Compare Today’s Mortgage Rates in Franklin, Kentucky 42135
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Franklin, Kentucky 42135.
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 $9,043 over the lifetime of your 30-year fixed loan, or a monthly savings of $25 in Franklin and other areas of Simpson county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
Summary of Average Mortgages in Franklin, Kentucky 42135
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Interactive Mortgage Rate Projections for Franklin, Kentucky 42135
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Franklin, KY 42135. 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 Franklin, Kentucky 42135 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Franklin, Kentucky and around Simpson 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 | 93.37% | 93.14% | 90.01% | 86.79% | 86.36% | 84.10% | 77.80% | 81.18% | 79.30% |
avg mortgage rate | 6.52% | 4.54% | 3.02% | 3.32% | 4.41% | 4.68% | 4.20% | 3.91% | 4.10% |
% 15 year fixed mortgage | 3.57% | 5.47% | 6.97% | 9.07% | 9.24% | 11.88% | 17.21% | 14.31% | 14.10% |
avg mortgage rate | 6.21% | 3.55% | 2.40% | 2.75% | 3.72% | 4.03% | 3.42% | 3.12% | 3.26% |
Avg credit score | 745.71 | 748.35 | 748.08 | 751.83 | 763.16 | 750.87 | 748.23 | 748.80 | 754.23 |
Avg LTV (loan to value) | 79.44% | 79.73% | 82.55% | 82.33% | 81.56% | 80.47% | 80.27% | 81.15% | 80.30% |
Avg DTI (debt to income) | 36.82 | 35.44 | 33.48 | 32.85 | 33.85 | 33.69 | 31.90 | 32.05 | 31.31 |
% First time homebuyer | 38.27% | 33.72% | 34.31% | 29.53% | 34.85% | 32.54% | 27.88% | 23.33% | 25.99% |
Avg mortgage insurance % | 13.21% | 11.68% | 13.54% | 12.97% | 12.64% | 11.18% | 10.94% | 11.67% | 10.74% |
Best Mortgage Brokers around Franklin, Kentucky 42135
For those searching for a new home in Franklin, we have compiled a list of the top mortgage brokers located in and around Franklin, Kentucky 42135 to assist you with your search.
Acopia Home Loans
103 S Main St
Franklin KY 42135
(270) 253-3316
Churchill Mortgage
314 N Main St
Franklin KY 42135
(615) 767-5297
http://www.churchillmortgage.com/
World Finance
1326 Nashville Rd
Franklin KY 42135
(270) 586-2090
http://www.worldacceptance.com
Personal Finance Company
727 N Main St
Franklin KY 42135
(270) 586-0049
http://www.personalfinancecompany.com
Farm Credit Mid-America
215 Rogers Rd
Glasgow KY 42135
(270) 651-9425
https://e-farmcredit.com/
Address
103 S Main St
Franklin KY
Contact
(270) 253-3316
Address
314 N Main St
Franklin KY
Contact
(615) 767-5297
http://www.churchillmortgage.com/
Address
1326 Nashville Rd
Franklin KY
Contact
(270) 586-2090
http://www.worldacceptance.com