Compare Today’s Mortgage Rates for Ottumwa, Iowa

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Ottumwa, Iowa 52501. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $2,537 or $7 / month in Ottumwa and surrounding areas of Wapello county.

Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Ottumwa, Iowa 52501.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Ottumwa, Iowa 52501

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Ottumwa, IA

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Ottumwa, IA 52501, 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.

Local Mortgage Rates for Ottumwa, IA

Historical Mortgage Rates for Ottumwa, Iowa 52501 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Ottumwa, Iowa and around Wapello 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 82.54% 81.68% 81.25% 82.92% 84.19% 83.19% 83.39% 86.73%
avg mortgage rate 4.86% 4.60% 3.80% 3.77% 4.29% 3.89% 3.60% 3.97%
% 15 year fixed mortgage 13.10% 14.36% 15.63% 15.30% 12.58% 14.78% 14.42% 9.18%
avg mortgage rate 4.31% 3.81% 2.98% 2.83% 3.30% 3.08% 2.84% 2.98%
Avg credit score 759.49 759.13 757.02 762.46 754.25 756.65 758.68 751.17
Avg LTV (loan to value) 77.67% 77.47% 79.13% 79.76% 80.47% 80.50% 81.47% 82.40%
Avg DTI (debt to income) 31.86 32.03 32.33 31.81 32.85 32.69 33.79 32.98
% First time homebuyer 28.57% 24.75% 12.89% 10.32% 18.39% 20.00% 27.27% 31.63%
Avg mortgage insurance % 5.50% 6.31% 8.02% 8.63% 9.71% 9.96% 12.33% 12.10%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Ottumwa, Iowa 52501

If you’re looking to buy a new home in Ottumwa, we have compiled a list of the leading mortgage brokers around Ottumwa, Iowa 52501 to help you with your search.

Name
Address
Contact

Country Home Loans

700 Farm Credit Dr

Ottumwa IA 52501

(641) 682-8778

Nancy's Pawn Shop

509 E Main St

Ottumwa IA 52501

(641) 682-8661

Check It Out

512 N Hancock St

Ottumwa IA 52501

(641) 954-9030

Farm Credit Service Of America

700 Farm Credit Dr

Ottumwa IA 52501

(641) 682-8778

subscriptionhelp@fcsamerica.com

Payday Today

807 Richmond Ave

Ottumwa IA 52501

(641) 683-4441

Address

700 Farm Credit Dr

Ottumwa IA

Contact

(641) 682-8778

Address

509 E Main St

Ottumwa IA

Contact

(641) 682-8661

Address

512 N Hancock St

Ottumwa IA

Contact

(641) 954-9030

News on Mortgages and Reverse Mortgages for Ottumwa, Iowa 52501