Locust St
Des Moines IA 50314
(515) 508-7827
Wenndt
1100 Locust St
Des Moines IA 50314
(515) 508-7981
Muller
1100 Locust St
Des Moines IA 50314
(515) 508-7912
Nationwide Advantage Mortgage
1100 Locust St
Des Moines IA 50314
(515) 224-7100
http://nationwide.com/
Wells Fargo Home Mortgage
1 Home
Des Moines IA 50314
(515) 324-3707
http://www.wellsfargo.com/mortgage/