Compare Today’s Mortgage Rates for New Orleans, Louisiana
Pureloan searches mortgage lenders and major banks in New Orleans, Louisiana 70195 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $5,261 or $15 / month is expected in New Orleans and other areas of Jefferson county.
Pureloan’s search engine explores all home mortgage options in New Orleans, Louisiana 70195, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
No suitable program is found
Summary of Average Mortgage Terms in New Orleans, Louisiana 70195
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
Become a certified mortgage expert on Pureloan.com
in New Orleans, Louisiana 70195
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive and Personalized Mortage Rates Analysis
To forecast and predict mortgage rates in New Orleans, LA 70195, 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 New Orleans, Louisiana 70195 from 2012 - 2019
We have compiled mortgage rate charts for home loans in New Orleans, Louisiana and around Jefferson 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 | 87.41% | 92.09% | 86.86% | 87.95% | 91.80% | 88.97% | 90.79% | 90.18% |
| avg mortgage rate | 4.93% | 4.73% | 3.89% | 3.93% | 4.48% | 4.13% | 3.98% | 4.13% |
| % 15 year fixed mortgage | 9.09% | 6.47% | 9.49% | 8.48% | 6.56% | 9.13% | 6.58% | 6.25% |
| avg mortgage rate | 4.29% | 4.01% | 3.27% | 3.08% | 3.49% | 3.34% | 3.32% | 3.79% |
| Avg credit score | 752.68 | 749.68 | 749.99 | 749.11 | 745.10 | 741.27 | 744.80 | 747.46 |
| Avg LTV (loan to value) | 75.06% | 79.22% | 82.02% | 81.84% | 84.06% | 83.20% | 83.45% | 80.18% |
| Avg DTI (debt to income) | 32.13 | 32.58 | 31.87 | 32.53 | 33.19 | 32.17 | 33.40 | 33.40 |
| % First time homebuyer | 32.17% | 27.34% | 29.93% | 36.61% | 36.07% | 29.66% | 29.39% | 27.68% |
| Avg mortgage insurance % | 5.87% | 7.81% | 10.99% | 12.21% | 14.67% | 14.02% | 13.42% | 9.45% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around New Orleans, Louisiana 70195
If you’re looking to buy a new home in New Orleans, we have compiled a list of the leading mortgage brokers around New Orleans, Louisiana 70195 to help you with your search.
Name
Address
Contact
Proper Financial Company
1100 Poydras St
New Orleans LA 70195
(504) 308-1444
max@properfinancial.com
Eustis Mortgage
1100 Poydras St
New Orleans LA 70195
(504) 586-0075
sunny@eustismortgage.com
Regional Home Loans
7230 Bullard Ave
New Orleans LA 70195
(504) 248-1801
Equity Metrix
701 Poydras St
New Orleans LA 70195
(504) 267-0332
Triumphant Mortgage
10001 Lake Forest Blvd
New Orleans LA 70195
(504) 246-6651
Address
1100 Poydras St
New Orleans LA
Contact
(504) 308-1444
max@properfinancial.com
Address
1100 Poydras St
New Orleans LA
Contact
(504) 586-0075
sunny@eustismortgage.com
Address
7230 Bullard Ave
New Orleans LA
Contact
(504) 248-1801