Compare Today’s Mortgage Rates in Farmington, Kentucky 42040
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Farmington, Kentucky 42040.
Our search engine thoroughly explores all home mortgage options in Farmington, Kentucky 42040, 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 $5,897 in lifetime cash or $16 per month in Farmington and other areas of Graves county.
Summary of Average Mortgages in Farmington, Kentucky 42040
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Interactive Mortgage Rate Projections for Farmington, Kentucky 42040
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Farmington, KY 42040. 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 Farmington, Kentucky 42040 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Farmington, Kentucky and around Graves 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 | 92.11% | 88.63% | 85.27% | 83.16% | 80.78% | 83.00% | 84.03% | 80.39% | 80.92% |
avg mortgage rate | 6.47% | 4.67% | 3.06% | 3.33% | 4.39% | 4.61% | 4.15% | 3.88% | 4.07% |
% 15 year fixed mortgage | 7.89% | 7.90% | 11.60% | 11.11% | 12.96% | 12.39% | 12.89% | 15.19% | 12.31% |
avg mortgage rate | 6.06% | 3.82% | 2.52% | 2.84% | 3.86% | 4.06% | 3.39% | 3.11% | 3.26% |
Avg credit score | 740.24 | 750.14 | 754.57 | 768.89 | 749.49 | 750.51 | 754.61 | 752.55 | 756.33 |
Avg LTV (loan to value) | 81.03% | 81.84% | 82.11% | 83.03% | 82.61% | 80.96% | 80.89% | 81.71% | 81.66% |
Avg DTI (debt to income) | 34.38 | 33.61 | 32.51 | 30.67 | 31.70 | 32.15 | 30.99 | 31.65 | 30.79 |
% First time homebuyer | 45.39% | 34.10% | 30.72% | 29.86% | 33.69% | 26.22% | 26.33% | 25.97% | 24.62% |
Avg mortgage insurance % | 14.10% | 12.49% | 13.42% | 13.90% | 12.86% | 11.03% | 10.71% | 12.05% | 10.86% |
Best Mortgage Brokers around Farmington, Kentucky 42040
For those searching for a new home in Farmington, we have compiled a list of the top mortgage brokers located in and around Farmington, Kentucky 42040 to assist you with your search.
Check 'n Go
3200 Park Ave
Paducah KY 42040
(270) 444-9334
comments@checkngo.com
OneMain Financial
2700 New Holt Rd
Paducah KY 42040
(270) 442-1611
http://branches.onemainfinancial.com/ky/paducah/2700-new-holt-rd.html
Springleaf Financial Services
2780 New Holt Rd
Paducah KY 42040
(270) 443-5386
compliancehelpline@slfs.com
Southwest Funding
2850 Adams St
Paducah KY 42040
(270) 442-7557
http://www.southwestfunding.com
Lendmark Financial Service
4645 Village Square Dr
Paducah KY 42040
(270) 442-4351
http://lendmarkfinancial.com
Address
3200 Park Ave
Paducah KY
Contact
(270) 444-9334
comments@checkngo.com
Address
2700 New Holt Rd
Paducah KY
Contact
(270) 442-1611
http://branches.onemainfinancial.com/ky/paducah/2700-new-holt-rd.html
Address
2780 New Holt Rd
Paducah KY
Contact
(270) 443-5386
compliancehelpline@slfs.com