Compare Today’s Mortgage Rates for Lafayette, Indiana

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Lafayette, Indiana 47905. 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 $7,352 or $20 / month in Lafayette and other areas of Tippecanoe county.

Our search engine explores all home mortgage options in Lafayette, Indiana 47905, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Lafayette, Indiana 47905

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Lafayette, IN

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Lafayette, IN 47905, 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.

Local Mortgage Rates for Lafayette, IN

Historical Mortgage Rates for Lafayette, Indiana 47905 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Lafayette, Indiana and around Tippecanoe 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 77.98% 78.79% 74.61% 73.76% 80.62% 84.96% 75.93% 74.77%
avg mortgage rate 4.92% 4.66% 3.87% 3.91% 4.41% 4.03% 3.85% 4.16%
% 15 year fixed mortgage 14.88% 13.33% 16.58% 19.31% 13.22% 9.76% 17.29% 18.92%
avg mortgage rate 4.35% 3.90% 3.22% 3.05% 3.43% 3.17% 3.06% 3.13%
Avg credit score 760.82 756.41 753.92 755.28 752.90 752.21 745.40 748.32
Avg LTV (loan to value) 75.59% 78.61% 79.33% 80.47% 82.74% 81.94% 82.51% 80.92%
Avg DTI (debt to income) 29.93 28.18 29.42 30.97 31.20 31.63 31.78 32.86
% First time homebuyer 24.40% 26.06% 31.61% 21.29% 23.79% 22.36% 26.10% 19.82%
Avg mortgage insurance % 3.95% 6.36% 7.54% 8.61% 11.93% 11.62% 12.37% 10.70%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Lafayette, Indiana 47905

If you’re looking to buy a new home in Lafayette, we have compiled a list of the leading mortgage brokers around Lafayette, Indiana 47905 to help you with your search.

Name
Address
Contact

Main Steet Financial

529 Main St

Lafayette IN 47905

(765) 429-4444

Caliber Home Loans

8 N 3rd St

Lafayette IN 47905

(765) 588-9706

http://caliberhomeloans.com

Metlife Home Loans

415 Columbia St

Lafayette IN 47905

(765) 420-9373

http://www.firsthorizon.com

Ken Koch Management/Appraisal

2 N 9th St

Lafayette IN 47905

(765) 428-1509

lpn.catchet@verizon.net

Caliber Home Loans

415 Columbia St

Lafayette IN 47905

(765) 588-9700

http://caliberhomeloans.com

Address

529 Main St

Lafayette IN

Contact

(765) 429-4444

Address

8 N 3rd St

Lafayette IN

Contact

(765) 588-9706

http://caliberhomeloans.com

Address

415 Columbia St

Lafayette IN

Contact

(765) 420-9373

http://www.firsthorizon.com

News on Mortgages and Reverse Mortgages for Lafayette, Indiana 47905