Compare Today’s Mortgage Rates in Somers, Iowa 50586
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Somers, Iowa 50586.
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 $4,624 over the lifetime of your 30-year fixed loan, or a monthly savings of $13 in Somers and other areas of Calhoun 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 Somers, Iowa 50586
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Interactive Mortgage Rate Projections for Somers, Iowa 50586
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Somers, IA 50586. 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 Somers, Iowa 50586 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Somers, Iowa and around Calhoun 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 | 91.80% | 89.17% | 85.71% | 84.64% | 83.33% | 78.79% | 70.97% | 80.47% | 73.68% |
avg mortgage rate | 6.35% | 4.43% | 2.96% | 3.35% | 4.47% | 4.68% | 4.16% | 3.88% | 4.08% |
% 15 year fixed mortgage | 1.64% | 7.50% | 10.42% | 10.78% | 12.86% | 13.94% | 21.51% | 15.38% | 20.00% |
avg mortgage rate | 6.50% | 3.93% | 2.36% | 2.77% | 3.82% | 4.17% | 3.34% | 3.05% | 3.20% |
Avg credit score | 735.80 | 740.43 | 744.94 | 738.50 | 746.42 | 744.49 | 742.42 | 741.99 | 748.76 |
Avg LTV (loan to value) | 88.64% | 86.09% | 86.60% | 86.92% | 86.05% | 85.12% | 83.48% | 85.64% | 82.01% |
Avg DTI (debt to income) | 34.75 | 34.40 | 31.93 | 32.06 | 37.19 | 32.35 | 32.61 | 32.98 | 30.79 |
% First time homebuyer | 39.34% | 44.17% | 43.45% | 44.12% | 40.95% | 29.70% | 31.18% | 36.09% | 32.11% |
Avg mortgage insurance % | 19.33% | 16.32% | 16.26% | 16.16% | 15.26% | 14.25% | 13.85% | 15.94% | 12.19% |
Best Mortgage Brokers around Somers, Iowa 50586
For those searching for a new home in Somers, we have compiled a list of the top mortgage brokers located in and around Somers, Iowa 50586 to assist you with your search.
Farm Credit Service Of America
345 Fair Meadow Dr
Webster City IA 50586
(515) 832-3435
webmaster@fcsamerica.com
Country Home Loans
345 Fair Meadow Dr
Webster City IA 50586
(515) 832-3435
http://www.fcsamerica.com/
OneMain Financial
4618 University Ave
Cedar Falls IA 50586
(319) 266-6281
http://branches.onemainfinancial.com/ia/cedar-falls/4618-university-avenue.html
Farm Credit Service Of America
7419 Nordic Dr
Cedar Falls IA 50586
(319) 266-3551
webmaster@fcsamerica.com
Midwest Settlement Services, L
4817 University Ave
Cedar Falls IA 50586
(319) 553-3400
info@midwestsettlement.com
Address
345 Fair Meadow Dr
Webster City IA
Contact
(515) 832-3435
webmaster@fcsamerica.com
Address
345 Fair Meadow Dr
Webster City IA
Contact
(515) 832-3435
http://www.fcsamerica.com/
Address
4618 University Ave
Cedar Falls IA
Contact
(319) 266-6281
http://branches.onemainfinancial.com/ia/cedar-falls/4618-university-avenue.html