Compare Today’s Mortgage Rates in Elgin, Iowa 52141
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Elgin, Iowa 52141.
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 $1,818 over the lifetime of your 30-year fixed loan, or a monthly savings of $5 in Elgin and other areas of Fayette county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
Summary of Average Mortgages in Elgin, Iowa 52141
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Interactive Mortgage Rate Projections for Elgin, Iowa 52141
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Elgin, IA 52141. 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 Elgin, Iowa 52141 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Elgin, Iowa and around Fayette 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 | 96.15% | 90.68% | 95.19% | 91.82% | 85.81% | 85.27% | 83.22% | 82.47% | 82.94% |
avg mortgage rate | 6.20% | 4.66% | 2.84% | 3.22% | 4.18% | 4.40% | 3.97% | 3.58% | 3.87% |
% 15 year fixed mortgage | 3.85% | 8.07% | 4.28% | 5.45% | 11.07% | 10.85% | 10.84% | 15.12% | 14.72% |
avg mortgage rate | 5.29% | 4.38% | 2.26% | 2.64% | 3.55% | 3.85% | 3.14% | 2.84% | 3.04% |
Avg credit score | 738.68 | 746.60 | 741.91 | 751.27 | 756.82 | 793.04 | 758.32 | 758.01 | 756.02 |
Avg LTV (loan to value) | 84.19% | 80.89% | 84.87% | 83.55% | 81.16% | 81.80% | 80.28% | 81.86% | 80.42% |
Avg DTI (debt to income) | 35.62 | 34.93 | 33.37 | 32.89 | 33.29 | 33.46 | 32.71 | 33.43 | 32.62 |
% First time homebuyer | 55.13% | 40.99% | 43.32% | 37.73% | 31.83% | 27.91% | 30.42% | 27.49% | 19.40% |
Avg mortgage insurance % | 14.03% | 12.18% | 14.86% | 13.84% | 12.35% | 12.25% | 11.02% | 12.66% | 10.07% |
Best Mortgage Brokers around Elgin, Iowa 52141
For those searching for a new home in Elgin, we have compiled a list of the top mortgage brokers located in and around Elgin, Iowa 52141 to assist you with your search.
Farm Credit Service Of America
2328 Millennium Rd
Decorah IA 52141
(563) 382-8413
http://fcsamerica.com
Security Loan Copany
210 Main St
Mc Gregor IA 52141
(563) 873-3464
http://www.alliedinsurance.com
Dan Bickel Insurance
210 Main St
Mc Gregor IA 52141
(563) 873-3464
http://www.alliedinsurance.com
Luana Savings Bank
130 Main St
Luana IA 52141
(563) 539-2166
http://luanasavingsbank.com
Luana Savings Bank
302 Main St
Luana IA 52141
(563) 539-2110
Address
2328 Millennium Rd
Decorah IA
Contact
(563) 382-8413
http://fcsamerica.com
Address
210 Main St
Mc Gregor IA
Contact
(563) 873-3464
http://www.alliedinsurance.com
Address
210 Main St
Mc Gregor IA
Contact
(563) 873-3464
http://www.alliedinsurance.com