Compare Today’s Mortgage Rates for Franklin, Indiana

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Franklin, Indiana 46131. 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 $5,544 or $15 / month in Franklin and surrounding areas of Johnson 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 Franklin, Indiana 46131.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Franklin, Indiana 46131

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 Franklin, IN 46131, 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 Franklin, Indiana 46131 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Franklin, Indiana and around Johnson 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 82.29% 79.43% 84.04% 83.13% 87.33% 86.73% 89.10% 87.42%
avg mortgage rate 4.94% 4.67% 3.90% 3.98% 4.46% 4.12% 3.91% 4.15%
% 15 year fixed mortgage 13.57% 15.30% 12.99% 13.77% 9.80% 10.19% 8.38% 8.83%
avg mortgage rate 4.32% 3.88% 3.20% 3.18% 3.45% 3.28% 3.10% 3.29%
Avg credit score 764.42 763.11 763.52 758.95 754.09 756.38 752.89 753.16
Avg LTV (loan to value) 76.70% 78.95% 80.55% 81.19% 82.99% 82.44% 82.97% 81.60%
Avg DTI (debt to income) 30.40 30.15 29.63 31.00 31.86 31.54 32.46 33.09
% First time homebuyer 23.70% 25.85% 20.97% 25.39% 29.65% 28.22% 26.47% 25.61%
Avg mortgage insurance % 5.65% 7.88% 10.81% 11.55% 13.34% 13.17% 13.78% 12.11%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Franklin, Indiana 46131

If you’re looking to buy a new home in Franklin, we have compiled a list of the leading mortgage brokers around Franklin, Indiana 46131 to help you with your search.

Name
Address
Contact

First Republic Mortgage

2236 S 225 W

Franklin IN 46131

(317) 878-5266

Logsdon Mortgage Team

2236 S 225 W

Franklin IN 46131

(317) 878-5266

Mortgage and Title Solutions

5799 E 250 S

Franklin IN 46131

(317) 708-6065

NVR Mortgage Finance Inc.

747 Commerce Dr

Franklin IN 46131

(317) 346-0672

http://nvrmortgage.com

Farm Credit Services

100 International Dr

Franklin IN 46131

(317) 736-6664

http://www.e-farmcredit.com

Address

2236 S 225 W

Franklin IN

Contact

(317) 878-5266

Address

2236 S 225 W

Franklin IN

Contact

(317) 878-5266

Address

5799 E 250 S

Franklin IN

Contact

(317) 708-6065

News on Mortgages and Reverse Mortgages for Franklin, Indiana 46131