Compare Today’s Mortgage Rates in Elkhart, Indiana 46517
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Elkhart, Indiana 46517.
Our search engine thoroughly explores all home mortgage options in Elkhart, Indiana 46517, 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 $8,115 in lifetime cash or $23 per month in Elkhart and other areas of Elkhart county.
41.646922
-85.972849
19626
Summary of Average Mortgages in Elkhart, Indiana 46517
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
Become a certified mortgage expert on Pureloan.com
in Elkhart, Indiana 46517
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Elkhart, Indiana 46517
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Elkhart, IN 46517. 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 Elkhart, Indiana 46517 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Elkhart, Indiana and around Elkhart 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 | 94.99% | 93.61% | 91.23% | 88.56% | 87.92% | 83.92% | 79.39% | 77.94% | 79.00% |
avg mortgage rate | 6.80% | 4.86% | 3.13% | 3.49% | 4.48% | 4.73% | 4.21% | 3.88% | 4.09% |
% 15 year fixed mortgage | 4.06% | 4.82% | 6.81% | 9.04% | 9.32% | 12.32% | 15.85% | 17.57% | 16.42% |
avg mortgage rate | 6.21% | 3.77% | 2.54% | 2.92% | 3.87% | 4.08% | 3.37% | 3.04% | 3.20% |
Avg credit score | 742.67 | 762.88 | 756.20 | 758.91 | 751.08 | 749.28 | 747.78 | 749.33 | 759.68 |
Avg LTV (loan to value) | 85.43% | 85.41% | 85.42% | 84.44% | 84.32% | 81.82% | 83.20% | 83.42% | 83.13% |
Avg DTI (debt to income) | 35.64 | 33.76 | 32.21 | 32.24 | 32.71 | 32.33 | 31.51 | 31.01 | 30.47 |
% First time homebuyer | 49.64% | 42.73% | 38.22% | 37.17% | 37.40% | 30.08% | 30.21% | 28.65% | 27.29% |
Avg mortgage insurance % | 16.37% | 15.78% | 15.51% | 14.46% | 14.54% | 12.26% | 13.80% | 13.73% | 14.08% |
Best Mortgage Brokers around Elkhart, Indiana 46517
For those searching for a new home in Elkhart, we have compiled a list of the top mortgage brokers located in and around Elkhart, Indiana 46517 to assist you with your search.
Name
Address
Contact
Payroll Advance
138 W Hively Ave
Elkhart IN 46517
(574) 293-9988
Commercial Credit Loans Inc.
3706 E Mishawaka Rd
Elkhart IN 46517
(574) 875-1738
Hometown Mortgage
58219 Windsong Dr
Elkhart IN 46517
(574) 293-1962
christine5961@aol.com
Mortgage Line
106 W Lexington Ave
Elkhart IN 46517
(574) 294-5626
Wells Fargo Home Mortgage
307 S Main St
Elkhart IN 46517
(574) 293-4807
http://www.wellsfargo.com/mortgage/
Address
138 W Hively Ave
Elkhart IN
Contact
(574) 293-9988
Address
3706 E Mishawaka Rd
Elkhart IN
Contact
(574) 875-1738
Address
58219 Windsong Dr
Elkhart IN
Contact
(574) 293-1962
christine5961@aol.com