Compare Today’s Mortgage Rates for Salem, Iowa

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Salem, Iowa 52649. 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 $4,920 or $14 / month in Salem and surrounding areas of Henry 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 Salem, Iowa 52649.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Salem, Iowa 52649

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Salem, IA 52649, 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 Salem, Iowa 52649 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Salem, Iowa and around Henry 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 Salem, Iowa 52649

If you’re looking to buy a new home in Salem, we have compiled a list of the leading mortgage brokers around Salem, Iowa 52649 to help you with your search.

Name
Address
Contact

OneMain Financial

116 W Agency Rd

West Burlington IA 52649

(319) 754-7536

http://branches.onemainfinancial.com/ia/west-burlington/116-west-agency-road.html

Check 'n Go

411 W Agency Rd

West Burlington IA 52649

(319) 754-1181

comments@checkngo.com

Cnac

125 S Roosevelt Ave

Burlington IA 52649

(319) 754-4469

customerservice@jdbyrider.com

Main St Mortgage

210 Jefferson St

Burlington IA 52649

(319) 754-4484

http://www.mainstreetiowa.com/

First Choice Mortgage

415 S Roosevelt Ave

Burlington IA 52649

(319) 752-7778

Address

116 W Agency Rd

West Burlington IA

Contact

(319) 754-7536

http://branches.onemainfinancial.com/ia/west-burlington/116-west-agency-road.html

Address

411 W Agency Rd

West Burlington IA

Contact

(319) 754-1181

comments@checkngo.com

Address

125 S Roosevelt Ave

Burlington IA

Contact

(319) 754-4469

customerservice@jdbyrider.com

News on Mortgages and Reverse Mortgages for Salem, Iowa 52649