Compare Today’s Mortgage Rates for Indianapolis, Indiana

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Indianapolis, Indiana 46298. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $4,858 or $13 / month in Indianapolis and other areas of Marion county.

Our search engine explores all home mortgage options in Indianapolis, Indiana 46298, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

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Summary of Average Mortgage Terms in Indianapolis, Indiana 46298

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 Indianapolis, IN 46298, 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 Indianapolis, Indiana 46298 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Indianapolis, Indiana and around Marion 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 Indianapolis, Indiana 46298

If you’re looking to buy a new home in Indianapolis, we have compiled a list of the leading mortgage brokers around Indianapolis, Indiana 46298 to help you with your search.

Name
Address
Contact

Us Defense Finance & Accounting Service

8899 E 56th St

Indianapolis IN 46298

(317) 510-2192

http://dfas.mil

Gateway Commercial MTG

4847 Arabian Run

Indianapolis IN 46298

(317) 616-3395

Cummings Real Estate

2243 Rome Dr

Indianapolis IN 46298

(317) 926-8322

Indiana Mortgage Savings

10401 N Meridian St

Indianapolis IN 46298

(317) 616-3700

Nmc Mortgage Corporation

201 W 103rd St

Indianapolis IN 46298

(317) 218-2900

Address

8899 E 56th St

Indianapolis IN

Contact

(317) 510-2192

http://dfas.mil

Address

4847 Arabian Run

Indianapolis IN

Contact

(317) 616-3395

Address

2243 Rome Dr

Indianapolis IN

Contact

(317) 926-8322

News on Mortgages and Reverse Mortgages for Indianapolis, Indiana 46298