Compare Today’s Mortgage Rates in Mechanicsville, Iowa 52306
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Mechanicsville, Iowa 52306.
Our search engine thoroughly explores all home mortgage options in Mechanicsville, Iowa 52306, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $5,465 in lifetime cash or $15 per month in Mechanicsville and other areas of Cedar county.
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Summary of Average Mortgages in Mechanicsville, Iowa 52306
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for Mechanicsville, Iowa 52306
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Mechanicsville, IA 52306. 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 Mechanicsville, Iowa 52306 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Mechanicsville, Iowa and around Cedar 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 | 91.10% | 88.60% | 91.76% | 90.43% | 89.36% | 81.02% | 83.33% | 89.84% | 87.78% |
avg mortgage rate | 6.18% | 4.38% | 2.82% | 3.11% | 4.14% | 4.35% | 4.00% | 3.70% | 3.89% |
% 15 year fixed mortgage | 8.90% | 9.21% | 6.59% | 8.51% | 7.98% | 15.66% | 13.52% | 8.82% | 10.29% |
avg mortgage rate | 5.53% | 3.78% | 2.20% | 2.63% | 3.68% | 3.76% | 3.10% | 2.82% | 3.00% |
Avg credit score | 752.32 | 754.52 | 756.31 | 754.97 | 754.73 | 764.65 | 759.10 | 755.55 | 763.15 |
Avg LTV (loan to value) | 79.50% | 81.33% | 81.89% | 81.93% | 82.30% | 79.92% | 80.40% | 82.53% | 78.98% |
Avg DTI (debt to income) | 36.27 | 34.68 | 32.34 | 32.75 | 34.70 | 32.30 | 31.95 | 31.93 | 31.03 |
% First time homebuyer | 42.47% | 39.91% | 32.42% | 28.94% | 28.72% | 28.01% | 26.10% | 28.34% | 26.69% |
Avg mortgage insurance % | 10.99% | 12.46% | 12.49% | 13.13% | 12.84% | 10.05% | 9.79% | 12.58% | 5.86% |
Best Mortgage Brokers around Mechanicsville, Iowa 52306
For those searching for a new home in Mechanicsville, we have compiled a list of the top mortgage brokers located in and around Mechanicsville, Iowa 52306 to assist you with your search.
Name
Address
Contact
Holly Dye
580 W Cherry St
North Liberty IA 52306
(319) 626-4013
LoanMax
901 7th Ave
Marion IA 52306
(319) 447-9158
P R Mortgage Processing
2230 Tamerac Cir
Marion IA 52306
(319) 362-5323
Commercial Power Finance
701 Tama St
Marion IA 52306
(319) 447-5700
http://www.berthel.com
Wells Fargo Home Mortgage
340 7th Ave
Marion IA 52306
(319) 377-1285
http://www.wellsfargo.com/mortgage/
Address
580 W Cherry St
North Liberty IA
Contact
(319) 626-4013
Address
901 7th Ave
Marion IA
Contact
(319) 447-9158
Address
2230 Tamerac Cir
Marion IA
Contact
(319) 362-5323