Compare Today’s Mortgage Rates in Kokomo, Indiana 46901
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Kokomo, Indiana 46901.
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 $5,796 over the lifetime of your 30-year fixed loan, or a monthly savings of $16 in Kokomo and other areas of Howard county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
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Summary of Average Mortgages in Kokomo, Indiana 46901
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Kokomo, Indiana 46901
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Kokomo, IN 46901. 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 Kokomo, Indiana 46901 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Kokomo, Indiana and around Howard 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 | 90.04% | 90.08% | 88.56% | 86.63% | 89.38% | 84.40% | 80.29% | 81.34% | 77.47% |
avg mortgage rate | 6.76% | 4.88% | 3.17% | 3.52% | 4.55% | 4.79% | 4.23% | 3.94% | 4.13% |
% 15 year fixed mortgage | 7.05% | 7.47% | 8.10% | 8.59% | 8.00% | 10.46% | 14.23% | 14.73% | 16.46% |
avg mortgage rate | 5.98% | 3.99% | 2.48% | 3.01% | 3.94% | 4.19% | 3.38% | 3.15% | 3.29% |
Avg credit score | 766.75 | 784.44 | 741.37 | 752.14 | 747.70 | 742.71 | 739.03 | 739.52 | 743.27 |
Avg LTV (loan to value) | 87.10% | 84.69% | 85.89% | 85.87% | 87.29% | 84.06% | 83.49% | 86.43% | 85.01% |
Avg DTI (debt to income) | 34.82 | 33.46 | 31.13 | 31.73 | 32.63 | 32.06 | 31.96 | 30.58 | 29.83 |
% First time homebuyer | 52.28% | 42.78% | 39.07% | 36.20% | 42.34% | 30.85% | 31.20% | 30.84% | 35.70% |
Avg mortgage insurance % | 18.15% | 15.29% | 16.05% | 16.10% | 17.51% | 14.12% | 13.42% | 16.56% | 15.31% |
Best Mortgage Brokers around Kokomo, Indiana 46901
For those searching for a new home in Kokomo, we have compiled a list of the top mortgage brokers located in and around Kokomo, Indiana 46901 to assist you with your search.
Name
Address
Contact
Amer Mortgage Service
902 S Main St
Kokomo IN 46901
(765) 868-3307
American Tax Consultants
732 S Washington St
Kokomo IN 46901
(765) 450-6617
World Finance
513 S Reed Rd
Kokomo IN 46901
(765) 457-1789
http://worldacceptance.com
Check 'n Go
2202 E Markland Ave
Kokomo IN 46901
(765) 868-1111
customerservice@checkngo.com
Loan Broker
1212 E Sycamore St
Kokomo IN 46901
(765) 457-5480
tlchorrushi@sbcglobal.net
Address
902 S Main St
Kokomo IN
Contact
(765) 868-3307
Address
732 S Washington St
Kokomo IN
Contact
(765) 450-6617
Address
513 S Reed Rd
Kokomo IN
Contact
(765) 457-1789
http://worldacceptance.com